Journal of Finance and Marketing

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Journal of Finance and Marketing 44 7897 074717

Recent Innovation Hotel Management

As a field of study hotel management involves learning of a wide range of topics concerned with management techniques that cover all aspects of managing a hotel business including hotel administration, housekeeping, marketing, maintenance, accounts, food management, catering, and beverage management. Innovation in the hotel industry is important because it has the capability to transform the industry positively. Over the past few years, inventions in the hospitality industry have developed at a vigorous pace. Even though most service providers and hospitality-related services are doing their best to keep up with these hasty changes, new technology has helped the industry to rise. Artificial intelligence is coming as an offshoot of this which by many is being considered as innovation as important as the wheel. Nowadays, there is no shortage of in-room technology that can make the guest experience enhanced. Technology has played a key role and Easy check-in is one of the things which are simple yet one of the most important innovations in the hospitality industry over the past decade. A lot of hotels are now allowing everything to be operated through apps. Workflow management tools have become important because they help to reduce instances of dropped guests.

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