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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 and their implications for the current and future state of hotel distribution with HSMAIs Global ...
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.