Senior executives of large luxury hotels expect the high-end, luxury hotel sector to dramatically increase its expenditure on technology and communication systems over the next three years. This is according to new global research* commissioned by world-leading communication technology company Communications Specialist Ltd.
Between now and 2026, more than half (54%) of those senior executives interviewed expect the sector’s spending to increase by between 20% and 50%, and 16% anticipate it will be higher than this.
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Expected increase in expenditure on technology and communications systems in the high-end, luxury hotel sector between now and 2026 |
Percentage of senior luxury hotel executives interviewed who anticipate this level of increase in expenditure |
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Up to 10% |
2% |
|
Between 10% and 20% |
28% |
|
Between 20% and 50% |
54% |
|
Between 50% and 75% |
8% |
|
Between 75% and 100% |
8% |
When it comes to how much the luxury hotel sector will spend on security over the next three years, the executives interviewed expect similar levels of increased expenditure. Six out of ten (60%) predict expenditure to increase by over 30% between now and 2026.
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Expected increase in expenditure on security in the high-end, luxury hotel sector between now and 2026 |
Percentage of senior luxury hotel executives interviewed who anticipate this level of increase in expenditure |
|
Up to 10% |
2% |
|
Between 10% and 20% |
16% |
|
Between 20% and 50% |
66% |
|
Between 50% and 75% |
4% |
|
Between 75% and 100% |
12% |
A key reason for a planned increased spend on communications systems and security is that only 20% of senior luxury hotel executives interviewed rate the sector’s operational efficiency levels as ‘excellent’, with 70% describing them as ‘good’ and 10% as ‘average’. By spending more in these areas, 32% expect operational efficiency levels to improve dramatically over the next three years and 56% expect a slight improvement.
Kevin Buchler, Chief Marketing Officer at Communications Specialist Ltd, said: “Technology and communications systems are at the heart of any hotel’s operations, and they play an increasingly important role in advising on implementing the right hospitality radio functionalities, ensuring that systems and operations run smoothly, and guests continue to receive the best possible service. They are also key to ensuring the highest possible standards of security.”
Communications Specialist Ltd provides sales support on radio communication systems as well as training, fitting and commissioning of equipment, systems amalgamation, on-site instruction, maintenance and the provision of spare parts internationally to many luxury hotels around the world.
Its team of radio system experts have more than 35 years’ experience and will support and help resolve complex network issues on-site or remotely.
