As technology continues to evolve, and direct bookings continue to grow exponentially since 2020, it’s safe to say that the playing field has been levelled for hotels to compete and get more direct bookings. But, as the world of travel continues to change at a rapid pace, the big question is, what is next for independent hotels in the future?
As some experts speculate that consumer savings will dwindle and there will be less travel in 2023, our early market indicators show a different story. Currently, the revenge travel trend is holding strong, and exponential levels of demand and direct bookings seem likely to continue growing in 2023. Keep reading this article to find out why we expect travel to continue with a vengeance in 2023.
Guestcentric launched HyperCommerce - a comprehensive solution that addresses all hotel ecommerce and distribution needs and empowers hotels to generate business and grow direct revenue.
In late November 2022, OpenAI unveiled ChatGPT to the world, calling it a trained model that interacts in a conversational way. I’m sorry if the title of this article misleads you, but heads up, this is not an article about ChatGPT. It’s an article about how conversational bots based on Large Language Models (LLMs) can shape the future of the hospitality industry.
It’s been a whirlwind of mass layoffs, revenue losses, investigations, provocative tweets, and app developments since Elon Musk announced his impending acquisition of Twitter back in April 2022. A number of big advertisers have since paused spending or left Twitter altogether, while media headlines continue to be a flurry of gloom and doom predictions regarding the future of the platform.