RM Magazine issue 8 RM MAGAZINE issue 8 | Page 4

F E AT U R E A R T I C L E How digital transformation will help you win in guest experience W ith the constant advancement of technology combined with the modern consumer, the meaning of Guest Experience (GX) is ever- evolving. It’s also becoming very apparent the hospitality industry is falling behind on the very thing its business is centered around: guests. Despite being guest-centric, why are so many hospitality brands still using outdated legacy systems and technology that creates friction and fragmented experiences throughout the guest journey? What can the hospitality industry learn from brands in other industries that are winning on the GX front? How can your brand not only compete with the most successful brands of today, but also position itself to constantly evolve with the changing landscape? Customer Experience Becomes a Competitive Advantage or Disadvantage in the Travel Industry’s Future Digital transformation is universally changing businesses. While becoming digital is important, the biggest opportunity for digital transformation is instilling modern DNA into the vision, purpose, and culture of aspiring brands. While digital implies a technological approach to competing, its power is in building brand agility and resilience in a transforming marketplace. As trends change, so do the brands and experiences guests seek and value. Modern brands must not only keep up with changing customers and technologies, but also must explore new ways to create and deliver new and relevant value throughout the entire guest journey as it evolves. 4 Better Revenue I Better Industry I APAC I www.revenuemanagement.com.au Digital transformation goes beyond marketing, operations, and the latest tech. Modern brands are most successful when change purposely delivers meaningful, frictionless, and integrated experiences in the moments that matter to guests…in each touch point throughout the guest journey and life cycle. Those individual and collective experiences become the brand. And, this is the challenge facing hospitality brands in their quest to digitally transform. Many executives aren’t 100% plugged into evolving guest behaviors, expectations, preferences, and aspirations. Yet, decisions are being made in the name of guest experience without actually being guest-centric. That’s just one of many difficulties involved in digital transformation. Many hospitality brands, for instance, are still burdened by legacy systems and technologies, silos, inadequate customer journeys and user experience (UX) design, outdated guest perspectives, etc. For all of these challenges, these are also times for great innovation and, equally, disruption. Guest experience (GX) combined with modern technology becomes a catalyst for digital transformation and also a competitive advantage. That’s why these times represent so much promise and opportunity. Everything is open for improvement and re- imagination: not only in terms of technology, but in terms of how and with whom you work; in terms of processes and policies; and in terms of new perspectives from outside industries, which prompt you to learn, unlearn, iterate, and innovate. This is why the future of GX needs architects focused on integrating modern tech and touchpoints