The hospitality industry is playing catch-up. 73% of operators say hospitality lags behind other industries in digital transformation, and that gap is becoming a risk.While retail, finance, and travel have embraced AI-driven pricing, forecasting, and automation, many hotels and restaurants are still relying on outdated systems. That means missed revenue opportunities, inefficient operations, and a struggle to keep up with shifting customer expectations.Digital transformation isn't just about keeping pace- it's about staying competitive. AI-powered revenue management can help you predict demand, optimize pricing, and boost profitability in ways that manual processes simply can't match. The businesses leading the charge are already seeing the benefits. Those who delay? They risk falling further behind.
BP3 is a Texas-based management consulting firm that offers services including robotic process automation and app modernization for sectors such as healthcare and travel.