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Plusgrade expands capabilities with Oaky deal
Yahoo Finance· 2025-10-07 09:28
Core Insights - Plusgrade has acquired Oaky, a Netherlands-based upselling platform, to enhance its offerings in the ancillary revenue sector [1][2] - The integration aims to create a unified platform that supports hotels in generating additional revenue through various guest journey stages [1][3] Company Overview - Plusgrade is a global leader in ancillary revenue solutions, while Oaky has been recognized as the Best Upselling Software for five consecutive years [2] - The acquisition combines the strengths of both companies, including their products, customer bases, and teams [2] Strategic Goals - The unified platform will provide hotels with tools for pre-arrival offers and on-site upgrades, enhancing guest experiences and revenue potential [1][3] - Erik Tengen, co-founder of Oaky, will assume the role of president, hospitality upsell at Plusgrade, indicating a commitment to innovation and revenue generation [3] Advisory and Legal Support - Oaky's shareholders were advised by Stifel as the exclusive financial advisor, while Plusgrade received legal counsel from Davies Ward Phillips & Vineberg and Stibbe [4]
1.8万亿“i人经济”崛起,改写消费规则,抓住这几点做社恐经济
Sou Hu Cai Jing· 2025-10-04 07:35
Core Insights - The rise of the "i-person economy" signifies a shift in consumer behavior from traditional mass services to individualized experiences, with the market for solo dining in China expected to exceed 1.8 trillion by 2025 [1][22] Group 1: Market Trends - The demand for solo dining, previously seen as a personal issue, has led to the emergence of new business models such as unmanned restaurants and self-service pet washing shops [1] - The "de-awkwardization" of consumer scenarios is evident, as traditional interactions in restaurants and stores often create discomfort for solo consumers [3][8] - Unmanned business models are not merely about removing staff but involve technological innovations that restructure the consumer experience [10] Group 2: Technological Innovations - Unmanned supermarkets utilize RFID tags, image recognition, and weight sensors for automatic product identification and checkout, allowing for 24-hour operations [10] - Self-service pet washing shops employ smart billing systems based on pet weight and service duration, enhancing transparency and user control [14] - Unmanned study rooms offer flexible pricing through a time-sharing rental system, catering to various consumer needs [13] Group 3: Challenges and Solutions - The unmanned sector faces challenges such as technology error rates, service balance, and limited demographic coverage, particularly for those unfamiliar with smartphones [15][17] - Solutions are being explored, including AI algorithms to improve product recognition accuracy and a "light manpower" model in self-service clothing stores to maintain cleanliness [17] Group 4: Consumer Experience - The evolution of the "i-person economy" reflects a broader upgrade in consumer market philosophy, emphasizing respect for individual needs over standardized services [19][20] - Brands that successfully balance efficiency, experience, and respect for individual preferences are likely to thrive in this emerging market [23]
X @Forbes
Forbes· 2025-10-02 17:58
Former teenaged coding entrepreneur John Andrew Entwistle is trying to redefine hospitality with his AI-powered luxury rental business. (Photo: Wander)https://t.co/LRZucYc74m https://t.co/v15utU4PMS ...
STR Weekly Insights: 14-20 September 2025
Hospitality Net· 2025-09-30 14:09
Core Insights - U.S. RevPAR has declined for the week ending 20 September, falling by 1.4%, primarily driven by a drop in occupancy rates [1][2][4] - The decline in occupancy has persisted for 118 days since May, with average daily rate (ADR) also experiencing a slight decrease of 0.3% [2][4][34] - The Top 25 Markets contributed significantly to the overall RevPAR decrease, with a collective drop of 2.8% [7][8] U.S. Market Performance - RevPAR has fallen year-over-year in 16 of the 20 days processed for September, with occupancy being the main factor [4][34] - Houston and New Orleans were notable contributors to the decline in the Top 25 Markets, with New Orleans experiencing a weekend drop of 41.5% [7][8] - Weekend RevPAR in the Top 25 Markets has decreased for four consecutive weeks, with the latest drop being the largest [9] Global Market Trends - Global RevPAR, excluding the U.S., increased by 5.6%, driven mainly by occupancy growth [25][27] - China was a significant factor in the slowdown of global ADR growth, with a 13.1% increase in RevPAR despite lower ADR growth [27] - Germany and France reported strong RevPAR growth due to events, with Germany's RevPAR increasing by 52.3% in Munich [29][30] Future Outlook - The short-term outlook for U.S. RevPAR appears unfavorable, with expectations of continued challenges due to upcoming Jewish observances and difficult comparisons to last year's Hurricane Helene [34] - September's month-to-date RevPAR shows a 0.8% gain, but is expected to end negatively on a day-matched basis, down 1.3% [34]
当答案失灵,CEO的集体AI焦虑还有解吗?
Sou Hu Cai Jing· 2025-09-29 13:50
Core Insights - In the AI era, Chinese entrepreneurs are experiencing unprecedented anxiety, with 75% of decision-makers fearing missed opportunities more than the costs of trial and error [2] - A significant 62.5% of companies are facing "organizational downsizing," indicating a cognitive gap between strategic decision-making and execution [2] - The transformation from traditional strategic barriers to a focus on building ecological networks is essential for survival in the AI landscape [2] Strategic Reconstruction - The core strategic shift is from building "moats" to weaving "ecological networks" as industry barriers dissolve under AI pressure [2] - Companies must continuously self-disrupt to enhance their capabilities and competitiveness in the AI era [4][6] Organizational Restructuring - AI is reshaping job definitions, making organizational change a necessity rather than an option, with a 30% salary premium for AI-skilled positions [7] - Traditional hierarchical structures are collapsing, necessitating a shift to a more adaptive and collaborative organizational model [7][8] - The focus is shifting from filling positions to reconstructing capabilities, reflecting a significant change in the labor market [8] Leadership Transformation - CEOs must undergo a self-revolution, transitioning from providers of certainty to facilitators of learning and adaptability [10] - Effective leadership in the AI era requires building resilient organizations capable of withstanding uncertainty [12] AI-native Business Evolution - The future of business lies in expanding boundaries through AI-native innovations rather than merely optimizing existing processes [13] - Companies must embrace a dual approach of technical idealism and practical commercialism to thrive in the AI landscape [18] Conclusion - Strategic openness, organizational evolution, and cognitive iteration are critical for companies to navigate the AI revolution successfully [19] - The urgency for action is emphasized, with leaders recognizing the need to transform anxiety into concrete steps for change [19]
Deadline Alert: RCI Hospitality Holdings, Inc. (RICK) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-09-26 16:35
Group 1 - The article highlights the upcoming deadline of November 20, 2025, for investors to file a lead plaintiff motion in a class action lawsuit concerning RCI Hospitality Holdings, Inc. [1] - The class action is on behalf of investors who purchased or acquired RCI securities between December 15, 2021, and September 16, 2025, inclusive [1] - The notice serves as a reminder for investors who suffered losses on their RCI investments to inquire about potentially pursuing the case [1]
X @Forbes
Forbes· 2025-09-26 14:16
Drew Nieporent opened his first New York restaurant at 29. Now with the release of his new memoir, the 70-year-old hospitality mogul reflects on partnering with Robert DeNiro, astronomical dinner prices and the key to opening a successful restaurant. (Photo: Gary Gershoff via WireImage) https://t.co/LYUgUNHHEb ...
Green Rain Energy Holdings (OTCID:$GREH) Announces New EV Sites With Driftwood Hospitality
Accessnewswire· 2025-09-26 12:15
Group 1 - Green Rain Energy Holdings announces the deployment of next-generation EV charging stations [1] - The charging stations will be installed at Marriott Albany and Saratoga Springs Hilton [1] - Both hotels are operated by Driftwood Hospitality Management [1]
MedX Holdings Secures Five Franchise Deals — Multi-State Growth and Vegas Flagship Set to Drive Revenue Surge
Globenewswire· 2025-09-24 15:44
Core Insights - MedX Holdings is expanding its franchise operations with five new locations, including two in Texas and three in Maryland, alongside a flagship store in Las Vegas [1][2][3] Franchise Expansion - The new franchise locations include Houston and San Marcos in Texas, with projected openings in Q1 2026, and a signed development agreement for three locations in Maryland, marking the first multi-unit commitment in the Mid-Atlantic region [2] - The Las Vegas flagship store is set to open in early 2026, with deposits already submitted for architectural and HVAC build-out requirements [3] Strategic Positioning - CEO Hans Enriquez emphasized that the expansion is about positioning the brand at the intersection of culture, cannabis, and compliance, with the Las Vegas store serving as a statement piece for the Lazydaze brand [4] Revenue Growth Potential - The addition of these franchises is expected to generate future recurring revenue, enhancing the company's ability to scale operations across the nation [4][6] - The company anticipates surpassing its $1.5 million revenue target for FY25, driven by new store openings and market momentum in Texas and New Mexico [7] Integrated Platform Approach - MedX is building a platform that includes Lazydaze +Coffeeshop, a cannabis-native point-of-sale system (Leaf-trak), and an e-commerce engine (Smart Brand Digital) to support franchisees and corporate locations [5] Investor Appeal - The MedX model is described as capital-efficient, franchisable, and technology-enabled, targeting strategic partnerships to enhance deployment and distribution while creating long-term shareholder value [8]
X @Forbes
Forbes· 2025-09-22 03:00
The Luxury Hotel Where Your Room Comes With A Side Of Giant Tortoises https://t.co/Z3Yl75CLBz https://t.co/VA9wjRMzB8 ...