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Big Data 101 for Hotels and Hospitality Businesses

Revenue Hub

Subscribe to our weekly newsletter and stay up to date Volume: by 2025, it is estimated that 463 exabytes of data will be created each day globally. It helps organizations personalize customer experiences, communicating with them via their preferred channels. That’s enough to fill over 200 million DVDs.

Article 92
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2023 hotel and travel trends

Boutique Hotel News

This means that during periods of high consumer price growth, hotels have been able to raise room rates and pass on these rising costs to guests. Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships.

Concierge 312
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Top Restaurant POS Features To Look For In 2023

The Restaurant Times

In fact, by 2025, the cloud POS market is expected to reach $6 billion. However, POS data is useful for more than just learning about your customers and their preferred methods of communication. Similarly, POS data offers insight into seasonal trends and allows for increased margins based on pricing data.

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Deloitte: Business travel begins to take off

Hotel Business

Full recovery following the pandemic appears likely by late 2024 or early 2025. While higher travel prices are the most significant factor deterring companies from travel, live events are poised to be the major driver of business travel demand, leapfrogging to the top reason for international travel from the U.S.

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Empowered leaders: Female forces in hospitality and real estate

Boutique Hotel News

Judi Blakeburn , brand director, Another Place , Watergate Bay and Beach Retreats [FC] With a career spent in hospitality marketing, Blakeburn is an expert on both the sector and the role of marketing in medium-sized businesses, and is a passionate advocate of the importance of brand and marketing at board level.

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Business Travel Takes Off But Full Recovery Still Delayed

Revenue Hub

Full recovery following the pandemic appears likely by late 2024 or early 2025. While higher travel prices are the most significant factor deterring companies from travel, live events are poised to be the major driver of business travel demand, leapfrogging to the top reason for international travel from the U.S.

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Think Your Guests are Too Luxurious for Digital? Think Again

Revenue Hub

Nowadays, everyone has a phone in their pocket and it’s how we all communicate, record, entertain ourselves, research, and purchase things. According to the consultancy McKinsey, in 2025 a fifth of purchases of luxury goods (that’s $91 billion in monetary terms) will be made online. Upselling” implies a price.

Article 85