
Despite its critical role in hotel profitability, revenue management remains one of the most misunderstood functions in hospitality. Often considered a dull, technical aspect of occupancy metrics for large chains, hotel revenue management has easily been written off as being just about numbers and pricing. In reality, it is a strategic, creative discipline that can unlock significant value across all types of hotels and operations.
There are few hotels in the world that stop you in your tracks. Not because of over-the-top opulence or theatrical design, but because the experience just feels right. Ett Hem, a stunning townhouse tucked away in residential Stockholm, is one of those rare places.
Independent hoteliers are bombarded daily with technology vendors pitching miracle solutions. Everywhere you turn, there’s another acronym, another platform, another promise to "transform" your property—if only you buy their product first.
The guest review score is a critical KPI for accommodation providers, influencing everything from OTA visibility to guest trust. So when Booking.com announced a major update to how these scores are calculated, the hospitality industry understandably had questions.
Hotel technology can get complicated. If I had to explain why this is to a kid or a golden retriever, I would say it’s because we used the best tools at our disposal at the time, stitching things together as best we could over years or even decades, and then tried to continuously pivot to newer, better systems while keeping the engine running.
After three decades in hospitality technology, we’ve watched countless operational trends come and go. But AI concierge tools represent something different, they’re not about replacing the human touch that makes hospitality special. Instead, they’re about freeing your team to deliver more of it.
In today’s hospitality sector, discussions among hoteliers invariably lead to artificial intelligence (AI). Announced as a transformative force, AI is poised to redefine everything from guest services and dynamic pricing to predictive analytics and content creation. However, a significant gap exists between this potential and its current implementation. This raises critical questions: what is the true state of AI adoption in the industry and what primary obstacles are impeding its progress?
Hospitality Net provides a daily feed of industry news, appointments, photos and option articles.
Regular webinars and panel discussions featuring the top thought leaders of hospitality technology.
Check it outA global network of leading hospitality technology providers and expert advisors.
Check it out