Page 2 - Attribute Based Selling News Today

WebBeds, the global marketplace for accommodation and ground product distribution services, recently held its second IMPACT Summit in Orlando, FL.

For hotel management companies looking to secure new management contracts from hotel owners, the technology on offer can make or break a deal. Investors own hotels explicitly to make the business value increase, often with a profitable sale as a targeted outcome. But we all know that post-pandemic labor tightening has put a strain on hotel operations. When operations are stressed, there is a downstream impact on property maintenance, guest experience, reviews, and eventually revenue.

Article - Trends to Watch in Global Hotel Distribution: Fintech, Artificial Intelligence, and Regulatory Changes - By Andrea Daniels - The hotel distribution landscape is facing potential transformation, driven in part by the entry of fintech and big banks. As the industry looks ahead, several other key factors such as Artificial Intelligence (AI), data privacy, regulatory changes, and evolving distribution channels could shape the strategies of global hotel distribution. I explored these trends...

You are a hotel group executive. You open your laptop, go to your email, and see:

Club Quarters Hotels has been a well-known hotel brand for over 30 years that caters to the business traveler segment. In more recent times, thanks in part to COVID, their model has pivoted to attract leisure travelers who were visiting their destination cities.

Throughout 2022 The Revenue Optimization panel addressed a number of interesting topics including emerging decision making technologies, moving beyond RevPAR to focus on profitability, driving ancillary revenue, the evolving role of the Revenue Manager, and even how to avoid the fine line between data-driven decision making and analysis paralysis.

The practice of Stay home and stay safe is constantly being replaced by revenge travel and socialising. The new sense of freedom is encouraging a majority of people to step out and get the best of what they couldnt enjoy during the global pandemic. This passion for socialising is also fuelling new consumer expectations where guests seek convenience and sophistication from their favourite brands.

For years, many in the hotel industry have talked about Attribute Based Selling (ABS). It has been discussed at conferences and in webinars with many claiming it is the way of the future that looks like the way of the past, while other claim it is currently in action out in the market.