Table of Contents 1.Introduction.........................................................................................................................2 2.Theory section.....................................................................................................................3 2.1Digital Data: producing insights for business and customers.....................................3 2.2Big data: Decision making and analysing market response........................................3 2.3Artificial Intelligence Services....................................................................................4 3.Understanding how Big Data, Artificial Intelligence and Digital Data will reshape the Hospitality Industry in the UK with special reference to the JW Mariott Hotel........................4 Conclusion................................................................................................................................10 References................................................................................................................................11
1.Introduction In the era of technological revolution and wave of informatics, every organization is employing the aid of information technology to enhance their business. Big data and AI (ArtificialIntelligence)are two such instrumentsthatcanevoke successin company management and make it reach potential heights (Atluri et al. 2017). The present report deals with the employment of Big Data and Artificial Intelligence in the hospitality industry. The organization that has been chosen in this context is the JW Mariott Hotel in the UK. This is a leading five star hotel that is based in the United Kingdom. Hospitality industry is a particular branch of service industry that provides services and amenities like lodging, food and beverage services, theme parks, cruise line, event management, holiday and additional travelling services (Marriott International 2019). JW Mariott is a premier hotel in London that is visited by glitterati and business persons from around the world. The Mariott Hotel is especially renowned for the luxury of its services, with customers being made to feel like royalty when they dine at this hotel or put up over here, for whatever length of time. It is important for an organization to evaluate its policies and strategies from time to time. Else, it will miss out on the contemporary market opportunities and technological benefit to enhance its business. Evidently, a 30 years old organization has to upgrade many of its marketing and management strategies to keep up with the growing competition over the years. Artificial Intelligence and Big Data are two widely used technological aid by various organizations specializing in service industry. Companies like Costa Coffee, Starbucks, Marriott, Hilton andplatformslikeAirBnBhaveusedthemextensivelyformarketsegregationand advertisement purposes. Therefore, it is worth examining how a five star hotel like the JW Mariott hotel can employ them successfully. Moreover, this paper will try to determine how employing those technologies will help the marketing strategy, market segregation and
advertisements strategies. Hence, the primary question that this paper will deal with is as follows: How employing Big Data and AI will help the JW Mariott hotel in their marketing strategy and grow their business in the face of current competition. 2.Theory section The paper will follow some of the theories proposed in the prescribed module to analyseandexaminethebenefitsofemployingtechnologicalassistanceintothe marketing strategy of JW Mariott Hotel. Among the five proposed theories, Digital Data, AI services and Big Data will be discussed in the context of the chosen firm. However, as literature survey, the paper will try to provide a comprehensive account of these theories. 2.1Digital Data: producing insights for business and customers Digital Data is an integral part of information systems. It is a discontinuous and discreet representation of works or information. To be more specific, it is the electronic information or specific form of machine language that can be interpreted by a number of technologies. The most fundamental form of digital data is the binary system, which stores information in the form of ones or zeroes, alternatively in on and off values (Atluri et al. 2017). 2.2Big data: Decision making and analysing market response Bigdatareferstolargepattersorsheetsofdatathatcanbeanalysedina computationalfashionandwhichrelatestohumanbehaviouraswellashuman interactions. Big data as the name suggests, is data that is quite massive or substantive in terms of size and it is also seen to grow quite exponentially with the passage of time. Big data is complex and it is large and it is difficult for conventional data management tools to store or process big data in an efficient manner (Cameron and Crawley 2008).
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2.3Artificial Intelligence Services Artificial intelligence services are services that make use of artificial intelligence and which is something that businesses around the world can make extensive use of in order to build cost effective and scalable digital applications while minimizing infrastructure and labour costs by a considerable degree. Healthcare, retail and the hospitality industry are some of the major industries that make regular and intensive use of artificial intelligence services in order to meet the needs and requirements of customers in the most suitable manner (Buhalis and Leung 2018). 3.Understanding how Big Data, Artificial Intelligence and Digital Data will reshape the Hospitality Industry in the UK with special reference to the JW Mariott Hotel The hospitality industry in the United Kingdom is one that caters to hundreds and thousands of travellers on a daily basis. To meet the expectations, the needs and the requirements of travellers is something that is absolutely essential if hotels are to retain customers over the long term, especially luxury hotels like the JW Mariott hotel in London which is renowned for the sophistication and elegance of its services. The use of advanced analyticsolutionssuchasdigitaldata,bigdataandartificialintelligenceservicesis something that is becoming increasingly common among leisure operators in the United Kingdom for keeping customers happy, and the JW Mariott Hotel in London is no exception in this respect (Mariott International 2019). The JW Mariott Hotel chain which is also referred to as Mariott International holds as many as seven thousand properties in each and every part of the world. It earns the largest source of revenue and is seen to operate in around a hundred and thirty countries and territories (De Jong and Van Djk 2015). The JW Mariott
Hotel chain has a record pipeline, of as many as four hundred and seventy eight thousand rooms and this is a hotel chain that is continuing to grow and expand with each passing day through the acquisition of valuable but small sized brands such as Starwood Resorts and Hotels and Delta Hotels among others (Everson et al. 2018). The secret behind the success of the Mariott Hotel Chain worldwide and the case of the JW Mariott Hotel in London in particular is the fact that it is a hotel that is constantly striving to keep its customers happy and satisfied regardless of whether these are long term customers or short term customers. The JW Mariott Hotel chain believes in retaining its legacy while also creating a new legacy in a number of diverse areas and it follows the right type of corporate culture that helps the management and the employees of the hotel chain to sustain such efforts. The value of innovation is something that is definitely recognized by the JW Mariott Hotel in London and the hotel especially understands how data needs to be utilized in order for big decisions to be taken for the advancement of this hospitality enterprise in the near future. Innovative solutions are implemented by the data strategy as well as governance team so that decision makers get timely as well as friction less access to integrated and high quality data. What the end goal of the use of big data analytics, digital data and artificial intelligence services by the JW Mariott Hotel in London appears to be is to make the accommodation experience of its customers as smooth and as hassle free as possible, giving customers little or no reason to complain about the type of services that they are offered at the hotel and making them want to come back again and endorse the hotel in the near future (Foster et al. 2019). It can be stated without hesitation that JW Mariott Hotel in London is one of the fastest growing and most popular hotels in the city largely because this is an enterprise that is seen to combine sophistication, elegance and efficiency in the rendition of its services. Guests who put up at the Mariott Hotel in London are sure to enjoy an out of the world luxurious
experience that will keeping ringing their minds and which will definitely provide them with the incentive to come back again for another visit. The rooms of the JW Mariott Hotel are characterized by the highest degrees of grandeur and splendour while the food that is served at the hotel is that which is conjured up by the finest gourmet chefs in the city of London. Those who put up at the JW Mariott Hotel in London are likely to find little reason to complain about the services that they are provided with. Customers get to enjoy luxurious accommodation, with bookings being taken all round the year. JW Mariott Hotel in London is one of the busiest hotels in the city and it is seen to receive customers from each and every part of the world. There is no doubt about the fact that this is a hotel that caters to the high end customers only, with the elegance and sophistication of its services being those which only the rich and the elite can afford. What makes the JW Mariott Hotel truly stand out among all the hotels in London is the fact that it is changing the face of hospitality in London and in the UK by using big data analytics to improve the experiences of customers. The following section will explore how it is managing to do, in greater detail (Hedman and Kalling 2003). There are a number of competitive advantages that the Mariott Hotel in London is able to gain through its use of artificial intelligence, big data analytics and digital data for improving customer experience. Data is used by the company to track competitor hotels and brands, the identify streams of revenue apart from accommodation, such as through the introduction of new services and facilities, and to make sure that the hotel is being able to satisfy its customers in the manner that is desired throughout the length of the year. In fact, the primary areas of focus for the JW Mariott Hotel in London are customer satisfaction and revenue management and it is able to manage its operations with regard to both these areas in quite an efficient and hassle free manner through the use of artificial intelligence services, big data analytics, and digital data (Krawczyk, M. and Xiang, Z., 2016).
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Revenue managementis a process that constitutes the setting up of optimized prices with the purpose of achieving the highest possible profit margins. The approach that the JW Mariott Hotel in London takes to revenue management is what may be termed asDynamic Pricing Automation. This is a technique that enables the hotel to predict customer demands in an accurate manner and also to identify important patterns associated with the behaviour of customers. The process ofdynamic pricing automationis one that requires accurate and real time data that is retrieved from a wide range of sources and which refers to global and local economic factors, weather reports, events and key metrics like cancellation, occupation, average daily rate, gross operating profit that is available per room, reservation behaviour and the revenue that is available per room as well (Lepak et al. 2007). Through the analysis and integration of all of this information via the use of big data analytics, the JW Mariott Hotel in London is able to understand predict customer behaviour while understanding at the same given time how it is performing in the hospitality industry in the UK in comparison to competitor hotel chains, especially hotel chains that target similar profiles of customers, adjusting its pricing strategy eventually and proactively to stay ahead of its competition (Marriott International 2019). Anotherprimary area of focus for the JW Marriott Hotel in London is to make the accommodation experience of its customers as seamless as possible.For this purpose, the hotel has introduced a number of facilities that make use of new digital technologies which in turn rely on the use of data in order to function in a proper manner while collecting atthesamegiventime,importantinformationon thetastesof guestsandcustomer satisfaction (Osterwalder et al. 2015).The JW Mariott Hotel in London is testing for instance, what may be termed as facial recognition check-in, which is a facility that makes it possible for the guests of the hotel to check into their rooms in a time span of less than one minute via the use of a digital terminal, thus enabling them to skip the waiting lines at the
hotel reception desk. Experimentations are also being carried out by the JW Mariott Hotel in London with guest service robots that are meant to perform routine tasks for ensuring the satisfaction of customers, such as the rendition of concierge services. For this purpose, the JW Mariott Hotel chain in general has entered into a partnership with Amazon UK for the installation of virtual digital assistants or robots in some of its properties in the United Kingdom, including in the capital city of London (Shaw 2007). All the rooms in the Mariott hotels in the UK, including the JW Mariott Hotel in London are now equipped with the Amazon Echo speakers. The speakers feature Alexa for Hospitality which is a well-known software product that has been specifically designed by the Amazon Company for use in the hospitality industry in both the UK and elsewhere. Through the use of this software, the guests at the JW Mariott Hotel in London are going to be able to access hotel information and all types of local information, place a request for hotel services, play music, listen to audio- books, control the operation of smart home products such as the television, the thermostat, the lights etc. (Sigala 2018). In the view of the executives who work at the Mariott Hotel chain in the United Kingdom, what Amazon Echo does for executives and customers alike is to offer them with several advantages. First and foremost, Amazon Echo provides guests with a delightful as well as engaging experience, allowing them to feel a lot closer to home than usual when they put up at the JW Mariott Hotel in London. The front desk of the hotel is also liberated of several of its duties by virtue of the use of Amazon Echo, since the guests at the hotel submit their queries or questions to Alexa for the most part, instead of the person who is based at the reception (Solnet et al. 2016). Through the use of Alexa, the JW Mariott Hotel in London is able to acquire a lot of information about its guests, especially with regard to the preferences of consumers, which in turn provides the hotel with a better understanding of what it is that customers that expect from the JW Mariott Hotel whenever they arrive here for a short or a
long visit. The JW Mariott Hotel in London is able to bring about significant improvements in its customer services through the use of Amazon Echo, Alexa and Dynamic Pricing Automation system. The former improves the quality of guest experiences at the JW Mariott Hotel in London while the latter helps the hotel to manage its revenue better, while also identifying new sources of revenue that can be developed by the hotel’s management in order to ensure greater earnings for the hotel. Above all, the use of artificial intelligence services, digital data and big data analytics makes it possible for the JW Mariott Hotel in London to gain a thorough understanding of what it is that customers need from the hotel in order to be happy and satisfied and to keep coming back to the hotel again and again (Tallon-Ballestero et al. 2018). The majority of hospitality companies these days are focusing on the use of analytical techniques in order to improve their marketing strategies and techniques by a considerable degree. This is an excellent thing to do given the fact that big data is something that puts marketers in a position to create campaigns that are more personalized in nature, and which are capable of ensuring more effective communication with clients (Vargo and Lusch 2004). Yet it needs to be remembered that this constitutes only a rather narrow perception of what it is that the use of big data can actually offer. The Mariott Hotel Chain and the JW Mariott Hotel in London, UK in particular, is one that has an excellent understanding of what big data analytics is all about and how it should be utilized. The Mariott Company is aware of the fact that it has unrestricted access to large varieties of semi-structured and structured and even unstructured data sources so there are significant amounts of data that are capable of being collected, then analysed and finally applied for improving operations. The decision makers at the Mariott Hotel Chain, including at the JW Mariott Hotel Chain in London are in a position to develop important strategies based on such information like transnational activities, customer feedback, availing loyalty programs and thirty party demographic information or
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data (Marriott International 2019). The other data that is utilized by the company in the running of its operations includes digital data and big data on household profile of customers such as the kind of jobs that they hold or the number of children that they have, and even the amount of remuneration that they draw and the ways by which they spend their earnings. Even the data that is obtained from local event schedules and weather reports are capable of being used by the Mariott Hotel to improve for instance, the demand for price optimization, forecasting and the identification of new areas for doing business (Buhalis and Leung 2018). Conclusion The management of all this data is however quite a complex task for Mariott Hotel authorities with not all data having the same type of value or being regarded as actionable. The digital data, big data and artificial intelligence service data can be proactive, reactive or predictive in its nature. What it ultimately helps the JW Mariott Hotel to do is to give it insights about past activities or operations that have been carried out by the hotel, in qualitativelydescribingthestepsthatneed tobe takenby the hoteltoimprove the experiences of its customers and quantitatively predicting the outcomes of all such measures. In the ultimate analysis, it is important to remember that JW Mariott Hotel in London and in the UK at large is changing the face of the hospitality industry in the country, through its use of artificial intelligence services, big data analytics and digital data, by identifying new and legitimate sources of revenue generation and by significantly improving the experiences of its customers.
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