AI Advances Shift Hospitality Industry Focus from Software Building to Strategic Decision-Making Over Next 12-24 Months
💻 In the next 12–24 months, the hospitality industry faces a shift from buying to building technology. Sridhar Ramaswamy of Snowflake, in a McKinsey conversation, highlights AI's impact on collapsing software costs. The emphasis is on judgment—how quickly organizations can adapt using readily available tools. The shift described as the industrialization of intelligence, affects data use and decision-making in hotels. A move from reliance on vendors to leveraging internal resources for technology development is underway.
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