Hotel Executives Question AI Investment Returns, Shift Focus from Adoption to Proving Value at Destination AI Event
🏨 At the Destination AI event in Washington on Wednesday, hotel executives, including Pat Nestor from Hyatt, discussed AI's financial impact. While costs are known, its earnings remain uncertain. Nestor highlighted a shift from "adoption" to "absorption," questioning AI's value on profit and loss sheets. He anticipates more scrutiny in 2027 to ensure the technology's true value is extracted. The industry aims to quantify AI's return beyond mere efficiency gains.
Share