The Big Data Revolution Within the Hospitality Industry

Uncovering a Traveler's 'Digital Profile'

By Rahul Razdan CEO, Ocoos | March 27, 2016

Big Data will provide a complete "digital profile" of current and prospective guests, enabling hotel executives to create more effective marketing and communications campaigns. This opportunity, available for all and affordable to all, will transform the way hoteliers interact with travelers; it will revolutionize this relationship for the better by making outreach more direct, personal and relevant. Thus, these benefits are too important to ignore - they are too substantial to dismiss - since the result will be a more intimate and gracious expression of loyalty from hotel executives on behalf of their most loyal supporters. Welcome to the big dividends of Big Data.

Attention, hotel executives: Every morsel of information about every guest – past, present and future – already exists; it is available for you to analyze, scrutinize, read, review and examine; it is decipherable, thanks to a revolution in technology and a transformation in pricing, where data – all those ones and zeroes, in perfect correspondence to each person's digital profile – reveal how, when and why to customize your marketing to each patron . . . without busting your budget.

This series of events is worthy of the word revolution because, when you look at the way hoteliers try to attract new guests and retain current visitors, when you look at the expensive advertising campaigns by global brands and the more modest initiatives from boutique destinations, the type of messaging is, for all intents and purposes, the same.

These efforts, through print, radio, TV and various forms of online media, tell the public what a specific hotel is; whether it is an international chain that chooses to summarize its values with a slogan, or whether it is an independent hotelier that seeks to highlight its emphasis on exceptional service – either company spends the majority of its time talking about itself, never bothering to learn how to speak to each individual guest, who has his or her own respective interests.

alt text

Big Data changes this relationship for the better.

Choose a Social Network!

The social network you are looking for is not available.

Close

Hotel Newswire Headlines Feed  

William A. Brewer III
Bonnie Knutson
Mike Handelsman
Aaron Koppelberger
Frank Meek
Peter Anderson
Michael Koethner
Ken Hutcheson
Paul van Meerendonk
Gerald Fernandez, Sr.
Coming up in May 2019...

Eco-Friendly Practices: Corporate Social Responsibility

The hotel industry has undertaken a long-term effort to build more responsible and socially conscious businesses. What began with small efforts to reduce waste - such as paperless checkouts and refillable soap dispensers - has evolved into an international movement toward implementing sustainable development practices. In addition to establishing themselves as good corporate citizens, adopting eco-friendly practices is sound business for hotels. According to a recent report from Deloitte, 95% of business travelers believe the hotel industry should be undertaking “green” initiatives, and Millennials are twice as likely to support brands with strong management of environmental and social issues. Given these conclusions, hotels are continuing to innovate in the areas of environmental sustainability. For example, one leading hotel chain has designed special elevators that collect kinetic energy from the moving lift and in the process, they have reduced their energy consumption by 50%  over conventional elevators. Also, they installed an advanced air conditioning system which employs a magnetic mechanical system that makes them more energy efficient. Other hotels are installing Intelligent Building Systems which monitor and control temperatures in rooms, common areas and swimming pools, as well as ventilation and cold water systems. Some hotels are installing Electric Vehicle charging stations, planting rooftop gardens, implementing stringent recycling programs, and insisting on the use of biodegradable materials. Another trend is the creation of Green Teams within a hotel's operation that are tasked to implement earth-friendly practices and manage budgets for green projects. Some hotels have even gone so far as to curtail or eliminate room service, believing that keeping the kitchen open 24/7 isn't terribly sustainable. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.