What's Happening?
As the vacation season winds down, hoteliers are encouraged to budget for experiential technology to enhance guest experiences. Advances in AI and experiential tech offer opportunities to improve operations and revenue. Fall is seen as an ideal time to market local experiences and monetize fall-themed offerings, such as sports events, culinary experiences, and cultural festivals.
Why It's Important?
Investing in experiential technology is crucial for hoteliers to remain competitive and meet evolving guest expectations. By leveraging AI and tech solutions, hotels can enhance guest experiences, drive loyalty, and increase revenue. This approach aligns with the growing trend of experiential travel, where guests seek quality, experience-rich getaways. Early adopters of these technologies are likely to gain a competitive edge in the hospitality industry.