Evolving Technologies to Drive Competitive Advatage in Hotel Industry

? Evolving Technologies To Drive Competitive Advantage in Hospitality Industry In todays fast paced competitive and cut-throat marketplace where no former(a) quote would be more apt than Survival of the fittest, tour & exit companies, travel agents, hotel distribution companies, hotel chains, airport transfer and car learn companies are grappling with how to bring convergence between their brick and mortar and the emerging technologies that are multiplying and growing as if they are advance from an assembly / production line. The debate over high-tech or high-touch is largely a thing of the past in the cordial reception industry as emerging technologies drive unprecedented swop in the way hotels operate and serve customers. It is clear that investments in technologies can generate greatly improved operating efficiencies, high hotel revenues and enhanced guest services. The pace of change, however, has been so extreme as to leave many hotel organizations uncertain about what types of engineering to succeed and the ruff ways to create a seam slight integration of systems company-wide. Today the technology life cycle provides a sham to assess how and when companies and individuals adopt new technologies.

Pioneers are generally the kickoff to acquire new technologies and take the greatest risk. A help category of technology users -- leaders -- adopt relatively unproven technologies, but the risks are known and accepted. Obsolete technology at the other end of the spectrum may seriously impair a companys ability to compete. In terms of costs and benefits, the best balance appears to be with the leaders who invest significantly less than pioneers and incur reduced risks, yet their technology investments can break similar benefits. Finding a balance in technology investment is critical today for hotel operations, as it helps to fulfill the thirst of operators to improve the guest experience and also gives a potentiality to improve... If you want to get a full essay, order it on our website: Orderessay

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