When it comes to managing inventory, hotels have the daily challenge of selling as many hotel rooms as possible, at the most profitable rate, before the clock strikes midnight. Unsold nights are permanently lost revenue opportunities. This is why it is critical for Hotels to have an inventory management strategy that maximizes occupancy and revenue.
While blockchain technology contains the potential to disrupt the entire travel industry as it stands, should you be keeping an eye on it!
At the heart of this on-going evolution exists the new aged digital traveler, and hoteliers desire to better understand what they look for within their hospitality experience. With this in mind, weve compiled a 10-step checklist to ensure your hotel property is best equipped to attract the modern, digital traveler:
Today, guest-facing apps are soaring in popularity, automating various types of interactions between diners and restaurants. Self-service kiosks are also gaining ground. These technologies are aimed at reducing friction in the ordering process making it easier to customize meals, for example, and cut wait times.