The Hospitality Newsletter
Today
Only 10% of Hotels Trust AI for Automated Pricing
technologyLodging Magazine··1 min·For: Revenue, GM, Owner, IT

Only 10% of Hotels Trust AI for Automated Pricing

A RoomPriceGenie survey reveals that while 53% of hoteliers use AI for pricing support, only 10% trust automated systems to make final pricing decisions without human review. The report also highlights that 43% of properties still rely on spreadsheets or manual instinct for pricing amid widespread talent shortages.

Key Takeaways

  1. 153% of hotels use AI pricing tools, but only 10% allow autonomous decision-making
  2. 243% of surveyed hotels lack a dedicated RMS, relying on spreadsheets or manual rates
  3. 347% of operators struggle to hire qualified revenue management professionals

Read original source →

Source: Lodging Magazine

Keep reading