ahmed mahmoud
The Impact of ChatGPT on Hospitality Industry
Ahmed Mahmoud | February 9, 2023
By Ahmed Mahmoud AI technology was first introduced and presented at the Dartmouth conference in 1956. At that time, hotel businesses had not yet realized the importance of AI technology in hotel business and operations due to its lack of versatility and simple underdevelopment. Chat GPT is a newly launched AI chatbot that was launched in November 2022 and attracted one million users soon after its launch. Since then, it has taken the world by storm with its remarkable use. Chat GPT It stands for "Chat Generative Pre-Trained Transformer." Chat GPT has been making headlines since the day it was launched due to the tasks that it is cap...
How to Get Revenue Management Right for 2023
Ahmed Mahmoud | December 20, 2022
By Ahmed Mahmoud Recently hospitality industry has encountered the Russia-Ukraine conflict with no end in sight along with the sanctions imposed on Russia. The political and economic implications of the conflict have just started to manifest themselves and it may take us a long time to realize the actual damage cost of the conflict. It has, nonetheless, led to an increase in global oil prices and led to a disruption (shortage) in global food production and supply chains. It will lead to an increase in flight prices and the cost of travel and will delay demand recovery. The above means the global hotel industry will continue to navigate ...
What Google “Helpful Content Update” Mean for Your Hotel Revenue Management Strategy?
Ahmed Mahmoud | September 19, 2022
By Ahmed Mahmoud About one month ago and on 18 August 2022, Google announced on their blog a new update in their indexing policy. It’s called Helpful Content, and it significantly changes how Google bots look at websites, blog posts, and other texts that you publish. So, what’s new? In general Google Search is always working to better connect people to helpful information. To this end, Google is launching what they're calling the “helpful content update” that's part of a broader effort to ensure people see more original, helpful content written by people, for people, in search results. Not that long ago, many SEO speciali...
Hotel Revenue Management Best Practice, Shifting From Revenue Management to Profit Management
Ahmed Mahmoud | August 11, 2022
By Ahmed Mahmoud Good revenue management defines a property's bottom line. ... A profit management strategy determines a property's net revenue, Revenue management in hotels is a practice that has evolved significantly in its relatively short history, demonstrated great success using inventory, capacity and pricing to ‘manage’ revenue and probability, although hotel revenue management doesn’t evolve fast, strategies aimed at improving it develop in tandem with modern business and technological trends. What is the Revenue and Profit Management Role? Revenue management revolves around measurement of what customers from different ...
What Hospitality Statistics Mean to Your Hotel Business?
Ahmed Mahmoud | January 31, 2022
By Ahmed Mahmoud The hotel industry is subdivision of the hospitality industry that specializes in providing customers with lodging services. There are a variety of hotel types that typically can be categorized by size, function, service, and cost. Levels of service can usually be split into three options: limited-service, mid-range service, and full-service. However, some consumers may be more familiar with the star rating system, with one being the lowest rating and five being the highest. When it comes to function some of the categories include business, casino, spa, extended stay, bed & breakfast, and more. In recent years, more an...
How to Get Revenue Management Right for 2022
Ahmed Mahmoud | December 16, 2021
By Ahmed Mahmoud As vaccination programs continue to find success against Covid-19, lockdown policies are easing, and hotels are reopening. Tentative steps are being made toward the resumption of international travel – there is now significant domestic leisure travel taking place in a number of countries. With consumers starting to make travel plans, hoteliers should begin preparing their strategy for reopening and a wider recovery. Like most hotel departments, revenue management changed dramatically in light of the last two years’ unprecedented challenges. Established processes were flipped upside down as demand dried up and histor...
How to Get Revenue Management Right for 2021
Ahmed Mahmoud | January 14, 2021
By Ahmed Mahmoud Here we are again with our yearly opinion article about how to get revenue management right for 2021. The last few months with the COVID-19 crisis made a clean sweep of the past decades of hotel revenue strategies. As of today, almost all of the experience acquired during these years has become nothing more than castles in the air. While it can be frustrating to dismiss such hard-earned and valuable insights, it can also be invigorating to start anew. By elaborating the right strategy, you can reopen your hotel on the rock-solid ground and differentiate yourself from the competition. While doing so, it is paramount to stay...
Why Now Is the Time for Hoteliers to Leverage Channel Manager?
Ahmed Mahmoud | January 23, 2020
By Ahmed Mahmoud Choosing the correct hotel Channel Manager is always a critical decision for hotels. There are many factors can be taken into consideration when you decide which channel manager to select for your hotel, it could be your hotel size, cost, time-saving, ……..etc. If you do not have the right channel manager that distributes your rooms in an organized way, you run the risk of double booking your rooms - resulting in unhappy customers, lost revenue, and even more wasted time trying to rectify the situation. In looking for the right channel manager for your hotel, hoteliers may start to ask themselves the below: ››...
1
Technology
2
Appointments/People on the Move
3
Operations
4
Industry Happenings
5
All Things Independent
Today's News
Accor Partners With Allenort Group for New Mövenpick Hotel in the Heart of Gdynia
Hilton Expands in Türkiye With More Than 1600 Rooms Planned Under Five of Its Brands
Four Points by Sheraton Kuala Lumpur, City Centre Debuts in Malaysia With 513 Guestrooms
The Bellmoor Inn and Spa Appoints Brittany Wartman as New Spa Director
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.