WHY YOUR HOTEL SHOULD BE LEVERAGING AI NOW & IN THE FUTURE
UPDATE: Interested to know more about AI in hospitality? Check out my presentation about the future of AI in the hospitality industry ere.
As technology continues to advance at an unprecedented pace and as digital convergence matures, the integration of artificial intelligence (AI) into certain aspects of the hospitality industry is now inevitable. In the realm of hospitality, AI holds immense potential to revolutionize the way hotels in Thailand operate and help deliver exceptional and highly customized guest experiences and help hotels leverage their data to provide actionable insights.
In this article, I will explore the role of AI in running the hotel of the future and look at the significant benefits AI may be able to bring to the table to make hoteliers’ lives easier.
Streamlined Operations & reduced administrative costs
One of the key advantages of AI in the future hotel industry could be its ability to streamline operations and improve staff efficiency. AI-powered systems will be able to automate routine tasks, such as room service requests, check-ins, and check-outs, and reduce the workload on staff, allowing your team to focus more on guest-facing interactions.
AI Chatbots and virtual assistants powered by AI will be able to handle guest inquiries, provide personalized recommendations, and assist with bookings, freeing up your staff to focus on more complex and guest-centric responsibilities.
Highly Personalized Guest Experiences
Technology should be leveraged to add value to the experience received by your end customer. AI could enable hotels to deliver highly personalized guest experiences and cater to your individual preferences and needs. By analyzing data from various guest touchpoints, including previous stays, online interactions, and social media, AI algorithms will be able to generate valuable insights about guest preferences, enabling hotels to anticipate and fulfill their every desire.
From personalized recommendations for dining and activities to customized room amenities, AI-powered systems will be able to enhance guest satisfaction and loyalty by creating tailored experiences.
More efficient & proactive Revenue Management
AI will play a crucial role in revenue management going forward, from optimizing pricing strategies to maximizing profitability. By analyzing market trend data, competitor rates, and historical data, AI algorithms will be able to predict demand patterns and recommend dynamic pricing strategies in real-time. This will give revenue managers in hotels throughout Thailand, all the necessary data at their fingertips to make the right decisions at the right time based on factors such as seasonality, occupancy levels, and market demand, ensuring competitiveness while maximizing profitability.
The early bird adopters and more forward thinking properties will undoubtedly get the worm.
Enhanced Guest Safety and Security
As hoteliers, the safety and security of our guests is paramount, and AI (artificial intelligence) will be able to change the game. Facial recognition technology will be employed to enhance security measures, allowing seamless check-ins while ensuring the safety of guests and staff. AI-powered surveillance systems will be able to monitor and analyze video feeds in real-time, promptly alerting hotel security personnel of any suspicious activity.
Additionally, AI will even detect anomalies in guest behavior or in-room sensors to prevent accidents and improve emergency response times. A new dawn of software interoperability will begin with the more accessible systems with open API likely to take market share.
Advanced Guest Insights
AI-driven analytics will be able to provide hotels with advanced guest insights that can be leveraged to enhance the guest experience. By analyzing guest data, AI algorithms will be able to identify patterns and trends, enabling hotels to tailor their offerings and services accordingly.
These insights can inform extremely targeted marketing campaigns, personalized offers, and the creation of customized guest experiences. Hotels will be able to anticipate guest needs and preferences, leading to increased guest satisfaction and ultimately an increase in return guest ratios.
Efficient Hotel-level Resource Management
Having worked on building ERP (Enterprise Resource Planning) systems in the past, I can tell you that AI is a game changer for hotels looking to efficiently manage their resources. AI will be able to contribute to efficient resource management within hotels, reducing waste and improving sustainability, which can be the difference between survival and failure for a hotel in seasonal destinations such as Phuket and Koh Samui in Thailand’s south.
Smart energy management systems powered by AI will be able to monitor energy consumption (a very topical subject at the moment worldwide) and adjust temperature settings, and optimize resource usage in real-time. This will not only reduce utility costs, which is a large proportion of costs, but will also minimize the hotel’s carbon footprint and make your hotel more sustainable. AI algorithms will even be able to optimize inventory management, predict demand for supplies and minimize waste by ensuring optimal stock levels.
Improved Operational & management Decision-Making
AI has the ability to process vast amounts of data and generate actionable insights in moments, which will be able to empower hotel general managers to make informed operational decisions quickly and accurately. AI-powered analytics and business intelligence tools will be able to analyze data from various sources, including guest feedback, online reviews, and operational metrics, to identify areas of improvement and detect trends we may otherwise not know about. This enables hotel management to make data-driven decisions regarding staffing, service quality, and operational enhancements, leading to more efficient and effective operations.
The Key Takeaway’s
The integration of AI into the operations of Phuket hotels holds immense potential to transform the industry and elevate guest experiences to new heights. From streamlining operations and delivering personalized experiences to optimizing revenue management and enhancing guest safety, AI opens a whole new world of possibilities to keep your hotel ahead of the competition.
Is your hotel positioned to take advantage of his impending revolution? Migrating your hotel to a web-based, forward-thinking PMS such as Cloudbeds would be a great place to start. Partnering with hotel technology providers on the cutting-edge like we do at The Percentage Company, means that you will be first in the cue to take advantage of these epic advancements. It’s time to get rid of your archaic, cumbersome, manual PMS and use technology to your advantage.
If you need help with your hotel tech stack and digital infrastructure, The Percentage Company has worked with hundreds of hotels around the world and can help take your hotel to the next level. Get in touch with us to find out if we can help take your hotel to the next level!
