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Kempinski and NUO Hotels Launch China Roadshow to Showcase Diverse Brands and Services

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BEIJING, June 27, 2024 /PRNewswire/ — From June 24 to 27, Kempinski Hotels, Europe’s oldest luxury hotel brand, in collaboration with contemporary Chinese luxury brand NUO Hotels, hosted the 2024 Kempinski and NUO Hotels China Roadshow in Beijing and Shanghai. The event aims to showcase the group’s vast and diverse brand offering, alongside its premium services, reaffirming Kempinski and NUO’s unwavering dedication to enhancing the customer experience in China.

The roadshow attracted the participation of 28 Kempinski hotels including eight properties from outside China, and three NUO hotels. Kempinski’s Chief Commercial Officer, Amanda Elder, commented, “China plays a pivotal role in Kempinski Hotels’ global strategic blueprint, serving as a cornerstone of our expansion and investment efforts. Our unwavering commitment is to deliver comprehensive, thoughtful, and exceptional services to our Chinese guests. Additionally, our multi-brand matrix strategy is tailored to address the diverse and personalized needs of business travelers in the market. The approach not only solidifies our brand’s standing but also enhances our market competitiveness.”

As one of the first international hotel groups to enter the Chinese market, Kempinski established its presence in Beijing in 1992 with the opening of Kempinski Hotel Beijing Lufthansa Center (Now Kempinski Hotel Beijing Yansha Center). In 2001, it formed a joint venture, Key International Hotel Management. Over 32 years in China, Kempinski has deeply rooted itself in the market.

Alongside, NUO, a premium Chinese brand, has embedded local culture as its core. Each new location serves as a fresh canvas for NUO to reinterpret and express the unique Chinese culture of a particular era or region. NUO is steadfast in its commitment to diversifying its portfolio across the business, holiday, and heritage hotel segments, and is currently rounding out this offering with three hotels in Beijing.

In April 2024, Bristoria, a Kempinski brand, opened its first hotel in Yangzhou City, China. Embodying the philosophy of simplicity with depth, Bristoria emphasizes a relaxed ambiance, dedicated to offering travelers a premier, one-stop service platform tailored for business travel.

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Advertising in Digital Publications Becomes Integral to Modern B2B Marketing Strategies

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Advertising in digital publications has become indispensable in contemporary marketing strategies, bridging brands with consumers in an increasingly digital world.

A recent publication from StudioID underscores the strategic importance of digital publications in modern marketing, highlighting their role in stimulating demand, generating high-quality leads, and bolstering brand recognition and reputation within business-to-business (B2B) content distribution strategies.

Titled “B2B Content Distribution: Why Advertising in Digital Publications Is Essential,” the post explores the rapid ascension of digital publications in the global media landscape, delves into various advertising formats being employed, and outlines the manifold advantages of advertising in these platforms.

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The Rise of Digital Publications

Digital publications are swiftly gaining ground. Statista forecasts the global market for digital newspapers and magazines to reach $40.23 billion in revenue by 2024, with an anticipated annual growth rate of 2.06% through 2029, culminating in $44.54 billion. By 2029, global penetration is expected to rise from 17.7% in 2024 to 20.4%.

Driving this shift from print to digital are factors such as widespread internet accessibility, technological advancements, and evolving reader preferences favoring online content consumption. Recent research across 48 markets by YouGov underscores this transition, revealing that 47% of consumers globally rely on social networks for news, while 38% prefer news apps, and 35% visit newspaper websites.

Mechanics of Advertising in Digital Publications

The surge in digital publications has paralleled an uptick in advertising within these platforms. This involves collaborative efforts between brands and publishers to craft campaigns tailored to the publication’s audience. These ads often serve informational purposes, establishing the brand’s authority and building trust over time.

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For instance, fintech companies like Revolut, PayPal, and Robinhood may leverage sponsored content in publications like Business Insider, TechCrunch, or Forbes to reach tech-savvy audiences and financial decision-makers.

This approach blends the benefits of paid channel advertising with the informative nature of organic content marketing, driving demand generation for new leads while bolstering brand recognition and reputation.

Aside from sponsored content, digital publications offer a variety of ad formats, including display ads (like banners and pop-ups), video ads (short clips before, during, or after video content), interstitial ads (full-screen ads on apps or websites), and rich media ads (interactive ads with video, audio, or other engaging elements).

Benefits of Advertising in Digital Publications

Advertising in digital publications offers numerous advantages. Firstly, it provides brands exposure to potential customers beyond traditional advertising networks, with tailored approaches resonating well with niche audiences.

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Secondly, digital publications capture audiences in a receptive mindset. Visitors actively seek information, positioning ads to engage them during pivotal decision-making moments, thereby enhancing lead quality and conversion rates.

Moreover, advertising in digital publications facilitates broad campaign reach across multiple stakeholders within organizations, fostering opportunities for multi-threaded engagement.

Lastly, digital publications are trusted sources of reliable information. Associating brands with such credible platforms establishes immediate trust with the audience, enhancing brand credibility and engagement. Collaborative initiatives, such as co-created webinars, further amplify these benefits.

Partnership Methods

Brands collaborate with digital publications through various strategies. Content amplification promotes events and campaigns via pay-per-click ads within specific publications, while newsletter placements leverage high open rates among subscribers for sponsored content integration.

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Sponsored articles enable brands to publish informative content alongside regular editorial, enhancing brand visibility and trust. Co-branded content, like sponsored webinars, combines industry expertise with publication promotion, driving targeted audience engagement and conversion.

Lastly, in-article callouts strategically position advertisements within popular articles, seamlessly blending with the publication’s style to maximize engagement and reach.

In essence, advertising in digital publications not only amplifies brand visibility but also establishes credibility and fosters meaningful consumer engagement in today’s digital marketing landscape.

Source: fintechnews.ch

The post Advertising in Digital Publications Becomes Integral to Modern B2B Marketing Strategies appeared first on HIPTHER Alerts.

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Lucinity’s AI Copilot Wins Innovation in Financial Crime Prevention at ICA Compliance Awards 2024

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REYKJAVIK, Iceland, July 1, 2024 /PRNewswire/ —  Lucinity has received the 2024 ICA Award for Innovation in Financial Crime Prevention, recognizing its exceptional AI innovations, including the Luci copilot. The ICA Compliance Awards celebrate excellence in compliance and financial crime prevention, and Lucinity’s Generative AI copilot, Luci, stood out for its significant impact on operational efficiency.

 

Luci, launched in 2023, transforms complex financial data into actionable insights using generative AI. It reduces case investigation times from an average of three hours to just 30 minutes, resulting in substantial cost savings. A Tier 1 bank can potentially save up to $36 million annually in training and recruitment costs and boost productivity by $100 million yearly.

Luci includes out-of-the-box skills such as case summarization, business validation, adverse media and negative news searches, money flow visualizations, transaction summaries, writing and sending requests for information (RFI), generating Suspicious Activity Reports (SARs), and address checks. These features allow compliance teams to shift their focus from manual tasks to higher-level decision-making.

To further enhance its offerings, Lucinity recently launched the Luci plugin, enabling seamless integration with any web-based application. The plugin is platform agnostic, allowing it to be incorporated into various tech stacks, including case management systems and CRMs. Financial institutions can immediately benefit from AI and automation, leading to a more efficient and consistent workforce and productivity boosts of up to 90%.

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Lucinity continues to ensure maximum security and responsible AI development through its integration with Microsoft’s OpenAI on Azure. Lucinity also recently launched the Luci Studio where users can customize their AI copilots in a no-code, drag-and-drop user interface, providing full explainability for the actions that AI takes. 

Founder and CEO of Lucinity, Guðmundur Kristjánsson, expressed his gratitude, stating, “2023 and 2024 have been transformative years for Lucinity. With seven large banks now requesting to trial Luci and widespread interest in our AI copilot, we’ve received numerous accolades and media attention. Luci is proving to be an essential tool in financial crime operations.”

This award follows several other achievements by Lucinity in 2024, such as the inclusion in the Fintech100 list, winning the Microsoft Partner of the Year Awards, and acknowledgment in Chartis Research’s FinCrime and Compliance 50 Ranking for 2024.

The full list of winners for the ICA Compliance Awards 2024 can be found here.

Contact:
Celina Pablo
[email protected] 
+354 792 4321

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Ping An Co-CEO Michael Guo at “Summer Davos”: Low Public Awareness of Financial Planning for Senior Care in China is Opportunity for Financial Services Industry

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HONG KONG and SHANGHAI, July 1, 2024 /PRNewswire/ — China’s growing senior population is bringing tremendous business opportunities to the financial services industry, says Michael Guo, Co-CEO of Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318 / 82318; SSE: 601318). The aging population has low awareness of the need to plan ahead financially for senior care, and senior care services in the China market are fragmented and lack unified standards, Mr. Guo said at Annual Meeting of the New Champions 2024 in Dalian, commonly called the “Summer Davos”.

Ping An is taking a leadership role by building an “integrated finance + health and senior care” service system to provide professional financial advisory, family doctor and senior care concierge services.

China is aging before becoming rich, Mr. Guo said. When China entered the phase of an aging society in 1999, the GDP per capita was only US$1,000. In comparison, when developed countries in Europe and the US encountered aging populations, their GDP per capita was approximately US$10,000, so they had stronger financial capacity to support senior care. Today, the challenge in China is that retirement replacement ratio is low and whilst there is lack of awareness of importance of financial planning for senior care.

Demand growing for diversified and customized wealth and health services

“As average life expectancy increases, people will attach greater importance to pensions and start planning earlier,” Mr. Guo said. “The demand for capital preservation and appreciation, with the goal of building a ‘personal pension reserve’, will become the core demand of wealth management.”

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China’s insurance industry is aware of the market opportunities in wealth management for seniors and is working on designing “finance + senior care” products, he said. However, the product types are too generic. “Fulfilling the needs of seniors cannot be done by simply adding senior care products together, but should be a comprehensive solution, which is organically combined and adjusted to meet the customized demand of the seniors at different stages of their lifecycles,” Mr. Guo said.

For example, seniors who are relatively healthy may want more social interaction, travel, hobbies and learning, to maintain physical and mental health. Seniors with chronic diseases would require appropriate disease management, and for some, disability care services.

China’s senior care and healthcare services sector is still in its early stages. Challenges include service fragmentation, the uneven quality of services, processes, costs, and lack of unified standards and service monitoring systems.

Seamless integration of financial products and senior care

Ping An offers senior care insurance solutions that integrate healthcare and senior care services. This comprehensive service solution aims to meet the different demands of senior customers in health, medication for chronic diseases, and senior care. It includes financial products that offer insurance protection, wealth appreciation, wealth inheritance, and healthcare and senior care services, such as chronic disease management, health management, medical consultations and rehabilitation, residence security, guardianship and entertainment.

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“The strength of Ping An lies in its ability to integrate providers into a comprehensive senior care service platform that can meet customers’ personalized needs,” said Mr. Guo. With a base of 234 million retail customers, Ping An understands the needs of end-customers and possesses the purchasing power to select the best service providers and set standards in the market.”

Today in China, 90% of seniors choose home-based senior care. Ping An’s home-based senior care services include Ping An Health’s online diagnostic platform, which offers 24/7 treatment and consultation services. It has consolidated extensive offline healthcare service resources, including 100% coverage of the top 100 and 3A hospitals in China, nearly 50,000 in-house and contracted doctors, about 2,400 partner senior doctors, and 230,000 partner pharmacies. Integrating more than 100 suppliers, the in-home care offers a suite of 650 services and a 24/7 home-based concierge service in 54 cities, with more than 80,000 customers eligible for these benefits.

Technological Empowerment of the Senior Care Industry

“The entire financial insurance industry can leverage its own financial data and combine it with the senior care industry to accumulate data and continue to explore the empowering and enhancing the role of data and technology,” Mr. Guo said.

Technological empowerment plays an important role in Ping An’s senior care strategy. For example, home-based senior care is supported by an artificial intelligence (AI)-driven concierge. Currently, AI has been fully implemented in 200 scenarios for online concierge customer interactions and support for human concierges. AI will offer further assistance to efficiently empower homecare workers and nurses, leading to greater efficiency and quality improvements.

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Another key aspect of technology in senior care is data application. Ping An possesses one of the world’s largest healthcare databases, including a disease database, prescription database, drug database, doctor and hospital database, and personal health database. Data is sourced from public sources, including the National Health Commission, National Healthcare Security Administration, and National Medical Products Administration. The data has already been used in scenarios such as health insurance underwriting and claims and assisting users to find information on diseases, drugs, hospitals, and doctors.

For more information, please visit www.group.pingan.com and follow us on LinkedIn – PING AN.

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