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Transforming Hospitality: The Rise of RTLS Technology in Hotels

NV Hotels

RTLS utilizes a network of sensors and tags to track the precise location of assets, staff, and guests within a hotel’s premises. Originally developed for logistics and healthcare, RTLS technology is finding its place in hotels, promising improved guest experiences, streamlined operations, and enhanced efficiency.

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Technology that Enables Automation Can Ensure Safety and Success

Modern Restaurant Management

Inventory cycle count. RFID tagging solutions can give individual items unique digital identities enabling verifiable chain-of-custody data to be captured throughout the supply chain. Replenishment. Expiration management.

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With Great Rates Come Great Guest Expectations

Larry Mogelonsky

Will the same loud-cycling air conditioner, starchy bedsheets, polyester blanket and minimal amenities suffice? While on paper, the $389 price tag looks good. They may even give the room a high rating on TripAdvisor because it offered good perceived value. Now take this same room and increase the rate to $349, a 75% increase.

Pricing 100
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The Curious Boom and Bust of Food Trucks in China

Restaurant Engine

From the shopping mall construction bubble of 2009 to the RTO bubble of 2011, very exaggerated and abbreviated business cycles are endemic to China. Weibo manually removed the hash-tag “street stall economy” from its Twitter-like platform of 516 million monthly active users. The Communist Party backpedaled.

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Love, Loneliness, and the Chicken in My Freezer

EATER

In this pandemic, a never-ending cycle of bad and worse news, tiny things have started to splinter and break inside of us, too. I picked up a fancy chicken from the farmers market and thought I was hallucinating when I saw the $37 price tag. What we once loved can feel laborious and exhausting.

Pricing 97
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The Essential Overview of Hotel Dynamic Pricing (Price Tags)

Revenue Hub

Below, you can see a graph we’ll call “price tags.” Are you starting to see how a correct bottom price in the low season can impact the entire revenue management cycle? As you can see, dynamic pricing or “price tags” is a complex yet profitable avenue to greater hotel profitability. What are the bottom and starting prices?

Pricing 52
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Butter Is Back and Better Than Ever

EATER

On the refrigerated shelves of the average grocery store, American consumers can now take their pick of cultured, compound, and European butters, all sporting an array of butterfat percentages and price tags, the latter ranging from the fairly affordable to the “damn, that’s expensive.” Why is some butter more yellow than others?

Pricing 98