|Time for hotels to smarten up with IoT, big data
Hospitality is a booming industry across the globe, with hotels in various regions reporting increased revenue per available room in recent years. Yet amid this boom, competition has become more intense as consumers are faced with more choices. More and more hoteliers therefore place a stronger focus on boosting operational efficiency and guest experience to stay ahead. In addition, operators are also keen on achieving further savings on energy, which accounts for a significant portion of a hotel’s cost. All this prompts hoteliers to turn to smart technology, including the Internet of Things and big data, to meet their objectives.