How independent hotels are preparing for the future
Led
by technologies such as AI and robotics, as well as the ubiquitous need for
responsive, high-speed connectivity, the hospitality industry is experiencing
radical change. This is seen in both the ways they serve guests and how they
satisfy their expectations. In all this, independent hotels are well positioned
to take the lead.
When
it comes to innovation, independent hoteliers often lead the way. An immediate
understanding of the needs and wants of their specific clientele is a critical
component for their survival. So is the ability to adapt to change.
Today’s typical traveler is evolving quickly, becoming younger and more tech-savvy. They travel for business, but also with an eye to enjoying themselves while on their journey, an exciting hybrid known as “bleisure travel.” They expect an experience that will cater to their expectations, surprising and delighting them all the while.
According
to HotelTechReport,
the global bleisure tourism market was valued at $594 billion in 2023 and is
estimated to grow to $3.3 trillion by 2033. Among other findings, 83% of
business travelers report having taken a bleisure trip in the past year.
How
can independent hotel operators make the most of this exciting market?
Personalization
is the new normal
For
many guests today, having a clean room and a quick check-in is no longer
enough. According to Hotel
Business.com, today’s hotel guests commonly expect personalized service:
“Nearly half (45%) are willing to pay more for unique or high-quality
experiences, while only 11% look for the lowest possible rate.”
The
ability to deliver such personalization depends on technology that builds a
highly detailed profile of individual guests, delivering a service experience
they will appreciate and reward with return business. Does the guest have
specific room or communications preferences? Do they like a room that is cool
or warm? Do they have a pet, a favorite restaurant or online work needs?
Personalization
incorporates all these and other data points to enhance and expand the guest
experience. It is a way to make a hotel stand out as a destination. At the same
time, it can enhance value for hotel operators by encouraging guests to spend
more on what they want.
Building
a network for the AI era
The
increased use of data in personalization is part of a larger transformation of
hospitality centered around AI. Independent hotels can better differentiate
themselves by utilizing AI to identify patterns in guest behavior and cater
more directly to their anticipated needs and desires.
According
to a 2025 report,
“the hotel of 2035 will be powered by AI technology, a modern technology
infrastructure and seamless connectivity.” Hyper-personalized offers, chatbots
and sustainability initiatives that reduce carbon footprints are among the AI
benefits anticipated.
For
independent hotels, the time to shift into an AI future has already begun.
Fast, reliable fiber connectivity will play a key role; so will a WiFi network
that eliminates dead spots and keeps guests connected. Advances in the Internet
of Things and contactless technologies have the potential of allowing fuller
autonomy for guests, and with it, stronger engagement.
According
to the 2025 report, 58% of guests believe AI improves the booking experience as
well as the stay. AI technology offers the potential to unlock critical
behavior insights while automating reservation and housekeeping processes for
greater efficiencies in cost as well as time.
Flexible
pricing is expected and wanted
Another
critical way independent hotels utilize data to their advantage is with
pricing. While seasonal pricing is a traditional means of helping hotel
managers maintain profitability and robust occupancy rates throughout the year,
the use of property management systems (PMS) and hotel tech stacks fueled by
high-speed data help independent hoteliers to be nimble and focused on their
price strategies.
Pricing
models can be tailored for different demographics, which often have clear
preferences for the type of stay they want and how much they will pay for it. A
PMS built around fast connectivity, security and cloud access offers
independent hotels a way to harness data as part of a successful strategy.
Keeping
pace with market changes is not only economically desirable; it’s also expected
by the guests themselves. According to Hotel Business.com, 87% of travelers
surveyed expect to encounter dynamic pricing.
Independent
hoteliers need to use this acceptance wisely by using data to glean the right
analytic insights and then channeling it to a network that is responsive,
lag-free and capable of routing traffic as needed.
Finding
the right solution for you
The
U.S. hospitality industry is on the upswing, and independent hotels are poised
to reap sizable profits by taking a long view. One way of doing this is to find
the right technology partner to transform data-driven insights into positive
results.
Spectrum
Business understands the unique challenges faced by independent hotels
today. We offer complete hospitality technology solutions, including
communications, TV and networking with 24/7/365 support.
Hoteliers
working through their 2026 budgets and technology roadmaps can get a head start
on their strategy by downloading the Spectrum
Business Hotel Technology Budgeting Checklist.
Link to article: https://enterprise.spectrum.com/insights/blog/how-independent-hotels-are-preparing-for-the-future.html
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.