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Jeff Higley
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Patrick Mayock
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Jan Freitag
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Jason Q. Freed
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The Lobby a social network from HotelNewsNow.com
Jason Q. Freed
News Editor

jfreed@HotelNewsNow.com

Wednesday, 29 May 2013

E-book outcome could affect hotel distribution
Posted by Jason Q. Freed at 6:56 AM

Hotel brands and distributors should pay close attention to an alleged price-fixing court trial beginning next week that has similar models, overtones and potential ramifications as investigations into hotel room distribution platforms.

The case is U.S. v. Apple Inc et al, filed in U.S. District Court, Southern District of New York and opening arguments begin 3 June. It pits the states and the U.S. Department of Justice against Apple in a civil trial with regards to so-called “agency agreements” Apple had entered into with a handful of large e-book publishing houses that effectively limit Apple's ability to discount electronic books.

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Tuesday, 07 May 2013

Hotels help travelers adjust to foreign lands
Posted by Jason Q. Freed at 10:30 AM

With the world seemingly getting smaller due to more-affordable air travel and increased global business partnerships, there has been much talk throughout the hotel industry about “rolling out welcome mats” for global travelers. After experiencing the longest flight route of my life—from Cleveland to Los Angeles to Shanghai over a 24-hour stretch—I’m totally on board with the strategy.

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Thursday, 28 March 2013

Sorenson’s short-sighted stance on health care
Posted by Jason Q. Freed at 7:07 AM

All eyes have been on Arne Sorenson since he took over the CEO post at Marriott International nearly one year ago. And rightfully so. Sorenson stepped into some rather large shoes as only the third CEO in Marriott’s history and the first outside of the Marriott family. He also serves on the board of directors for Brand USA, so his thoughts and actions have wide-ranging effects on the future of the hotel industry.

Which makes it no surprise that his speech during last week’s Hunter Hotel Conference was a must-see event. Just watching Sorenson enter the Marriott Marquis downtown Atlanta was a spectacle; the lobby erupted in cheers as Sorenson walked through a double-line of Marriott employees similar to how a football player would enter the field or the Pope would arrive at a speaking engagement.

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21 comments

Thursday, 14 March 2013

Are verified reviews the future? I say ‘no’
Posted by Jason Q. Freed at 7:06 AM

As important as online reviews are to the success of your hotel today, I have a feeling we’re just at the tip of the iceberg.

TripAdvisor dominated the game for a long time—and still does. What will really shake things up is when reviews about your hotel are integrated into the mediums consumers frequent everyday—TV, phone, tablet, Google—and served up just at the right time: purchase point.

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10 comments

Wednesday, 06 March 2013

HTNG quietly solving industry’s problems
Posted by Jason Q. Freed at 9:05 AM

Members of Hotel Technology Next Generation take time out during the recent North America conference to discuss technology challenges facing the industry today and over the next few years.

In life, there are people who talk the talk, and there are people who walk the walk.

Heading into my sixth year writing hotel news, I’ve met and interviewed plenty of the former. Brand executives who know exactly what the consumer wants, owners who can turn around profits in a heartbeat, developers with grandiose expansion plans, lenders who are ready to get you the best terms and vendors who can provide returns beyond belief.

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Tuesday, 22 January 2013

Thayer brings hoteliers, technology together
Posted by Jason Q. Freed at 9:27 AM

Covering and writing about the hotel industry, I have the pleasure of attending some top-notch educational events. Monday’s annual Thayer Ventures event at the Westin Bonaventure in advance of the Americas Lodging Investment Summit stood out as one of the best I’ve been to in a while. Other associations and event planners should take note.

Thayer Ventures is a hospitality technology venture capital group that is associated with Thayer Lodging Group. The firm has invested capital in nine different start-up travel technology companies and brought those companies together Monday in Los Angeles for their annual summit.

The event is a win-win for both the technology companies involved and the hoteliers in attendance. It’s a who’s who of hoteliers as well as CEOs of some of the largest brands, management companies, consultants and suppliers.

The technology companies get to drum up support for additional funding and hear feedback from movers and shakers in the industry. And the hoteliers get to present challenges they hope technology can fix and help shape the future direction of hotel technology.

“This is a very unique investment for all of us,” said Thayer Lodging Group CEO Lee Pillsbury, who orchestrated the event. “It’s engaging; it’s involving; it’s different than most investments we make.

“I like to think it provides us with a direction in shaping the industry. Through these investments, we can have a more direct hand in shaping the future a bit.”

Tech trends emerge
Representatives from the tech companies spent the early part of the day providing some background on their companies—who they are, what stage of start-up they’re in, what their accomplishments were the previous year and what their challenges and opportunities are moving forward. This provides the hoteliers who have invested in the Thayer fund an update on how their money is being put to use.  
 
These companies are on the cutting edge of travel technology and identified some key trends they will tackle in the near future. Mobile was an obvious theme and many technology executives said mobile will be the platform to take social media to the next level and really connect hotels with their guests.

As the social media space evolves, companies like NewBrandAnalytics (social intelligence solutions), Adara (online advertising for loyalty programs) and HotelMe (verified hotel reviews) will further the conversation with hoteliers on how and where to spend marketing dollars in the space.

“Everyone wants some level of social, but they don’t want to pay for it. The ability to pay—the desire to pay—is all over the map right now,” said Daniel Farrar, CEO of Switchfly (software as a service loyalty program functionality).

Other companies said they are working with Facebook to get hoteliers “reconnected” with their own customers.

Big data—how to collect it, present it and how hoteliers can use it—also stood out as a trend.

Hipmunk’s CEO Adam Goldstein (metasearch site), for example, said in 2013 the company will focus on exposing the range of data it has on its customers to its partner hoteliers.

“We know what source of factors go into the customers’ decisions,” he said.

Property-level decision-makers need more data to make decisions on pricing and distribution, specifically how better reviews affect pricing power, said Duetto Research CEO Patrick Bosworth (data-driven revenue management system). “It’s easy to do at a macro level but no one is really doing it at the property level,” he said.

Toward the end of the event, representatives from the technology companies facilitated roundtable discussions with hotel decision-makers, presented business development challenges and asked advice on how to tackle those challenges. The feedback generated healthy discussion and undoubtedly paved the way for partnerships in the future.

While much of the day centered on how tech start-ups can further entrench themselves in the industry, conversation continued to circle back to providing guests with the best possible experience.

“We need to return to an emphasis on the emotional environment surrounding booking,” said TourWrist CEO Charles Armstrong (user-generated virtual tours).

“We should be relentlessly focused on the customer experience,” added ID90T CEO Mike Stacy (airline employee e-ticketing). “People want to find what they want easily and then get off.”

 

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