When we take a look at current trends with Hospitality Net, hotels have bigger competitive challenges than each other. With technology being more prominent in society than ever, media companies, online retailers, food delivery, and lodging companies are taking direct booking business away from hotels. Many consumers are more likely to book though sites such as Trivago, Kayak, and Expedia due to competitive pricing and a streamlined payment process. Digital technology is an open door for new ways of business for many industries, including hospitality.
To read more about how digital technology is posing as a competitive challenge to the hospitality market, visit Hospitality Net here.
You can find out more about the latest trends in hospitality, and interact with companies that can transform your business at this year's The Hotel Experience, November 12-13. Register on our website here.
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