The bidding mechanism reverses the pricing model: the hotel displays a price and buyers make an offer, based on their budget and their expectations.
Is Airbnb’s Millennials’ strategy at a turning point?
According to a recent survey, Millennial travelers prefer upscale and luxury hotels/resorts, followed by camping and apartment and/or condo – in fact only 23% said a condo/apartment rental is their preferred type of accommodation.
WIT collaborates with Phocuswright to find APAC Innovators of the Year
WIT Startup Pitch Japan & North Asia 2018 now open for entries
HFTP and HSMAI Region Europe to Co-locate European Conferences in April 2018
Events bring expert groups together to Amsterdam, The Netherlands to enhance attendee experience
Adopting an innovative mindset in the foodservice industry in challenging times
What does innovation mean to food and beverage specialists, given their respective working structures and cultures? AccorHotels’ CEO of global F&B, Amir Nahai told a recent panel discussion at Ecole htelire de Lausanne that, for the hotel group, innovation is all about getting closer to their customers.
Marriott Hotels launches its ongoing partnership with TED in Asia
Worldwide Marriott Hotels has launched its ongoing partnership with TED in Asia, inviting three inventive TED fellows to share their views on travel and innovation.
Looking ahead: the hospitality industry in five years
Looking to the future has always been a tricky task, and given the pace of technological innovation taking place today, this has not become any easier. Nevertheless, it is possible to view trends as they are, and make some predictions with a fair degree of accuracy.
Appealing to every dimension of human nature
For luxury hotels, coming up with new ideas for innovation is one of the hardest things. However, looking outside the industry, there are some examples of pioneers presenting practical, tangible ideas for overcoming some of the typical barriers to innovative thinking among luxury hoteliers.
2017 travel trends and industry opportunities
The pace of innovation across every industry and every company is astounding today, from natural language processing and data sciences to artificial intelligence and virtual reality. How exactly these mega trends are going to affect our industry, and hoteliers specifically, remains to be seen, but we do know that tomorrow will look very different from today.
Unlocking a hotel innovation strategy
It is human nature to always look for a better, more enhanced experience. Arguably, innovation is the key idea that is shaping corporate life, or even defining the actual corporate mission. Hospitality firms are not indifferent to the changes occurring at the level of their competitors, the fast-paced market, or emerging technology breakthroughs.
