Hoteliers are facing rising costs that demand smarter, data-driven expense strategies. This article explores how precision optimization, real-time analytics, improved procurement, and modernized systems help protect profitability without reducing service quality. It also highlights the value of energy-efficient upgrades, proactive maintenance, and disciplined capital planning. By focusing on sustainable, guest-invisible efficiencies, hotels can strengthen cash flow, boost NOI, and stay competitive in a high-cost market. READ MORE
It seems as though new travel trends are emerging daily, especially with the prominence of social media, and travelers are increasingly becoming drawn to trend-focused trips. Hoteliers must stay informed and strategically choose which trends to embrace based on their target audience, location and resources in order to stay relevant in a highly competitive hospitality industry. READ MORE
Hotels are known for their massive energy consumption within the larger hospitality industry, utilizing highly dated systems in guest rooms, as well as in public and service areas. However, innovations in cooling are completely transforming the way in which hotel executives approach operations, allowing them to benefit from significant energy savings and improved guest experiences. READ MORE
Explore the transformative impact of IoT integration, omnichannel experiences, and data analytics, which promise to redefine the hospitality customer journey. From high-tech, low-touch solutions to unbundled packages and maximized data utilization, discover the innovative trends that will continue to shape the industry in 2024. Embrace the digital revolution and stay ahead by providing unparalleled personalization, efficiency, and technological innovation. READ MORE
Hotels are shifting from reactive loyalty programs to proactive guest engagement powered by AI. New research led by Dr. Rik van Leeuwen Churn management in hospitality demonstrates how predictive models can anticipate churn and trigger timely interventions-like targeted discounts-that effectively boost rebooking rates. These insights help hotels retain their guests, increase revenue, and deliver smarter, personalized experiences to all guests. READ MORE