The Tectonic Shift in Hospitality: Why AI is More Than Just Hype
💻 Kurien Jacob, Partner at Highgate Tech Ventures, spoke on the CoStar News Hotels podcast, identifying AI as a major industry shift, not a passing trend. In hospitality, labor can account for 30%-40% of costs. AI can automate tasks, increasing efficiency and revenue. LodgIQ's AI Wizard assists with Revenue Management, providing reports, strategic insights, and market analysis. By 2026, AI adoption will determine success. AI aims to replace inefficiencies, not hospitality professionals.
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