Innovation

🔎 Beef 'O' Brady's partners with SoundHoundAI for AI-assisted ordering in its family sports bar and grill chain across more than 20 U.S. states. The AI, trained on Beef 'O’Brady’s menu, responds to natural speech for phone orders. With 100% call answer rate during peak times, the AI handles simultaneous orders and customer inquiries. The technology is part of the preparation for the 2024 Summer Olympics. SoundHound AI, employed in over 10,000 restaurant locations, recently acquired Allset to expand its reach.

🍽 Beef 'O' Brady's, operating in 20+ US states, uses SoundHoundAI's voice AI for phone orders. The AI, trained on the chain's extensive menu, handles 100% of calls, even during busy periods like the 2024 Summer Olympics. SoundHound's technology, deployed in over 10,000 restaurants, recently acquired Allset to grow its reach. Approximately 80% of U.S. diners expect AI to dominate food ordering soon. For more, visit www.soundhound.com.

🍕 Beef 'O' Brady's, operating in more than 20 states, partners with SoundHoundAI for phone ordering via voice AI, which is fully deployed in all corporate locations and available for franchise integration. SoundHound's voice AI answers 100% of calls, even during high volumes, allowing staff to focus on service and meal prep. Ahead of the 2024 Summer Olympics, the technology is expected to offer seamless ordering for customers. SoundHound's AI, deployed in over 10,000 locations, recently acquired the Allset ordering platform, indicating expansion within the restaurant industry. Nearly 80% of U.S. diners foresee AI voice assistants dominating food ordering soon.

🔍 Beef 'O' Brady's collaborates with SoundHoundAI for AI-powered phone orders, active in all corporate locations and available to franchises. SoundHound's voice AI handles 100% of calls, even during busy times, taking multiple simultaneous orders. With the 2024 Summer Olympics approaching, customers can order meals with SoundHound's AI for quick, accurate service. SoundHound’s AI is deployed in over 10,000 restaurant locations and recently acquired the ordering platform Allset to expand its reach.

🏨 OTAs like Booking.com and MakeMyTrip adopt 'Buy Now, Pay Before Check-In' (BNPBC) to increase direct bookings for hotels. BNPBC allows guests to reserve a room and pay any amount before check-in, boosting revenues by nearly 20%. It mitigates risks compared to 'Pay at Hotel' options, encouraging commitment and reducing no-shows. The system automates payment collection, prompting guests to complete payments, aiding hotels especially during off-seasons. Article by Tarun Goyal, CEO of Simplotel, published on Jul 16, 2024.

🏨 In the hotel industry, AI-driven personalization is transforming shopping experiences with tailored discounts and unified shopping. Eddie Deyo, CTO at GK Software, highlights the importance of efficient, integrated POS systems and loyalty programs to meet high guest expectations. Personalized offers incentivize spending and foster loyalty, while the key to effective AI implementation is a connected experience across all hotel touchpoints, allowing for diverse payment options and seamless access to loyalty rewards.

📊 Forwrd.ai acquired LoudnClear.ai to enhance its no-code data science automation for RevOps, integrating with platforms like Salesforce Service Cloud and Zendesk. Forwrd.ai's CEO Kobi Stok highlights the platform's ease for RevOps leaders to deploy predictive models without a full data science team. Organizations incurred $104 billion in costs due to data science complexities in 2023, with the market expected to grow to $776 billion by 2032. LoudnClear.ai's CEO Shaked Izrael anticipates furthering their vision post-acquisition.

✈ Journey Mentor secured a five-year contract with Bangladeshi travel agency Time Travel BD, integrating their SalesMentor and LoyaltyMentor solutions into Time Travel's IT infrastructure. Bangladesh's travel market is expanding, with monthly international passengers rising to 800,000 in 2021 from 500,000 in 2019, and domestic passengers reaching 170,000, up from 100,000 in the same period. Kazi Shah Arfin, CEO of Time Travel, emphasizes enhanced service, while Paul Sies, CEO of Journey Mentor, highlights revenue growth and profitability.

🍝 The food delivery industry adapts to wage increases and fee hikes, impacting customer satisfaction. The National Restaurant Association reports 110,000 restaurant closures in 2020. Robotics is a growing solution, with the food robotics market projected to reach $5 billion by 2030, according to Allied Market Research. The Association for Advancing Automation states robotics can cut costs by 17.71%. Embracing robotics for efficiency, cost savings, and customer experience is essential for industry growth.

🍴 Introducing a restaurant reservation system app can attract more customers and level the playing field for small businesses, streamline operations, reduce no-shows, enhance customer satisfaction, and increase profitability for medium to large businesses. A mobile-optimized app can improve convenience, accessibility, and offer custom features such as loyalty rewards. To develop an app, research competitors, design for user-friendliness, consider app builders for a drag-and-drop solution, and promote your app using market research insights. Rohan from London, SVP of Engineering at Builder.ai, suggests these strategies.