Newlsetter: March 2025
Welcome to our March newsletter! This month, we're diving into the fascinating intersection of AI and Revenue Management, exploring how artificial intelligence revolutionizes the way hotels optimize their earnings and streamline operations. As we embrace the season of renewal, we also discover the idea of "Spring in Paris," celebrating the beauty and culture the city offers during this enchanting time of year. Lastly, we're taking a culinary tour of the Top Street Food Restaurants in Paris, highlighting the innovative and delicious concepts that are captivating food enthusiasts.
AI is Transforming Hotel Revenue Strategies
AI-powered Revenue Management has become a pivotal force in the hospitality industry, revolutionizing how hotels optimize pricing and maximize profitability. The global AI market in hospitality is projected to grow from $0.15 billion in 2024 to $0.24 billion in 2025, reflecting a CAGR of 57%.
In 2025, 54.5% of hospitality executives plan to invest in revenue management systems, while 61.1% aim to increase their technology budgets - highlighting a strong industry shift toward digital innovation. This surge in adoption underscores the industry's recognition of AI's potential to enhance operational efficiency and revenue optimization.
Leading hotel groups are using AI-powered revenue management systems to optimize pricing and boost profitability. Accor partners with IDeaS, Marriott International uses One Yield, Hilton employs GRO, and Radisson Hotel Group leverages Duetto's GameChanger. These AI-powered RMS platforms analyze vast datasets, including market trends, historical performance, and competitor pricing, to provide real-time pricing recommendations. By automating complex data analysis, hotels can swiftly adjust rates, optimize occupancy, and enhance overall profitability including cross selling, upselling and maximizing every facility of the hotel such as restaurant, bar, spa, parking....
As AI continues to evolve, human expertise remains key in interpreting insights and making strategic decisions. In 2025, AI-powered revenue management is not just a tool but a competitive advantage, driving smarter, more agile decision-making in the hospitality industry.
The Business Research Company, 2025; HFTP, 2025
Word of the Month
Spring in Paris: Where Fashion Blooms and Hospitality Shines…
Paris Fashion Week (Spring Edition), significantly boosts hospitality. Luxury hotels, Michelin-starred restaurants, and exclusive venues experience heightened demand as designers, models, and fashion enthusiasts flock to the city. Iconic properties like The Ritz Paris and Le Meurice curate experiences, while fine dining and nightlife thrive. The synergy between haute couture and hospitality showcases fine dining establishments bustling with the fashion elite, while exclusive pop-up receptions elevate the nightlife scene. As a fashion capital, Paris transforms into a global hub of opulence, combining creativity with exceptional hospitality.
Top Picks - Parisian Street Food Restaurants
Dumbo
For burger lovers, Dumbo is a must-visit, now with four locations across Paris. Specializing in smash burgers, this spot takes a simple approach: high-quality beef, crispy caramelized edges, melted cheese, and soft buns—no unnecessary frills, just perfection. The relaxed, no-fuss ambiance makes it the perfect place to grab a bite with friends or indulge in one of Paris' most hyped burgers.
4 Locations - Pigalle, Petites-Écuries, Le Marais, Oberkampf
Ave Pizza Romana
If you love pizza but prefer it light and crispy, Ave Pizza Romana is the place to be. Their Roman-style pizzas come with a delicate crunch and are topped with fresh, flavorful ingredients that showcase the best of Italian cuisine. Whether you opt for a classic Margherita or a more inventive creation, each slice is a comforting yet refined experience.
90 Rue de la Folie Méricourt, 75011 Paris
Åke Table & Vin
Wine, small plates, and good vibes—Åke Table & Vin combines Swedish aesthetics and French conviviality in a cozy, intimate setting. Their carefully curated natural wines pair perfectly with seasonal dishes designed for sharing, making it an ideal spot for a relaxed evening filled with great food and great company.
8 Rue Marie et Louise, 75010 Paris
IMHI students and association’s members had the privilege of exploring the legendary Hôtel de Crillon, A Rosewood Hotel. Through an engaging presentation and an exclusive tour, we discovered the craftsmanship, heritage, and operational excellence that define this Parisian icon.
Have a question or comment? We are here to listen to your feedback!