Monthly Archives: July 2017

Mid 2017 technology report

We’re more than halfway through 2017 already – how did that happen? One thing that we do know is that technology continues to be the major influencer for the hospitality industry. Here’s our mid-year report of the three major hospitality technology trends fascinating us so far, this year. 1) Actionable Data “Actionable Data” may be [...]

By |2019-02-11T19:39:57+00:00July 31st, 2017|Hospitality Industry Trends|

HITEC Toronto celebrates the cloud

SkyTouch Technology once again had the honor of being an integral part of the hotel industry’s leading technology conference, and it may have been the most exciting one yet. It’s called the Hospitality Industry Technology Exposition and Conference, commonly known as HITEC, and was the first ever edition in Toronto, Canada. The 45th annual event [...]

By |2017-07-24T16:58:44+00:00July 24th, 2017|Hospitality Industry Trends, Hospitality Conferences|

Hotels 201: Hotel ownership part 2

In our last blog, we wrote about modern hotel history, and how it plays into the ownership structure of properties today. Now, let’s chat about who owns hotels and how the financial structure of hotels works. Privately Owned There’s still myriad hotels owned by individuals or families. In fact, 60% of hotels are owned by [...]

By |2019-02-11T19:32:01+00:00July 17th, 2017|Hospitality Industry Trends|

Hotel 201 – Hotel ownership

The hotel business is significantly more complicated than people initially think. There’s layers of nuance, understanding and history that can only be understood after some time in this business. So, for our next series of articles, we’re going to demystify some of the elements of the hotel business. For this one, we’ll start with a [...]

By |2019-02-11T19:32:03+00:00July 10th, 2017|Hospitality Industry Trends|

Hotel 201 – Revenue optimization

Managing hotel revenue has become an increasingly complex endeavor as individual skills and technology constantly advance. Long gone are the days of setting rates once a year, or even setting rates seasonally. Now, it’s about constantly adjusting rates along with the ebb and flow of demand. Complicating matters, we’re entering a post revenue management world. [...]

By |2019-02-11T19:32:06+00:00July 5th, 2017|Revenue Management|