klaus kohlmayr
Wherever You Go, There Is Artificial Intelligence
Klaus Kohlmayr | April 24, 2024
By Klaus Kohlmayr It’s a daily occurrence to see mentions of Artificial Intelligence (AI) throughout multiple industries, including the hotel space. And why not? AI systems can effortlessly perform tasks associated with the cognitive functions of humans, and rather than reducing jobs, AI applications seek to enhance employment opportunities. The hotel industry is one of the most promising business sectors that can leverage the power of AI. This is due to the ongoing processing of vast amounts of data to better understand the underlying demand patterns or elevate pricing strategies. AI is also a growing opportunity to improve business ...
IDeaS and RMS Cloud Enhance Technology Partnership to Further Automation of Pricing Decisions
IDeaS | April 20, 2022
Two hotel technology leaders work together to optimize revenue for all hotels Singapore—April 20, 2022—IDeaS, the world’s leading provider of revenue management software and services, and RMS Cloud, a provider of property management software and scalable technology for the hospitality industry, have today announced an enhanced partnership to maximize occupancy and increase revenue for hoteliers through an advanced technology integration that provides superior visibility into rate strategy and drives smarter decisions to achieve greater revenues. Through this partnership, IDeaS and RMS Cloud have built a two-way interface between R...
Hospitality Technology Hub, a Virtual Forum Powered by IDeaS, Launches to Support Hotel Industry
IDeaS | February 16, 2021
IDeaS’ Hospitality Technology Hub unites top industry tech vendors and advisors to empower hotel leaders’ revenue recovery and commercial growth Tweet this: The Hospitality Technology Hub, a virtual forum powered by @IDeaS_RevOpt, has launched to unite leading hotel tech vendors, advisors and hoteliers to drive revenue recovery and commercial growth. ideas.com/news LONDON—Feb. 16, 2021—IDeaS, a SAS company, the world’s leading provider of hotel revenue management software and services, announced today the launch of its Hospitality Technology Hub (https://go.rev.ideas.com/hospitality-technology-hub) leading up to and during IT...
Introducing HospitalityVIEW, The Innovation Working Group of Global Hotel Industry Executives
HospitalityVIEW | September 22, 2020
Powered by IDeaS, HospitalityVIEW convenes premiere hotel industry thought leaders to chart a path to recovery through innovation MINNEAPOLIS—Sept. 22, 2020—HospitalityVIEW™, a new working group of global hotel industry executives, was formed to deliver high-level insights into the future of hospitality innovation. Powered by IDeaS, the world’s leading provider of revenue management software and services, HospitalityVIEW (Visionary Industry Executive Working group) launched with its first virtual meeting on September 17. Alex Dichter, senior partner at McKinsey and Company, delivered opening trend remarks. Klaus Kohlmayr, chief ...
Unconstrained Voices – Staying Positive in the Face of Adversity
Klaus Kohlmayr | July 2, 2020
By Klaus Kohlmayr For everyone whose lifeblood is the hotel industry, the last few months have been heartbreaking. Of course, COVID-19 has wreaked havoc and unimaginable pain and hardship for countless people around the world, but we could never have imagined seeing the entire world stop traveling completely. I experienced this disruption firsthand while on vacation in New Zealand, having to scramble to find a safe place to “shelter” for an extended period of time, with travel restrictions and flights changing literally by the hour. Despite being trapped Down Under—mind you, I can think of far worse places to be stuck in limbo—m...
Three Ways Hoteliers Are Kicking Silos of Technology for Good (Finally)
Klaus Kohlmayr | October 26, 2018
By Klaus Kohlmayr Stop me if you've heard this before: In the age of OTAs and industry disruption, effectively managing a complex channel and distribution strategy is critical to a hotelier's bottom line. Yet archaic technology and a "this is how we've always done it" mindset are holding us back. Oh, you've heard it? Me too. For years, actually. So why are we still here? And more importantly, what are we doing to change? Because it feels like we're stuck in the same old rut. A few hoteliers seem to have figured it out. They've realized that an integrated distribution strategy, along with its intertwined relationship to sales, loyalty an...
Revenue Management of the Future Will Require a Human, a Computer and a Dog: The Role of Humans in the Future of Revenue Management
Klaus Kohlmayr | October 25, 2018
By Klaus Kohlmayr "Everything we love about civilization is a product of intelligence, so amplifying our human intelligence with artificial intelligence has the potential of helping civilization flourish like never before-as long as we manage to keep the technology beneficial." – Max Tegmark, President of the Future of Life Institute "In the organization of the future, there's a human, a computer and a dog…" – Dave Roberts, SVP Revenue Strategy and Solutions at Marriott International. In recent years, the technology adoption curve has increased steeply-the amount of data being generated is expe...
Hospitality & Technology – Innovation is Being Stifled by Lack of Leadership
Thomas Mielke | September 21, 2018
By Thomas Mielke Whenever a company is merging with or being taken over by one of its competitors — something increasingly commonplace in 2017 and 2018 (thanks largely to Accor's busy buying spree) — AETHOS is keen to point the sector's attention to the importance of senior leadership "stepping up its game" to proactively manage transition periods. The same, of course, is true for times of major industry shifts which alter the conditions and the environment businesses operate in. Sadly, it seems, ignorance is wide-spread when it comes to all that is happening in the tech space with few leaders taking decisive steps forward t...
