Innovation
An Interview with the Pioneers of 21 House of Stories - By Beatrice Odelli
21 House of Stories: Revolutionizing Hospitality by Embracing Emerging Trends and Future Challenges
21 House of Stories: Revolutionizing Hospitality by Embracing Emerging Trends and Future Challenges
Harvard Business School professor Stefan Thomke discusses how past experience and intuition can be misleading when attempting to launch an innovative new product, service, business model, or process in his case 'Booking.com' .
U.S. executives believe innovation will drive growth, yet most pioneers are based outside the U.S.; strategy, collaboration and a structured approach are keys to innovation success, says PwC
Marriott Hotels announced the opening of a new 10,000 square foot Innovation Lab located beneath the companys headquarters in Bethesda, Maryland. The Innovation Lab offers rapid prototyping with instant feedback capabilities, birds eye views from Internet-enabled cameras, and multiple avenues for customer participation.
Each year, Hospitality Technology (HT) magazine presents a select group of lodging companies with its Hotel Visionary Awards. These awards honor hotel companies for their outstanding vision and achievement in technology and service innovation.
While demand probably isn't coming roaring back in 2010 it is returning. It's time to shake off the 'battle fatigue' of 2009 and hit the 'reset' button for 2010 to take advantage of the positive opportunities that present themselves going forward.
Financial innovation is often blamed for having landed the global economy in a mess, but it has also been said that innovation will get us out of the present downturn. Still, companies can be forgiven for feeling that spending time and money thinking about the next big thing is a frivolous exercise. After all, every dollar counts these days, and CEOs and their executive teams are busy enough just getting their companies through the day-to-day demands of the recession.