News Briefs
Krystal Launches New Franchise Website
QSR Krystal recently launched a new franchise website to further attract partners and continue their aggressive growth plans.
The site was developed by Hot Dish, a full-service, Franfocused and BrandFocused ad agency. The new site was built to support a lead conversion strategy and a speed to market approach.
"Krystal has a goal of reaching 500 units in the next few years and our franchise partners play a vital role in this endeavor. We're continually developing ways to better support our partners and to ensure our shared growth and success," said Casey Terrell, Chief Marketing Officer for Krystal Restaurants LLC. "With its more than 90-year history, Krystal has stood the test of time and is a proven concept that offers partners a winning business model. In addition to our legacy that is backed by our unique and highly craveable menu, we offer partners flexible store designs that fit their markets and extensive support from onboarding to opening and beyond to help them achieve their goals."
The new franchise website comes on the heels of recent franchise deals that Krystal has inked with popular celebrities in music, media, and sports, as well as a notable multi-unit deal with seasoned restaurant professional Argus Wiley and his Red Door Foods. The Wiley deal includes the purchase of 21 existing Krystal restaurants and a development deal for 15 new locations. Krystal also recently expanded internationally with the opening of their first Puerto Rico location.
Krystal also recently opened a new U.S. prototype designed with off-prem in mind and has been posting breaking record sales.
Selfbook Releases Station: Comprehensive Hub for Hotel Booking & Payment Orchestration
Selfbook, a Tiger Global and Amex Ventures backed technology company that is modernizing hotel payments and bookings, announced its latest flagship product, Station. Station is a hospitality-focused platform harnessing financial technology to give hoteliers more control over their revenue, this product exists at the heart of Selfbook’s ecosystem. Station works in harmony with Selfbook’s Direct booking layer and newly released Express secure payment enablement to facilitate the hospitality journey as a whole, from the guest’s room selection to on-demand payouts for hotels.
Station is the arrivals hub for all facets of hotel bookings management and payment processing. This intuitive dashboard is the hospitality industry’s first platform designed to simplify the labor-intensive and manual systems that hoteliers typically use to manage bookings and process payments. Station automatically captures and processes all booking and payment data passed through Selfbook’s Direct and Express checkout interface and payment rails to ensure all information is securely handled within one environment.
Selfbook’s central mission is to revolutionize an outdated hotel booking and payment experience for guests and hoteliers alike. Station simplifies the unwieldy and time-consuming processes that hoteliers face behind the scenes when managing bookings and payments, while Direct and Express were created to modernize the booking and payment flow for end users.
Station’s key strengths lie in its ability to automatically schedule and process payments based on custom and dynamic rate plans, improve Selfbook’s fraud prevention capabilities, send payment links to recapture failed payments, and more. Within Station’s unified digital ecosystem, hotel admins can intuitively navigate bookings and associated rates and payments, add charges, trigger refunds, and request next-day payouts, enhancing financial control and visibility, all while saving time and effort.
Express, the second new addition to Selfbook’s stable of products, which is also launching, offers a variation of the guest-facing seamless booking experience offered by Direct. Crafted for hotels with custom booking engines, Express empowers hotels with plug-and-play payment blocks, streamlining the checkout experience without changing the look and feel of a hotel’s existing system. Express supports a custom combination of the fastest-growing payment methods including digital wallets such as Apple Pay and Google Pay, global credit and debit cards, and Affirm’s ‘Buy Now, Pay Later’ to create a checkout flow suited to each hotel’s preferences.
As a unit, Selfbook’s three core products offer a wealth of features crafted to drive revenue for hotels. From the option for guests to pay for their stay upon booking rather than at the hotel, reducing the likelihood of cancellation, to flexible cancellation policies offering guests a wider variety of refund windows, Selfbook brings a guest-first approach to hospitality that directly benefits hotels.
“Hotel arrival experiences are so often interrupted by immediate requests for the guest’s credit card. Our purpose in creating Station is to ensure that all payment orchestration happens securely behind the scenes to facilitate a truly hospitable and transaction-free check-in experience for guests every time they arrive at their destination,” said Khalid Meniri, Co-Founder and CEO of Selfbook.
“If time is wasted, your organization is losing money. For those of us who manage companies that may not be affiliated with global enterprises to support payment automation needs, Station is the answer,” said Sean Murphy, Managing Director at Hotel Esencia. “The immense value of data being stored in one place to enhance analytics, the ability to extend a seamless experience for guests, and reducing the tiresome chore of using multiple platforms to process one transaction is unmatched. At Hotel Esencia, Station is paving the way for us to perform at our highest level, and we certainly couldn’t be more excited for what the future holds!”
Epson to Showcase Latest Restaurants Technology Solutions
Epson plans to showcase leading and essential hospitality technology solutions at MURTEC 2023, the multi-unit restaurant technology conference. Epson solutions, engineered for flexibility and reliability, can help restaurants run more efficiently and address many situations – line busting, self-ordering, curbside delivery, and online ordering. MURTEC will be held from March 6-8 at the Paris Las Vegas Hotel & Casino in booth #306.
“Restaurants are faced with orders coming in from multiple online and dine-in touchpoints, and there is a need for solutions that can help streamline operations,” said Mauricio Chacon, group product manager, Business Systems Division, Epson America, Inc. “Show attendees will have an opportunity to explore our latest products and come away with ideas for how to improve business efficiencies and best serve customer needs and experiences.”
Demonstrations in Epson’s booth at MURTEC include:
- Fastest POS receipt printer in the industry1 – The OmniLink® TM-T88VII offers lightning-fast print speeds and flexible connectivity between multiple devices to help merchants deliver the best customer experience in virtually every environment.
- Liner-free thermal label printers – The OmniLink TM-L100 offers our broadest media support and the versatile TM-L90II LFCfeatures fast, efficient operation to help restaurants streamline processes and improve efficiency in the way they serve customers and meet demands for digital orders, including buy-online-pickup-in-store (BOPIS) and delivery.
- Mobile POS solutions – The m-Series OmniLink TM-50II and TM-m30II-SL offer a modern compact design, engineered for versatile connectivity, performance, and reliability for hospitality environments, including kiosk usage.
- Wearable wireless receipt printers – The Mobilink™ TM-P20II, TM-P80II and TM-P80II Plus portable receipt printers offer a sleek and modern enclosure, improved rugged design and enhanced wireless connectivity, delivering operational agility by untethering operators from a POS terminal, even taking them beyond the four walls if necessary.
- Kitchen Display System (KDS) – Ideal for quick-service restaurant (QSR) and small restaurant environments, Epson’s KDS system digitizes, routes and displays order information to support a kitchen’s workflow.
- On-demand color labeling – The compact ColorWorks® C4000 color label printer offers restaurants an easy solution for adding high-quality color to labeling to improve branding of in-house produced items, print color coupons and reduce delivery errors with color coding.
- Back Office Printing: Epson’s business printers, engineered with PrecisionCore Heat Free® inkjet technology, are ideal for everyday store printing needs. Two compact Supertank business models – the WorkForce® ST-M1000 monochrome printer and WorkForce ST-C4100 color MFP – are designed for reliability and include up to 2 years of ink in the box.2,3
Epson’s high-quality and innovative technology solutions enable today’s restaurateurs to streamline processes and operations for increased efficiency and enhanced customer experiences. For additional information about Epson’s hospitality solutions, visit www.epson.com/poshospitality.
Guestcentric Launches HyperCommerce for Hotels
On March 2, 2023, Guestcentric will launch HyperCommerce - a comprehensive solution that addresses all hotel ecommerce and distribution needs and empowers hotels to generate business and grow direct revenue.
After researching how hotel clients were engaging with Guestcentric’s Hotel CRS, the company started building HyperCommerce in Q4 of 2022, launching it at the start of 2023. HyperCommerce is based on four main pillars to help hotel operations and business performance:
- Maximize profit
- Boost performance in direct bookings
- Personalize interactions with guests
- Spread the brand to other guest communication channels
Guestcentric’s HyperCommerce platform allows hotels to offer tailored experiences,to advance to attribute-based pricing and generate ancillary revenue streams. It responds to the need to be present everywhere and adapts to new channels that are used for search and booking, such as social media and conversational interfaces.
The comprehensive solution offers hyper-personalization - delivering clear distinctions between local and international guests. It is also designed to cater to the next generation of travelers - with shorter attention spans. HyperCommerce also learns and provides relevant suggestions for hotel performance improvements, direct pricing strategies, as well as context-based reporting. It also integrates with hypercharged conversion mechanisms, allowing hotels to enter the direct consumer travel funnel earlier, and reduce selling on mass distributors.
A robust and reliable solution, HyperCommerce is also operationally simple, offering turnkey integrations with digital optimization services. Its user-friendly interface enables hotels to onboard new team members faster and to perform routine tasks more quickly. It also simplifies all reservation-related problems hotels face, from handling exceptional reservations issues to generating additional demand to the hotel’s own booking engine.
In the run up to the launch, Guestcentric’s CEO, Pedro Colaco, said: “The hotel industry is on the cusp of a revolution. To stay competitive, hotels need to embrace technology and provide the best possible experience to their guests. That’s why we’ve created our HyperCommerce solution – to help ambitious hotels achieve their full potential.”
Sérgio Serra, CTO of Guestcentric added: “We want HyperCommerce to be a ubiquitous platform that empowers hoteliers to drive better online experiences for guests and convert them into direct reservations. That's what drives us every day, in every little detail of the technology we are building. That's why, for example, we don't just give data, we give actionable information that helps to measure the success of our tools and quickly address situations where the performance is not at the expected level. We are very excited with the set of functionalities we will be rolling out over the next few months. This is not just technology - It's a facilitator for online revenue growth.”
Sergio Koiffman, VP of Revenue Management for Hospitality Advance International , added: “Guestcentric’s direct booking solutions have always been visionary and disruptive for our industry. Over the years, Guestcentric has leveled the playing field for independent hotels to compete on direct.
With the launch of HyperCommerce, Guestcentric brings hotels to a new era of business growth. Guestcentric’s HyperCommerce is easily the most integrated, user-friendly and conversion-driven solution on the market today. It empowers us hoteliers to perform a diverse array of commercial activities quickly and cost-effectively. We also appreciate the great human support team - they really know us and help us solve issues quickly. All in all, HyperCommerce is a great solution for independent hotels and hotel chains like ours, with complex reservations needs and constantly changing client demands. ”
HyperCommerce will be made publicly available on April 2, 2023. To find out more about the solution, click here.
Survey Finds 73% of Hospitality IT Decision Makers Say AI/ML Leads their IT/Business Strategy
Artificial Intelligence has been around for decades but it is suddenly the most discussed, most important, common denominator technology on the planet due to newfound scale, speed and mass accessibility.
A majority 73% of travel/hospitality IT decision makers said artificial intelligence/machine learning leads their IT/business strategy (vs. cybersecurity at 64% and cloud at 58%), a February 2023 Rackspace Technology survey revealed. Two years ago, cloud, IoT, robotics and blockchain were said to be more important.
AI Use is Accelerating Among Hospitality/Travel Professionals
Thirty-seven percent of hospitality/travel IT decision makers said they began using AI/ML a year ago vs. 13% two years ago, 13% three years ago, 9% four years ago and 10% five years ago. Most (63%) of them are using AI/ML for data analysis followed by 55% using it for product lifestyle management and 51% as a driver of innovation. Intelligent search, document processing and customer engagement are growing fastest among their AI/ML initiatives. A majority (67%) said they plan to use it to improve speed and efficiency, predict business performance (59%) and reduce risk (46%) in the future.
The Question of Trust in AI
The amount of data is said to double every two years emphasizing the need for AI but how much do hospitality/travel IT professionals trust what it finds?
- Over a third (37%) said they slightly trust AI/ML results with 30% strongly trusting the results.
- About as many (37%) slightly vs. 31% strongly think there are enough checks and balances in place to avoid the negative consequences of AI/ML.
- 34% strongly vs. 32% slightly think there is sufficient governance in place to safeguard against any misuse of AI/ML.
Over half (54%) of travel/hospitality IT decision-makers said they encountered pushback or scrutiny about the penetration of AI/ML in their organization.
AI Benefits Are Already Huge with Room to Grow
So far, 36% of hospitality/travel professionals said they have realized substantial benefits from AI/ML already with another 38% saying they’ve seen modest benefits and 26% said it’s too early to tell. Travel/hospitality IT professionals listed those benefits as follows:
- 74% increased understanding of business and customers
- 73% increased revenue streams, personalized marketing
- 72% risk reduction
- 71% ability to hire/recruit new talent, reduced cost of new product development
- 70% increased innovation, operation cost reduction
- 69% improved customer satisfaction, increased sales
- 67% increased productivity
- 65% faster time to profitability
Finding AI Talent is a Challenge
A shortage of skilled talent was cited by 75% of skilled talent as the greatest challenge in their AI/ML adoption so far, followed by 64% citing algorithm/model failure and 51% who lack the technology infrastructure to support AI/ML. 86% of travel/hospitality professionals said they’ve grown their AI/ML workforce in the past 12 months with 57% saying the implementation of AI/ML has resulted in a reduction of their workforce.
“As AI and machine learning mature and projects mature, we are seeing it expand out across the organization and become more ubiquitous, advancing in its importance, visibility, and usage,” said Jeff DeVerter, Chief Technology Evangelist, Rackspace Technology. “The fact that more respondents began their AI/ML journey within the past year is striking, and points to the fact that these technologies are seen as they key to driving efficiencies in uncertain economic times. At the same time, the research makes clear that many organizations are still struggling to understand or realize the technologies’ full benefits of AI/ML, and many face internal resistance to adoption.”
“Organizations that are struggling with AI/ML also tend to be organizations that have immature data cultures, low levels of data literacy and poor data governance structures, because any AI/ML project is only as good as the data being used,” added Ben Blanquera, VP, Evangelist, and Senior Architect, Rackspace Technology. “For more projects to be successful and for organizations to derive long-term value, there needs to be a focus on data quality. For some companies, this may mean rethinking their entire data governance approach.”
“Moving into an uncertain economic climate, IT and Business leaders are using AI/ML to improve business operations with low innovation,” said Nirmal Ranganathan, Chief Architect, Data & AI, Rackspace Technology. “We see customers use AI/ML to build intelligent search capabilities to improve employee efficiencies, reduce manual processes through the adoption of intelligent document processing and improve customer experience through customer engagement solutions. Innovation through AI/ML is rocket fueling the consumer space with mainstream adoption of Generative AI technologies.”
Survey Methodology
The survey was completed by Coleman Parkes Research in February 2023. Findings are based on the responses of 1,420 IT decision-makers across manufacturing/logistics, retail, hospitality/travel, energy, healthcare/pharma/biomedical, government, media/entertainment and financial service sectors in the Americas, Europe, Asia and the Middle East. Most of the companies/organizations polled have from 1,000 to 9,999 employees and an annual revenue between $50m and $1b.
Chichester Park Hotel Checks in to the Cloud with Infor
Infor announced that Chichester Park Hotel has deployed Infor Hospitality Management Solution (HMS) and Infor Sales & Catering (SCS), a fully integrated, event-management software solution. The new cloud systems have streamlined and amalgamated key processes, laying the foundations for continued business growth.
The 86-room hotel in the heart of historic Chichester, England, was looking for a new solution to replace its incumbent system that was unable to keep pace with the demands of the growing business. Following a thorough assessment of the market and a six-way competitive pitch, Chichester Park Hotel chose the two solutions from Infor.
In particular, Chichester Park liked the ease-of-use of the solutions and their ability to not only integrate seamlessly with each other, but with other solutions and technologies, too. Infor HMS and SCS are already delivering benefits for the business, securing valuable efficiency savings and providing more insightful and accessible data than with the previous solutions. Infor SCS is helping to facilitate a frictionless guest experience, automating the entire booking process with an intuitive workflow at every stage of the customer journey. System integration furnishes the team with comprehensive business visibility at any moment in time.
“Put simply, the systems work for us,” comments Kam Sanmukhani, Chichester Park operations manager. “The seamless integration of our core business processes has led to a more streamlined and efficient experience for both staff and guests. For example, when it comes to advanced deposit postings, we can now automatically charge cards in a couple of clicks, a process that used to take 90 minutes to do manually. The reporting functionality is excellent, too, enabling us to filter the data in a multitude of ways to reveal valuable business insights.”
“Infor SCS gives us the ability to automate the entire booking process, from initial enquiry through to the final invoice. In combination with the functionality of Infor HMS, Infor SCS puts the scalable foundations in place to ensure sustainable and profitable business growth, helping us to deliver exceptional customer service whilst maximising revenues,” Sanmukhani added.
“Infor HMS and SCS are built to meet the exacting demands of the hotel industry,” comments Paul Griffiths, Infor hospitality business development management for UK and Ireland. “As the team at Chichester Park has recognised, our flexible and scalable solutions deliver quantifiable business benefits, automating core processes to deliver that all-important quality experience for guests and staff alike. The efficiencies and valuable insights that our solutions deliver continue to make them the ideal choice for hotel businesses keen to pursue ambitious growth strategies, boosting customer satisfaction as well as profitability.”