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Revenue Management Blog

/Revenue Management Blog/

3 Digital Trends That Will Take the Travel Industry By Storm in 2018

The travel industry is constantly evolving as new digital technology emerges. In this article, we explore some of the digital trends that are going to be most significant in the industry throughout the next year: from virtual reality, which is changing the booking process, to augmented reality, which is enhancing the in-person experience, to artificial intelligence, which is fundamentally changing customer service. Digital Trends in 2018 for the Travel Industry Every year, certain key trends emerge within the travel industry, helping to improve the customer experience, change the way people book their travel, or make internal processes quicker, more simple,

3 Digital Trends That Will Take the Travel Industry By Storm in 2018 2017-10-17T15:46:20+00:00

How to use Artificial Intelligence in the Hospitality Industry

As computer technology has advanced, artificial intelligence has become more reliable, enhancing its standing within the business world. Indeed, hospitality companies are increasingly using AI to carry out customer service tasks, which are especially important within hotels and resorts. In this article, we take a closer look at the way in which artificial intelligence is revolutionising the hospitality industry. What is Artificial Intelligence? Artificial intelligence, or AI, refers to the performance of seemingly intelligent behaviours by computers or machines. Artificial intelligence, as a concept, has existed since the 1950s, but it is only in recent times that technology has advanced

How to use Artificial Intelligence in the Hospitality Industry 2017-10-17T15:13:49+00:00

How Augmented Reality is Transforming the Hospitality Industry

In recent years, augmented reality (AR) has emerged as a vital marketing tool, allowing businesses to change the way customers perceive the environment they are in. The technology is extremely valuable to the hospitality industry, because hotels are essentially selling a physical environment, which can be enhanced through AR. Here, we take a look at the ways augmented reality is changing the hospitality industry for the better. What is Augmented Reality? Augmented reality serves to alter a person's perception of their physical surroundings, through the use of computer technology. Augmented reality is often compared to virtual reality (VR), but while

How Augmented Reality is Transforming the Hospitality Industry 2017-10-17T15:13:30+00:00

How Virtual Reality (VR) can Enrich the Hospitality Industry

Virtual reality, or VR for short, is one of the biggest emerging technology trends and the business world is gradually coming to terms with the various opportunities it provides. For those in the hospitality industry, virtual reality has particular appeal, because it can digitally transport potential customers to a hotel or travel destination. In this article, we look at the various ways hotels can leverage virtual reality to boost business results. What is Virtual Reality? Virtual reality is a computer technology, which utilises images, sounds and physical sensations to make users feel as though they are physically present in a

How Virtual Reality (VR) can Enrich the Hospitality Industry 2017-10-17T15:13:26+00:00
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