Survey Reveals Critical Need for Improved Tech Collaboration in Hospitality Industry

June 21, 2024

Hospitality Women’s Innovation Council Survey:

Only 21 percent of hotel professionals think current hotel technology is doing a good job for hotels and guests – 91 percent see better collaboration among providers as the key to meaningful improvement

More than 300 owners, managers and technologists participated in the study, Powered by Visual Matrix

Richardson, Texas, June 24, 2024 –The Hospitality Women’s Innovation Council (WIC), a working group of hotel brand executives, managers and innovators, found that only one in five hotel professionals believe the current tech stack is sufficient to help hoteliers achieve efficiencies and cost savings and take care of guests adequately. Meanwhile, 91 percent of survey respondents indicated that better collaboration among technology companies around integrations should be improved, and 86 percent said better integration processes would encourage them to invest more in technology.

The survey was conducted online between May 25 and June 15, 2024 and posed the following questions:

    • How well do you think the current hotel technology stack – PMS, CRS, RMS, housekeeping, maintenance, etc. – serves hoteliers and their guests?
    • Which technologies or solutions are most effective for improving your daily duties as a hotelier or hotel professional?
    • How well do you think different technology providers integrate/collaborate with one another?
    • How important is it that integrations are made more accessible and seamless?
    • How do you believe technology solutions should evolve within hospitality in the future?
    • If integrations were easier, how would this impact your decision to purchase or adopt new technology in the future?

Georgine Muntz, co-chair of the Hospitality Women’s Innovation Council and CEO of hospitality solutions provider Visual Matrix said, “Industry professionals have confirmed that more than any other factor, collaboration is the key to driving better business results for hoteliers – collaboration among technology providers and between the providers and the hoteliers they serve.” She concluded, “When we created the Council close to a year ago, we began with the assumption that women leaders in hospitality can help improve the ways industry professionals collaborate for common ends, and encourage better standardized integrations. Now that assumption has been fully validated. We look forward to sharing the Council’s recommendations on better integration, collaboration and advancing innovation, in the weeks ahead.”

About Hospitality Women’s Innovation Council

Powered by Visual Matrix, the Hospitality Women’s Innovation Council was formed in 2023 to help hotels identify and overcome the most stubborn challenges, particularly the need to improve collaboration across tech disciplines and between technology providers, hotel owners and managers. The group holds quarterly meetings and includes executives from hotel companies, technology developers, AHLA’s ForWard women’s initiative members, and more.

For more in-depth analysis on the survey and its findings, visit here.

To view a video of the most recent Hospitality Women’s Innovation Council meeting, visit here.

About Visual Matrix:

More than 3,000 properties in 30+ countries worldwide choose the Visual Matrix hospitality operating system to optimize hotel operations and serve guests from reservation to return stay. Our system includes a game-changing PMS and an independent mobile operating platform (MOP) for use with Visual Matrix and most other PMS systems. Our PMS offers powerful features and key integrations that are easy to use, like revenue management with automated rate/discount tiering, a fully integrated channel manager, and a mobile app for tracking performance on the go. MOP automates routine tasks and streamlines communication to keep front desk, housekeeping, and maintenance staff focused on guests. It also includes a built-in panic button as an Emergency Safety Device to help keep hotel staff from harm. For more information, visit visualmatrix.com.

Contact: Michael Frenkel for the 
Hospitality Women’s Innovation Council
michael@mfcpr.com

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