Phunware's guide reveals essential insights on mobile app engagement preferences among resort guests, highlighting key expectations and actionable recommendations.
Quiver AI Summary
Phunware, Inc. has released "The Essential Guide to Resort Guest Digital Experience," based on a survey of 780 U.S. travelers, to uncover key factors influencing guest preferences for mobile app engagement at resorts. The guide reveals that guests increasingly expect seamless and personalized digital interactions throughout their stays, with 77% prioritizing personal data protection and 82% stating that mobile app usage enhances their overall experience. Key findings highlight the importance of mobile app features such as ease of booking and real-time updates on services, indicating that resorts can significantly improve guest satisfaction by prioritizing digital services. Phunware emphasizes the potential for brands to meet these expectations and foster positive guest experiences through advanced mobile technologies.
Potential Positives
- Phunware demonstrates its expertise and leadership in mobile app solutions for the hospitality industry by releasing a guide based on a comprehensive survey of 780 U.S. travelers, signaling its commitment to understanding and enhancing resort guest experiences.
- The survey findings indicate a strong demand for mobile app engagement among guests, with 82% stating that it could improve their overall experience, which positions Phunware's offerings as vital for resort operators looking to enhance customer satisfaction.
- The release outlines actionable recommendations for resort operators, showcasing Phunware's value proposition as a partner in the hospitality sector aiming to leverage digital solutions for improved guest interactions.
- Phunware's focus on personalized and secure digital experiences aligns with current market trends, suggesting the company is well-positioned to capitalize on the growing importance of mobile technology in the hospitality industry.
Potential Negatives
- The press release heavily emphasizes the need for high personal data protection among guests, indicating potential security vulnerabilities in the current offerings that could lead to distrust.
- The inclusion of forward-looking statements suggests a reliance on uncertain future developments, which could be seen as an admission of existing challenges in achieving desired outcomes.
- The survey results imply a significant expectation from guests for digital features that may not currently be adequately addressed by the company, presenting a gap between customer expectations and the company's current offerings.
FAQ
What is The Essential Guide to Resort Guest Digital Experience?
The Essential Guide to Resort Guest Digital Experience is a report by Phunware that analyzes guest expectations and preferences for mobile app engagement at resorts.
What were the key survey findings regarding mobile app engagement?
The survey found that 82% of guests believe mobile apps improve their experience, while 77% prioritize high personal data protection.
How does mobile app engagement impact guest perceptions?
65% of guests feel that mobile app engagement enhances their view of a resort's commitment to guest experiences.
Why is mobile app convenience important for resort guests?
Convenience in mobile app booking drives guest decision-making, with 64% rating ease of booking as a top factor for using resort services.
What opportunities do the findings create for resort operators?
The findings indicate that resorts can enhance guest experiences and build positive impressions by addressing digital preferences through effective mobile app interactions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PHUN Insider Trading Activity
$PHUN insiders have traded $PHUN stock on the open market 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $PHUN stock by insiders over the last 6 months:
- MICHAEL SNAVELY (Chief Executive Officer) has traded it 4 times. They made 2 purchases, buying 5,000 shares and 2 sales, selling 12,000 shares.
- TROY LEE REISNER (Chief Financial Officer) purchased 2,500 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PHUN Hedge Fund Activity
We have seen 12 institutional investors add shares of $PHUN stock to their portfolio, and 18 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- OMERS ADMINISTRATION CORP removed 140,700 shares (-100.0%) from their portfolio in Q2 2024
- SCHONFELD STRATEGIC ADVISORS LLC removed 38,000 shares (-100.0%) from their portfolio in Q2 2024
- Y-INTERCEPT (HONG KONG) LTD removed 33,222 shares (-100.0%) from their portfolio in Q2 2024
- GEODE CAPITAL MANAGEMENT, LLC added 30,507 shares (+36.6%) to their portfolio in Q3 2024
- JANE STREET GROUP, LLC removed 18,473 shares (-100.0%) from their portfolio in Q3 2024
- VIRTU FINANCIAL LLC removed 10,196 shares (-100.0%) from their portfolio in Q2 2024
- MURCHINSON LTD. removed 10,000 shares (-100.0%) from their portfolio in Q2 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Survey Discovers Key Factors that Influence Guest Interactions and Preferences for Mobile App Engagement with Actionable Recommendations for Resort Operators
AUSTIN, Texas, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, released The Essential Guide to Resort Guest Digital Experience .
The guide is based on a survey, conducted by Phunware, of 780 U.S. travelers from August to September 2024 to better understand resort guest expectations, behaviors and preferences using mobile apps while traveling.
“As digital technology levels the boundaries between physical and digital experiences, resort guests increasingly seek seamless, intuitive, and personalized interactions throughout their stay,” said Jeremy Kidd, General Manager, Phunware Software. “In today’s competitive hospitality industry, understanding resort guest values, preferences, and motivations regarding digital services has become crucial to delivering exceptional resort experiences.”
The Phunware guide explores the boundaries between physical and digital experiences and guest expectations of interactions at resorts. The survey findings suggest that, from mobile check-ins and digital room keys to personalized recommendations and instant service requests, resort guests now expect the same high level of convenience and efficiency of mobile and related digital services that they do in other aspects of their daily lives.
The following are some of the key findings of the survey:
- 77% of guests expected high personal data protection.
- 83% of guests indicated that they were likely to provide feedback using a mobile app after participating in a resort activity or service.
- 65% of guests said mobile app engagement enhances their views of the ‘resort’s commitment to the guest experience.’
- 82% of guests indicated that using a resort’s mobile app would ‘improve their overall experience.’
- 95% of guests supported the notion that resorts should offer ‘real-time updates on activity and service availability.’
- Guests rated ‘ease of booking’ and ‘booking convenience’ as top drivers, 64% and 56%, respectively, in their decision-making to utilize ancillary resort services.
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74% of guests indicated that they would likely use a retailer's app when shopping, underscoring the importance of mobile engagement in hospitality.
Phunware believes these findings are indicative of significant opportunities for brands to address hospitality guest digital preferences and build positive impressions with those guests through mobile app interactions, regardless of their prior digital engagements.
Methodology Note: the guide is based on a Phunware survey of a representative sample of 780 U.S. travelers with data collection from August to September 2024.
The full guide can be found here .
About Phunware
Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions with integrated intelligent capabilities. We provide businesses with the tools to create, implement, and manage custom mobile applications, analytics, digital advertising, and location-based services. Phunware is transforming mobile engagement by delivering scalable, personalized, and data-driven mobile app experiences.
Phunware’s mission is to achieve unparalleled connectivity and monetization through the widespread adoption of Phunware mobile technologies, leveraging brands, consumers, partners, digital asset holders, and market participants. Phunware is poised to expand its software products and services audience through its new Generative AI platform, utilize and monetize its patents and other intellectual property, and reintroduce its digital asset ecosystem for existing holders and new market participants.
For more information on Phunware, please visit www.phunware.com . To better understand and leverage generative AI and Phunware’s mobile app technologies, visit ai.phunware.com
Safe Harbor / Forward-Looking Statements
This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” and similar expressions are intended to identify forward-looking statements. For example, Phunware is using forward-looking statements when it discusses the adoption and impact of emerging technologies and their use across mobile engagement platforms.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. These forward-looking statements involve risks, uncertainties, and other assumptions that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC. We undertake no obligation to update any forward-looking statements.
By their nature, forward-looking statements involve risks and uncertainties. We caution you that forward-looking statements are not guarantees of future performance and that our actual results may differ materially from those expressed or implied by these forward-looking statements.
Investor Relations Contact:
Chris Tyson, Executive Vice President
MZ Group - MZ North America
949-491-8235
[email protected]
www.mzgroup.us
Phunware Media Contact:
Joe McGurk, Managing Director
917-259-6895
[email protected]