The Tech Move’s Post

Check out the “Unlocking Hotel Performance: The Power of Revenue Management Technology Today” report that IDeaS Revenue Solutions recently published. It's full of insights on how investors view revenue tech, the role of AI in hospitality, and how technology is changing #hospitality organizations.

Check out the “Unlocking Hotel Performance: The Power of Revenue Management Technology Today” report that IDeaS Revenue Solutions recently published. It's full of insights on how investors view revenue tech, the role of AI in hospitality, and how technology is changing #hospitality organizations. #RevenueManagement #HotelManagement

Did you know AI is making experiential hospitality one of the HOTTEST investments? Listen, I'm a RUTHLESSLY skeptical investor. I don't take anyone's "word for it." I do my own research. I go beyond the numbers. I'm analyzing industry data and broader trends. I've compiled six reasons why I'm predicting that NOW is the time to invest in this unique asset class. That's just one of the reasons people call me the Hotel CPA. Learn more at thehotelcpa.com and let me know what you think! #realestateinvesting #financialplanning #entrepreneurCFO

Sharing some key insights that are driving the future of boutique hotel investments. James's document highlights some exciting market trends and innovative strategies that are making boutique hotels a compelling choice for modern travelers and savvy investors alike. Take a look to learn his perspective on: 1. Evolving Market Trends: Discover how changing consumer preferences and emerging travel patterns are creating unprecedented opportunities in the boutique hotel sector. 2. Technological Advancements: Learn about the cutting-edge technologies that are transforming guest experiences and operational efficiencies, setting new standards in hospitality. 3. Financial Advantages: Explore the financial benefits and protections that make boutique hotels a resilient and attractive investment option, even in fluctuating economic conditions. #HospitalityDesign #BoutiqueHotels #HotelInvestment #InnovationInHospitality #MarketTrends

LodgIQ CEO, David Millili, on the Tech Leaders Unplugged podcast. Here's what you'll learn from this episode: 1. Background and Experience: David Millili, CEO of Logic, has extensive experience in the hotel industry, having worked in various roles and transitioned to tech in the early 2000s. LodgIQ is a revenue management platform focused on integrating data across sales, marketing, and other hotel departments to enhance commercial strategy. 2. Unified Strategy and Tech Silos: LodgIQ aims to break down tech silos in hotels by utilizing AI to make data-driven decisions that benefit various departments. Millili likens AI to a GPS, guiding users efficiently by analyzing numerous data points like historical data, market trends, and competitor information. 3. AI and Data Integration: The platform pulls data from multiple sources, including airline and event data, to provide comprehensive insights. LodgIQ emphasizes the importance of AI as a co-pilot that aids hoteliers in making smarter, more efficient decisions rather than replacing human roles. 4. User-Centric Product Development: Millili stresses that product development should be driven by customer feedback rather than developers' assumptions. LodgIQ continuously improves its system based on user input, ensuring it remains user-friendly and meets hoteliers' needs. 5. Future Trends and Teaching: Millili discusses the potential of AI-enabled programming and the importance of staying ahead of technological trends. His experience as a teacher and mentor has shaped his approach to innovation, emphasizing continuous learning and adapting to new perspectives in the tech and hospitality industries. Full episode at the link in comments below. #hoteltechnology #hotelcommercialstrategy #hotelcommercialstrategyplatform

Did you know AI is making experiential hospitality one of the HOTTEST investments? Listen, I'm a RUTHLESSLY skeptical investor. I don't take anyone's "word for it." I do my own research. I go beyond the numbers. I'm analyzing industry data and broader trends. I've compiled six reasons why I'm predicting that NOW is the time to invest in this unique asset class. That's just one of the reasons people call me the Hotel CPA. Learn more at thehotelcpa.com and let me know what you think! #realestateinvesting #financialplanning #entrepreneurCFO

Great article from Michael Levie. A recommended read on how bridging the tech gap is possible with existing systems and at a reasonable cost. At HotelIQ, we subscribe to the belief that data-driven decision-making is crucial. We live in a world where streaming data and AI are seamlessly integrated into our daily lives. It's time to incorporate them into our industry and workspace. #hospitalitytechnology #dataanalytics #hoteltech #hospitalitynews #DecisionsNotJustData

When you know there must be a better way, but you face resistance to change and a lack of stakeholder buy-in. Here's a great article and approach on how to bridge the tech gap.

🌟 **Unlocking Revenue Potential: Overcoming Tech Tool Challenges in Hospitality 🚀** I recently came across an enlightening article, "Why Tech Tools Remain on the Shelf," shedding light on the obstacles hindering the effective utilization of revenue management (RM) systems in various industries. From cost concerns to system complexity, businesses face challenges that impact their revenue potential. At PerfectCheck we recognize the significance of seamless technology integration to enhance profitability in the hospitality sector. Our user-friendly platform addresses the highlighted challenges, offering an intuitive solution that aligns with user needs and streamlines operations. By embracing design thinking and user-centric innovation, businesses can bridge the gap between advanced tech tools and practical implementation. We empower organizations to maximize profits, streamline operations, and unleash the untapped potential of RM systems effortlessly. Share your experiences and insights to foster a collaborative approach in leveraging innovative solutions. Let's work together to bring these powerful tools off the shelf and into everyday use, driving profitability and efficiency in the hospitality industry. #perfectcheck #ai #hospitalityindustry #foodandbeverage #hotelmanagement #restaurant #revenuemanagement

"Systemise the predictable, so you can humanise the exceptional." Words from Isadore Sharp - Founder, Chairman & CEO of Four Seasons Hotels and Resorts. Use process and technology (digital, data, AI...) to optimise the low order/ low value tasks ("systemise the predictable") so your people have more space to engage on the high order/ high value tasks > like personalising the customer experience you deliver ("humanise the exceptional"). More from 'Issy' on humanising your service delivery. “The reason for our success is no secret. It comes down to one single principle that transcends time and geography, religion and culture. It's the Golden Rule – the simple idea that if you treat people well, the way you would like to be treated, they will do the same.” #leadership #strategytoexecution #peoplematters #peoplestrategy #highperformance #personalgrowth #growthmindset #thinkingoutsidethebox #digitalbusiness #digitaltransformation #datatransformation #businesstransformation #enterprisetransformation #CCO #CMO #CDO #buildingthefuture #futureofwork #daretolead #thinkingdifferently