Percipient attends hybrid HOSPACE event, a live and virtual conference for hospitality professionals.
Retaining many of the features that have made HOSPACE such a success in previous years, the prestigious event took advantage of the £1.8M investment by The Royal Lancaster Hotel into a new state-of-art, virtual conferencing facility.
Broadcasting live from the studio, HOSPA CEO, Jane Pendlebury, played the perfect host to a day packed full of industry keynotes, expert insights, live panel discussions and plenty of virtual networking.
“Hospitality sits at the very core of Percipient, and together with our partners, Sage Intacct, we were proud to be a platinum sponsor for this year’s hybrid event,” Chris Stock, Managing Director, Percipient, explains.
“And whilst HOSPA has very kindly dubbed the event sponsors ‘hospitality heroes’, we don’t feel it can compare to the real heroes who have prevailed over this past year.” Chris continues. “The team at Percipient are just delighted to be in a position to support this event, to help an industry we love, and are proud to work in”.
Hospitality Finance Trends
Chris Stock, provides his thoughts on the latest hospitality finance trends, for the live and virtual, Hybrid HOSPACE 2020 event, at The Royal Lancaster Hotel, London.
Focussing on three key areas including the rise of the agile finance function, the increase in automation and system integration and finally how investment in technology has been an enabler to plan for the future.
Investing in Tech
This year has demanded agility in spades. Never has it been more important for the hospitality sector to be united and share experiences through events such as HOSPACE.
With the associated ramifications of COVID-19 dictating huge changes for the hospitality industry, many discussions focussed around practical advice on the implementation of future-proof technology that enhances the guest journey.
Those businesses who have been able to embrace digital transformation and deploy modern technology, are positioning themselves to better manage the onslaught of future changes, but justifying the need to invest in such technology was a clear sticking point for many.
Understanding the way such investments will benefit business and knowing the true value of ROI, is something many hoteliers are starting to consider. Building a business case to invest now and emerge from the pandemic with increased resilience and flexibility.
If you’d like to discuss how improvements to your back-office functions can improve the overall efficiency of your business, get in touch or call Percipient on 01606 871332.