rePUSHTI by Qtech Software – #Phocuswright Innovation Launch 2023
November 16, 2023
rePUSHTI is AI driven hotel booking re-verification service which delivers 100% results at 20% cost.
Presenter
Paresh Parihar, Co-Founder, rePUSHTI by Qtech Software
HotStats data shows that while room revenue per available room are up by 17 percent in Europe compared to January 2020, F&B is at just 5 percent. UK hotels saw a 2.8 percentage point drop in gross operating profit margin between 2019 and 2023, and of that, 3.1 percentage points came directly from food and beverage profitability as margins fell from 30 percent to 22 percent.
The Advertising Standards Authority said it was misleading to promote £35 rooms when only a small percentage of nights had such a low rate available. In the future, a higher percentage of rooms must be available at the advertised rate.
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Ryan Haynes / Henrique Tiago de Castro / James Lemon / Charlotte Newton / Alberto Plaza / Raimund Notz / Carsten Wernet / Piergiorgio Schirru / Gérald Lampaert / Christoph Peppers / Jon Siberry / Matthew Prosser
