Innovation

💻 Michael Chorey joins Presto to lead the development of Presto IQ, an AI-native dynamic data platform for the quick-service restaurant industry. He will enhance Presto's drive-thru Voice AI and personalize offerings in real-time. Chorey, formerly with Wendy’s FreshAi, is recognized for his expertise in AI and personalization. Krishna Gupta, Presto's co-founder, highlights Chorey’s valuable industry experience, contributing to the leadership team’s 100+ years of restaurant expertise.

💻 Hotel technology evolution has progressed through five major phases, from on-premise systems to today's AI-first environments. Cloud-based systems increased flexibility and lowered costs, while open APIs allowed modular tech stacks. Low-code/no-code tools democratized tech-building, but AI agents now dominate, automating tasks and reducing call center volumes by 50%. Hotel leaders must ensure open API access, embrace experimentation, and evaluate systems for AI readiness to stay competitive. Flexibility and scalability are key in the new tech landscape.

🤖 OpenTable's Concierge, launched in July, uses generative AI to answer 80% of diner inquiries, covering over 60,000 venues worldwide. As AI-driven search usage rises, it captures 5.6% of U.S. desktop search traffic. The agentic AI market is forecasted to grow at a 45% CAGR, reaching $47 billion by 2030. Nearly 60% of adults use AI for searches, impacting traditional SEO. Venues must ensure structured data, guest feedback, and menu details for prominence in AI systems.

💻 Michael Chorey, founder of Wendy’s FreshAi, joined Presto to develop Presto IQ, an AI-native dynamic data platform for the quick-service restaurant (QSR) industry. This innovation focuses on real-time personalization for customers, crew, and operators. Chorey's expertise enhances Presto's leadership with over 100 years of collective restaurant experience. His role includes growing Presto's drive-thru Voice AI platform, promising a shift in the industry with a responsive, trustworthy approach.

📖 Two weeks in Italy revealed the issue of "overtourism," seen in crowded destinations like Amalfi. The problem lies in tourism distribution, not quantity. AI and data platforms can guide visitors to less crowded areas, like Minori, preventing congestion. Embracing smart content targeting and predictive models can alleviate the imbalance, benefiting local economies and enhancing visitor experiences. This approach not only preserves popular spots but also encourages cultural exchange and economic growth.

💻 MSP interviews reveal challenges in technological and operational strategies. MetTel and Safety NetAccess, focusing on government and hospitality respectively, highlight vendor flexibility and AI adoption as key issues. Managed service provider (MSP) MetTel has grown double digits for 17-18 years, utilizing AI since 2016. Both emphasize interoperability challenges with multiple vendors like Ruckus, Aruba, and Shasta, and the potential of Wi-Fi and cellular network convergence. AI and cybersecurity are crucial for future MSP advancements, yet financial risks persist.

💻 In 2025, 65% of hotel guests will prefer smart room features, reshaping hotel experiences with technology. Key innovations include smart displays like SOLUM’s Newton digital labels, digital menus, and Hilton’s Digital Key. Major brands like Marriott are investing heavily in customer-facing tech. Smart signage in dining areas enhances dining clarity, while retail-inspired Electronic Shelf Labels help manage hotel shop inventories. These digital advancements promise more efficient, personalized services, aligning with guests' connected lifestyles.

📈 CarTrawler has acquired Paris-based insurtech company, Koala, to expand into the insurtech sector. The acquisition aims to enhance CarTrawler's multi-product travel platform, offering integrated insurance solutions. Koala’s products, including ‘Cancel For Any Reason’ and automatic trip disruption cover, serve over 70 travel partners across 17 countries. These insurance solutions will integrate seamlessly into booking processes, enhancing ancillary revenue and customer experience. CarTrawler CEO, Peter O’Donovan, highlights the strategic move to bolster their global travel industry presence.

📈 RateHawk, a B2B online booking system, partnered with EliteTravel Group, a network of UK travel agencies, granting them access to global accommodations and exclusive offers. By October in Guernsey, they've held educational workshops, resulting in a 120% increase in 2025 bookings compared to last year, with half of Elite's branches participating. Wendy Albutt and Chantal Tomlinson emphasize the partnership's success and alignment of shared values.

📈 Revenue managers are shifting from Excel reliance to leveraging AI and machine learning for real-time pricing. They now focus on strategic decisions and human skills like persuasion, negotiation, and leadership. Despite automation’s benefits, the human touch remains crucial for context and empathy, challenging AI-driven insights. Revenue managers must ensure data quality and involve customer feedback. Success lies in interpreting AI data with human judgment, emphasizing soft skills over technical prowess in the age of AI.