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Similar to The Fourth Technology Revolution for Hospitality from Xenia Hospitality Advisors 2018 s1 wp (20)
The Fourth Technology Revolution for Hospitality from Xenia Hospitality Advisors 2018 s1 wp
- 4. TheFourthHospitalityRevolution
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Thehospitalityspaceisjustbeginningtobridgethephysicaland
digitalworldsasitstartstoalignwithIndustry4.0.Newtechnologies,
increaseddataaccess,andenhanceddigitizationarerapidlychanging
whatisrequiredforthehospitalityprovidertoolset—andmust
ultimatelyresolvethefundamentalfracturesbetweenintermediary
parties,legacyservices,andde-centralizedofferings.
BBroughtonbyIndustry4.0,thehospitalityprofessionalofthe21st
centurymustleverage3essentialdigitalcapabilities,enhancedbythe
powerofreal-timedata,todeliveronthepromiseoftheguest
experience.
InsightsOn-Demand
Customerandoperationaldataiseasiertocaptureandanalyzein
real-timethanereal-timethaneverbefore.AdvancesinAPIcapabilities,machine
learningalgorithms,andweb-basedIoTdashboardsaremakingbig
datarapidlyaccessibletohospitalityprofessionalsforthefirsttime.
ActionabilityandControl
IncreaseddataaccessibilityempIncreaseddataaccessibilityempowershospitalityproviderstomake
moreinformedoperationaldecisionsthatkeeppacewithbusiness
today.Informationattheirfingertipsleadstogreaterresponsiveness
andincreasedresponsibilityforservicesquality,productsafety,and
effective,real-timeidentificationandmanagementofguestneeds.
AI-PoweredEngagement
AdAdvancesinAIcreatemorepointsofengagementforgueststhat
mustbeleveragedtoimprovecustomerexperiencesanddrive
loyalty.
- 6. TECHNOLOGY
Forexample,anewopen-solutionplatform calledHAPIisgiving
hotelsgreaterownershipovertheirbigdata.
HAPIleveragesAPIstointegratedatafrom distincthotel
vvendors,disparatesystemsandthird-partyintegratorsintoone
secureplatform.Forthefirsttimeever,hotelscanaccessand
managetheirowndatasets—from check-ins,occupancy,HVAC
usage,securityandmore—withinonecentralizedplatform.HAPI
combines,filters,cleansesandenrichesdatastreamstoprovide
hotelsreal-timeguestinsightsandbuildoutenhancedCRM
profilestohelpcommunicatemoreeffectivelywithvisitors.
“Developinganunderstandingoftravelerjourneyscan
helppredicttheneedsofguestsastheymovethrough
theirpurchasesandphysicaljourneyusingoffersand
servicesthattrulyconsideroftheneedsoftheirjourney.
Theconceptistomovebeyondalook-aliketransaction
andendeavortounderstandandserveeachindividual
guest.Practicallyspeaking,youshoulduseautomation
tospeaktointospeaktoincomingandin-houseguestsateachstep
oftheirjourney,leveragingpersonalizationfrom their
comprehensiveprofiles,toofferservicesand
upgradesthatestablishloyaltywhilemaximizing
revenue.”
-LuisSegredo
ChiefExecutiveOfficer,HAPI
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