Exploring Industry Insights and Sustainability

Welcome back to the Avalon Insights Newsletter, where we share key insights, trends, and opportunities for our fellow hoteliers.

In this update, we take a look back at insights shared in the THINC event, explore initiatives for supporting sustainable hospitality and celebrate new partnerships with Avalon Analytics.

As always, don't forget to subscribe to the newsletter and share this with your hospitality colleagues.

HYATT TOKYO JOINS AVALON ANALYTICS

We welcomed the luxury hotel located in Tokyo's Nishi Shinjuku, standing proudly in the heart of the thriving business, shopping, and entertainment district in the center of Tokyo, with 746 keys including a total of 17 room categories.

WHAT ARE THE SOURCE MARKET TRENDS FOR THAILAND'S ISLAND DESTINATIONS?

We share insights on which source markets are producing for Thailand's island destinations, using data taken directly from the Avalon Analytics dashboard.

View the data by clicking the post link below.

Patrick Basset, Senior Partner of Nova Asset Management shares his experience working with Avalon Analytics and how the tool has answered the needs of revenue managers, supporting hotel businesses through data-driven analytics.

EMBRACING SUSTAINABILITY IN THE HOSPITALITY INDUSTRY

We share some of our key insights from September which focus on driving sustainability in the hospitality industry, as well as some other articles which may be of value for subscribers of the Avalon Insights newsletter.

WE VISITED PHIST FOR THE SUSTAINABLE FUTURE OF HOSPITALITY

A GUIDE TO EMBRACING SUSTAINABILITY FOR HOTELS

In our guide, we looked at ways of transforming hotels for a greener future ?? From streamlining the checking process to creating a company culture, we share some simple, actionable and eco-friendly steps that hotels can take to reduce their environmental footprint.

Read the guide here: How Hotels Can Embrace Sustainability.

AVALON ANALYTICS VISITS THINC BALI

In September we travelled to Bali, Indonesia, to attend the THINC Indonesia event, which brought together hotel developers, investors and fellow hoteliers to share best practices.

We share 3 key takeaways that resonated with our team below:

1. Tech Transformation and AI’s Influence: The hospitality industry has witnessed a profound tech transformation, with AI leading the way. AI isn't meant to replace humans but empower them. It's being used to inform hotel design, boost operational efficiency, and elevate guest satisfaction. Chatbots, while not perfect, hold promise for enhancing the guest experience.
2. Sustainability is Essential: Sustainability is no longer just a buzzword; it's an integral part of the industry. Initiatives like electrifying transportation and eco-friendly practices are becoming mainstream. Bali's commitment to green tourism sets an inspiring example for the industry.
3. Continued Rise of Lifestyle Hotels: Lifestyle hotels are on the rise, driven by the preferences of millennial and Gen Z travelers. These hotels focus on unique experiences, content programming, and wellness. Soft brands are also gaining prominence, offering development flexibility and targeting niche audiences.

Once again, thank you for reading this month's edition of the Avalon Insights Newsletter. We hope you discovered some inspiration that you will be applying to your hotels' strategy to close out 2023.