In the hospitality industry, digitalization has effectively transformed customer service

Hotel management makes up a small portion of the hospitality industry. Included are things like grub, wine, travel, and tourism. Additionally included are resort or event management. The tourism and hospitality sector is one of India's largest service industries, according to Siddharth Mehta il&fs.
 
 In fact, the quickly expanding sector is going through a significant digital transformation that is significantly personalizing the customer experience. The market is being reshaped by modern innovations like face recognition, artificial intelligence, chatbots, and data analytics. Machine learning will be used to add numerous external factors to price suggestions. AI will be used, for instance, to analyze people's social media profiles, advancing booking process personalization.
 
 To maintain their value and improve operations, hoteliers must take the initiative and drive the industry's digital revolution. This can be accomplished through cooperation with tech-savvy companies that can recognize and articulate the important issues that technology can and should address. Both businesses will profit from this tactic because startups frequently lack the understanding of their industry that is necessary for their growth.
 
 Innovative thinkers are constantly developing brand-new, state-of-the-art methods of enhancing the guest experience in hospitality by incorporating contemporary technologies. Utilizing APIs (application programming interfaces) and cloud computing, today's successful hotel tech entrepreneurs establish seamless connections between a variety of cloud-based solution providers.
 
 Solution providers, as opposed to the established market players, can concentrate on more niche areas, allowing hotels to collaborate with a variety of suppliers to create the ideal overall distribution ecology that satisfies their unique complexity and cost requirements.

Read more here  :  https://www.moneylife.in/article/covid-19-disruptions-speed-transformation-of-trade-finance-industry-in-india-report/62164.html

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