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Technology is the buzzword of the last few decades and is now a key success factor in the hospitality industry. In 2020 luxury hotels … The hospitality industry faces an inherent challenge that slows down technology adoption and innovation. WiFi and faster internet are bare necessities now. Brand management can be simpler with great use of AI and machine learning. Instead of using an electronic keycard, guests can now open their hotel room doors with their smartphones, tablets or smartwatches. Top Tech Trends in 2020 For The Hospitality Industry. The Near Future of Hospitality The current hospitality landscape presents challenges and opportunities, giving traditional hoteliers little choice but to embrace technological transformation head-on to maximize guest loyalty, grow revenue, and to support future growth. After all, service is the key to success in the hospitality industry. They are about to change dramatically, even if your guest doesn’t feel like going out for a meal and just wants to stay in, they can use the same screen to order room service, check prices or request a special massage treatment in the hotels facilities. Yes, hospitality technology is reshaping the overall hospitality industry. Technology would play a crucial role in reshaping the hospitality and the hotel industry. With the rise of the Internet and smartphones, AR rolled out its second wave comeback and is mostly related to the interactive concept. If they’re not exactly sure which service to choose from, they can always read the recommendations offered by the hotel. Typically, hotels follow the travel industry when it comes to the adoption of new technology. The “app culture” among the tech-savvy, always-on generation today makes them believe they can find the answer through an app; and if there is no app available, they’ll take the problem online, i.e. AR-powered signs can equip hotel managers as well as restaurant owners with the ability to route customers to specific locations, including pickup or check-in points, making it easy to navigate around the hotel and other areas. In this Comcast Business panel conversation, leading South Florida hospitality executives explored how technology helped businesses pivot during the pandemic, how the hospitality industry … Technology in Hospitality Industry: Prospects and Challenges Prasanna Kansakar, Arslan Munir, and Neda Shabani Abstract—The leisure and hospitality industry is one of the driving forces of the global economy. Request a free demo and see what our solutions bring you. A lot of the potential guests would not book a hotel if there are no online reviews. This is even more important for the hospitality and travel industry. But that’s just a start. Information Technology in the Hotel industry has made it easy to cover all the touchpoints for the Guest experience. That’s right; the virtual concierge does everything, it helps guests make dining reservations, ask for driving directions, check entertainment tickets, book spa appointments as well as order in-room service, housekeeping, additional towels, and whatnot. There is a reason why we have begun with AI in hospitality as one of the latest hospitality technology trends. However, technology is in an invariable state of flux and is constantly unlocking new opportunities aimed at improving customer satisfaction and boosting internal efficiency. This technology will not only benefit the guests and properties but will also significantly affect booking and reservation partnerships within the hotel chains, within the cities and around the globe. With Blockchain as a digital ledger that is incorruptible, the hospitality industry is set to benefit if incorporated properly. Hoteliers are becoming more and more competent in terms of handling IT to skyrocket their businesses. Our post about the Hotel Industry Trends already covers a few points on the latest technology of the like of SaaS, Enhanced room technology, Mobile check-in etc. Even better, this hospitality industry technology allows them to offer late check-outs for an additional charge. Related article: How smart technology is influencing the guest experience in 2020 From operations to guest experience to marketing, smart hotel technology offers a variety of cost savings and revenue opportunities, and it is enabling hotel owners to reach new levels of profitability. So, the short explanation of it is a view of the physical real-world environment with a computer-generated image projection, changing the perception of reality. Improving operational efficiency and tech stacks . The hospitality industry is facing cutthroat competition. This is a hospitality technology trend that’s rocking the hotel sector. Our mobile devices along with the media giant conglomerates like Netflix and Amazon changed the way we consume media content forever and while some industries are postponing the inevitable, the hospitality technology trends will quickly need to adapt in order to stay relevant. What’s more, mobile check-ins enables hotels to stay on top of their room availability and better optimise per-room revenue. Today, guests can make reservations through an application and schedule their stay with … However, as far as growth in the hospitality industry is concerned, technology to help understand the customer better using data analytics seems like a clear winner for the future. Innovative Technology Transforming the Hospitality Industry in 2020. The main reason for the change, besides personalized content being … Information systems were previously a thing only in the reach of luxury hotels. How can the hospitality industry stay aloof of this trend? AI and Data Analytics one of the top Hospitality Technology Trends . As more businesses are implementing new technologies and are beginning to see the benefits. Other hotel chains are expected to follow the same starting from 2018. Advancements in the hospitality technology trends will reduce any potential issues with reservation and payment procedures and ensure that they are completely reliable. In many ways, the hospitality industry is leading the charge in the adoption of smart business technology. In this article, we turn our focus on technology trends in the hospitality industry. This can be delivered in the form of a personal text message, which lets guests know that their specific needs can be met and honoured by the hotel. In the hotel and hospitality industry, technology has helped make many hotels and resorts more efficient as ones that are capable of providing better service for their guests. Exciting chatbots to enhance customer service, Personalised services through self-improving AI-based apps. Now think of the issues within the hospitality industry due to fraudulent transactions. These include. Hotel brands such as Hilton and Starwood are already reaping big from this hospitality technology for hotels. To be successful in a fast-moving industry like hospitality means never standing still. Moving on to some insights on hospitality industry technology that would be useful for restaurants and hotels. It's not as sexy as some of the other features on our list, but the hospitality industry has started making the migration to cloud technologies. Future is in so immense proximity we can almost feel it. 2020 Industry Outlook: Imagination to Iteration By Dorothy Creamer, Editor, HT magazine - 02/07/2020 Get great content like this right in your inbox. The hospitality industry has already introduced these latest technologies. Hope you found insights on hospitality technology interesting. In today’s technology-driven world, the future of the hospitality industry is digital. The Hotel industry is extremely competitive. Hotels can attract a new breed of customers by integrating technology in all aspects. While augmented reality (AR) has yet to become a prominent feature of most current trends in the hospitality industry, consumers should expect to see more adoption within the industry in the next few years. Photo by ZACHARY STAINES on Unsplash. The latest advancements of IT in the hotel industry have played an instrumental role in enhancing the guest experience. The reception processes are more instant now than ever before with just a push of a few buttons on your remote control. They want to book a property that goes that extra mile when it comes to them as a client, who wouldn’t want an experience that focuses on trends in tourism and hospitality industry and strives to tailor the guest experience in such a way that will fit them perfectly? Many of today’s travellers and especially younger generations (millennials, generation Z), expect personalized experiences and offers. So, what’s new as far as hospitality innovation and the latest hospitality technology trends in 2020 are concerned? Technology in the hospitality industry has been able to capitalize on the internet of things (IoT) by providing a better user experience for guests. Hilton Hotels already have this in the beta phase. In 2020, COVID-19 suddenly appeared to shut down the golden era of the travel and hospitality … The concept of personalization has even been called “a must have” for hoteliers as part of trends in tourism and hospitality industry. Let’s take things a notch higher as it’s 2020 that is taking us deeper into the era of artificial intelligence and cloud computing. For the hotel, this is always most cost-effective solution compared to leaving the air conditioner on. Future focus: three hospitality trends for 2020 and beyond. Ultimately, understanding the needs of guests, and the way in which those expectations are subject to change based on emerging … SIP-DECT is another novel technology term that is replacing voice over Wi-Fi technology. Yes, the future is here and all latest trends in hospitality industry look way more exciting than a decade ago, wouldn’t you agree? As more and more research and surveys of the current trends in hospitality industry show, the guest’s expectations for special care and personalized entertainment will only be increasing with time and that’s the main reason that we will most likely witness new level of competitiveness in new trends in hospitality industry. Some of the difficulties include hotels brands not facilitating technology rollout and sticking to antiquated legacy technology systems, low margins, and high technology deployment costs. So, in the age of Big Data, Blockchain, Cloud Computing, Analytics and Shared Economy, what trends could be in store for hospitality technology for hotels and restaurants? Not to get too technical but the most common usage is usually 3D models direct projection onto physical things and fused together in real-time. When it comes to travel in the 21st century, standard and impersonal experiences just won’t cut it anymore. The keyless entry hospitality technology that debuted in 2014 is now being adopted by almost all major hotel brands like Hilton, Marriott, Accor etc. In addition to the statistics that show an undoubtedly positive response to technology, there are other benefits to be gained from the shift of current trends in the hospitality industry. Subscribe. Already, we are seeing examples of its role within the travel and tourism industryand this is only going to increase. Now, this virtual reality although not a new technical term, has never realised the expanse it can achieve. In today’s technology era, everyone is spending on mobile technology and better usage of customer data. As futuristic that all of this sounds, AI is not the only technology on the horizon. It is a mobile-enabling technology that offers hotel several sizzling features without forcing them to get tied to a fixed location. The concluded event in 2018 say over 7000 visitors and was attended by 2… “The hotel room’s television and radio are taking a backseat as research shows guests use other technologies to keep themselves entertained. Robotics in Hospitality- Think of Robot receptionists, Robot concierge, Robot butlers and more. From the benefits of OpEx expenses on the bottom line, to software integration options, and new innovations coming from emerging technology, cloud communications offers hotels opportunities for back office efficiency with low technology acquisition … There are four major technologies that are well-worth keeping your eye on next year, including: Internet of Things (IoT): This technology effectively uses sensors in physical objects to farm data and help improve and automate operations. This is how hospitality technology can transform the experience of customers. Well, our very own Hospitality industry is still cautious in terms of diving deep into AI. From switching on our bedroom lights to driving our car, technology has got our backs. Robot with artificial intelligence interface as receptionist. Virtual concierge is so hot right now in hospitality tech that it has aroused the attention of Caesars Entertainment, Yotel, Aloft, and other Top hotel chains. May it be payments, supply chain management or customer loyalty programme Blockchain might very well revolutionize the Hospitality industry. Google domination. We are sure that most of you agree on the same by now. 2020 will bring us more technology in hotels including augmented reality, biometrics and of course voice assistants. how Blockchain is changing the Hospitality Industry. The hotel industry is going through a period of unparalleled, irreversible changes and will look very different in 2020. Various augmented reality apps will for surely impact our habits, social life, entertainment industries and are slowly moving into adoption phase, not only as part of the current trends in the hospitality industry, but also as part of our daily routines in our busy schedules. VR and AR are set to dominate as one of the latest technology trends in the travel and hospitality industry in the coming years. Future technology in the hospitality industry would need hi-speed internet as a basic necessity. In the year of 2020, it’s very likely that almost all industries will be impacted by new waves of digital innovation in some way, shape or form and as current trends in the hospitality industry suggest the industry is looking to shift focus to new environments in order to satisfy consumer’s ever growing curiosity of choice and personalized digital content at the tip of their fingertips. There is always a flip side to everything and technology also has its own pros and cons. However I don’t see there being a stand out technology for 2020, instead, I see this as a year of evolution not revolution. Current trends in the hospitality industry will also include something called augmented reality in the very near future. Greater use of IT in the Hotel industry has ensured easier entry of the Information Systems even in Budget hotels. We have covered a lot of areas in the post that are related to technology in the hospitality industry. 2020 is positioned to be an exciting, revolutionary time for the hospitality industry. IoT is already impacting multiple industries in positive ways. Now you can actually get the best seats in the arena for your favourite sports team game or get backstage passes for the concert tomorrow night on the other side of the city, all of that and more without having to touch your computer or remember countless registration passwords for each and individual website. A one-of-a-kind customer experience and above all else, providing guests with a more seamless and streamlined services during their stay. Data containing the check-in and check-out times, hotel rates, facilities and amenities on offer, as well as other vital information allows guests to make informed choices. You can take a two-hour flight where you can travel around the globe in a virtual environment. By KWSME Business Setup Dubai 0 Comments. Apply to become a Nevron distributor in your region. Here are some of the top tech … The digital keys have ensured hassle-free and secure entry and exit for guests in the hospitality industry. Technology in the hotel industry is creating opportunities like never before. What technology will the hotels of the future need to adopt in order to deliver a … The internet has helped to make it easy to access information. We have also listed a few of the technological innovation. Yes, even for the customers. 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