Travel Trends 2024: How Software Can Help You Adapt to the Rise of Extended-Stay Hospitality

The travel industry is undergoing a fascinating shift. As highlighted in a recent Forbes article by Jason Fudin, CEO of Placemakr, established hotel chains like Marriott and Hyatt are launching extended-stay options that resemble vacation rentals. This trend caters to a growing consumer demand for space, amenities, and hotel-like services . This shift presents both challenges and opportunities for travel and hospitality businesses. Travel software development services can be instrumental in helping you adapt to this evolving landscape. Here's how: Understanding Guest Preferences: Leverage data analytics software to understand guest preferences and tailor your extended-stay offerings accordingly. This might involve analyzing demographics, booking habits, and online reviews to identify desired amenities and services. Optimizing Inventory Management: Inventory management software becomes crucial when catering to short-term and extended-stay guests. You'll need software tha...