Category: Hospitality Technology

Cendyn’s Pegasus CRS ranks #1 in the Central Reservations Systems category on Hotel Tech Report and won the title ‘Best Central Reservations Systems of 2023’

Hoteliers also award company second place in the People’s Choice Awards

As the world recovers from the COVID-19 pandemic, the global internet of things (IoT) market is anticipated to surpass $1 trillion in 2024 in revenue where enterprise IoT could account for over 70% of the market share. Against the backdrop, edge computing holds a promise to dramatically improve data processing for mission-critical applications and accelerate the adoption of Industry 4.0

Jack’s appointment lays the foundation for continued growth at Cendyn

2022 has been a year of mixed fortune for the hospitality industry. As we kickstart the new year and hoteliers begin to implement their 2023 roadmaps, it’s the perfect opportunity to look back on the last twelve months and reflect on some of the trends and developments that have shaped the hotel industry, and hotel revenue management in particular.

In the run-up to the conference, Twitter influencer conversations around ‘#CES2023’ started piling up and recorded an 800% growth in the last 30 days (05 December 2022 – 04 January 2023) over the previous month. Against this backdrop, metaverse, virtual reality will be the key topics at CES 2023.

With a rise in demand for personalized, accessible, and convenient experiences, smart itineraries are enabling travel planning providers to take travel experience to the next level, finds GlobalData, a data and analytics company.

Waning consumer interest in the metaverse and a push for innovation of Chinese metaverse technology are among the predictions for 2023 made by leading data and analytics company GlobalData in its latest thematic report, Tech, Media, & Telecom Predictions 2023.

Governments enacting new and updated regulations will be one of the top trends in AI for the next year, finds GlobalData. However, according to the data and analytics company, AI regulations will remain feeble without a unified global vision.

Traditionally, the holiday season has been a boom time for the hospitality industry. Prior to the pandemic, forecasting hotel demand relied heavily on historical data, with certain seasons like Christmas and New Year having typically recurrent booking patterns. This holiday season, there is much more to consider.