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What the Hotel Room of the Future Looks Like

Posted by Thai Pham on

Nowadays, amenities such as flat-screen TV, Wi-Fi, aircon, minibar, etc. in your typical hotel rooms are considered must-haves and can no longer act as key differentiators. Hotels will certainly evolve, and the adoption of new technologies is inevitable. The question is, how drastically?

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Topics: Hospitality solutions, Technology trends

5 Features to Look For in an Automated Revenue Management System

Posted by Thai Pham on

Most today’s hotel operators believe that revenue management will become even more automated with further advances in data analytics capabilities. So, which technology solution is the right one? How can a hotel operator be assured that the solution they implement will best meet the needs of the hotel and enable revenue managers to achieve optimal results? The following are just a few key buying considerations to keep in mind. 

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Topics: Hospitality solutions

How Hoteliers Cope with the Rise of the Sharing Economy

Posted by Thai Pham on

The sharing economy (also known as “peer-to-peer economy” or “collaborative consumption”) is the concept of sharing resources that are otherwise go to waste. Technology plays a part in helping the sharing economy to expand, and making the assets cheaper, more accessible than ever. In today's article, we'll focus on the hospitality industry and how much impact the sharing economy, particularly Airbnb, is having on the industry as well as the consumers.

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Topics: Hospitality solutions, Technology trends

Key Concepts in Revenue Management: Relevant Data and Intelligent Pricing

Posted by Thai Pham on

This blog provides a cursory overview of some of the key concepts related to next-generation revenue management practices. The first part talked about the performance metrics. In this final part, we will take a quick look at the remaining two concept: data and intelligent pricing. 

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Topics: Hospitality solutions

Key Concepts in Next-Generation Revenue Management: Performance Metrics

Posted by Thai Pham on

This blog provides a cursory overview of some of the key concepts related to next-generation revenue management practices, starting with the ever-evolving performance metrics that are commonly used to track and measure success.

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Topics: Hospitality solutions

Want Highly Effective Managers? Spot Signs of Management Derailment

Posted by Thai Pham on

Times of change present many challenges throughout organisations — especially for front-line managers, who need to implement change through their people and do more with less. Ironically, when you need your highly effective managers to perform at their very best, that’s when they are the most vulnerable to buckling under the pressure. This article will provide you with early warning signs of management derailment.

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Topics: Talent Management

Avoid These 3 Mistakes in order to Improve the Quality of Your OKRs

Posted by Thai Pham on

Objectives and Key Results (OKRs) are an effective goal planning method which is being used at Google. You may wonder: “My company is not Google. Will my company still be able to benefit from everything that OKRs have to offer?” Maybe! If you have a concrete understanding of what OKRs are, and you do not attempt to make any of the following mistakes, you and your team might be set to go.

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Topics: Talent Management

13 Rules to Follow When Using Personnel Assessments

Posted by Thai Pham on

Employers can effectively use personnel assessment instruments to measure job-relevant skills and capabilities of applicants and employees. These tools can help to identify and select better workers and can help improve the quality of an organisation’s overall performance. To use these tools properly, employers must be aware of the inherent limitations of any assessment procedure, as well as the legal issues involved in assessment.

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Topics: Talent Management

Will Smart Technologies Replace CFOs?

Posted by Thai Pham on

From cloud computing and robotic process automation to analytics, AI, and machine learning,  a new class of digital disruptors is transforming the role of finance. Will all the automation and technology that CFOs have at their fingertips ultimately replace the need for a traditional finance chief, or will CFOs be able to harness that technology to improve their bottom lines?

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Topics: CFOs, Technology trends

5 Elements of an Integrated Business Planning Framework

Posted by Thai Pham on

Integrated Business Planning (IBP) has delivered significant benefits to practicing businesses. According to a recent study conducted by Aberdeen Research, companies with a well-structured IBP process achieved the following benefits over a two-year period post IBP implementation:

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Topics: CFOs, Technology trends

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