The goal of AI is to replicate a range of functions associated with human intelligence like planning, reasoning, inference, prediction, language processing, and image recognition. These are effectively trained by observing humans performing specific tasks and once trained, the systems can be deployed and they continue to update their knowledge
US/UK: JLL and GoSpace AI, a provider of workplace and occupancy management artificial intelligence (AI) software, are joining forces “to transform how occupancy is supported in the post-pandemic, hybrid workplace”.
UK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000.
Korea: Proptech startup Dongnae, which provides apartment rental management services, has revealed plans to acquire Stevens, a South Korean company which operates the coliving business Dears.
After a topsy-turvy 2022, here are the major hospitality and real estate trends we expect to see in the year ahead, some more unexpected than others. IHM’s editorial team (George Sell – editor-in-chief at IHM, Paul Stevens – editor of ShortTermRentalz, and Eloise Hanson – editor of Boutique Hotel News) – reports.
US: Optii Solutions, a leading hotel operations software, has teamed up with the Association of Serviced Apartment Providers (ASAP).
US: Dallas-based tech firm Shokworks has announced its plans to co-launch a tech-enabled coliving scheme for digital nomad customers.
UK: FORTYEIGHT.AI, a technology company, has joined forces with Twilio, a communications platform, to launch a ‘no-app’ mobile check in solution for Britain’s hospitality industry.
UK: Over 250 hospitality leaders from across Europe and beyond gathered in London this week for the 2019 Serviced Apartment Summit Europe.
12 page white paper sponsored by Maxxton, featuring sections on: Tomorrow’s guest;Key technology trends – artificial intelligence and machine learning; virtual and augmented reality; personalisation; distribution; blockchain; Operator impact and more.
