Revenue Hub

JUNE 11, 2024

A study by PwC predicts that the most significant boosts to GDP from AI will be in China (26% in 2030) and North America (14.5%), totaling a staggering $10.7 trillion and accounting for nearly 70% of the global economic impact. The economic gains from AI are not to be underestimated. billion by 2026, growing at a CAGR of over 9.7%

Guest Satisfaction 99

Guest Satisfaction Article Events Pricing 99

STAAH

MAY 9, 2023

According to the World Tourism Organization, the tourism industry accounts for 5% of global carbon emissions. If left unchecked, this number is expected to double by 2030. The trending AI tool ChatGPT can also assist in the customization of chatbots to suit the specific needs of individual hotels.

Travel and Tourism 83

Travel and Tourism Book Information Accounting 83

Modern Restaurant Management

FEBRUARY 4, 2022

As per a report by Future Market Insights (FMI), the plant-based burgers market is predicted to rise exponentially, exhibiting a CAGR of over 22% between 2020 and 2030. Restaurants using ghost kitchens may directly provide delivery or use delivery services. Consider, removing processed or pre-packaged ingredients from their inventory.

Reservations 218

Reservations Definition POS Systems Customer Service 218

Revenue Hub

APRIL 2, 2024

billion by 2030. Routine processes like inventory management, accounting, and guest support can all be partially automated through an AI-powered PMS, freeing up staff to focus on face-to-face guest interactions and more complex decision-making. In fact, the hotel PMS market size was estimated at USD 7.15

Property Management 102

Property Management Article Server Customer Service 102

7 Shifts

AUGUST 2, 2023

found Gen Z workers are set to triple by 2030 , reaching 51 million. Have the platform's Customer Service contact information handy and be the leader your team needs. Pay employee tips with Tip Payouts Build happier teams and save manager time with easy, direct payments to employees’ debit card accounts.

Training 78

Training Demo Information Communication 78

Modern Restaurant Management

FEBRUARY 18, 2020

In my fiscal and strategic view, restaurant groupings of multiple locations and offerings using one accounting, HR, and legal system will continue to disrupt the industry, AND those single-location restaurant business models struggling to eke out a living. Chatbots , another form of AI, are starting to make strides in customer service.

Marketing 215

Marketing Catering Customer Service Front of House 215

Modern Restaurant Management

DECEMBER 16, 2019

November and December purchases typically account for upwards of 50 percent of annual gift cards sales. While gift cards account for 6.3 Verbal skills, customer service and multi-tasking are the top 3 skills needed to work in the events industry. "The The Role of an Event Professional. percent at hotels.

Events 128

Events Pricing Marketing Cost Reduction 128