Effect of Tech Advancement on Hotel Competition in Australia
VerifiedAdded on 2022/11/25
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Report
AI Summary
This business research report investigates the impact of technological advancements on the competitive landscape of the Australian hotel industry, with a specific focus on Meriton Suites. The study explores the key dimensions of technological advancements, including Internet of Things (IoT), cloud computing, artificial intelligence, and big data analytics, and their influence on various hotel operations such as customer service, internal processes, and staff training. The research aims to identify the challenges and opportunities presented by these technologies, evaluate regulatory obligations, and provide recommendations for Meriton Suites to enhance its technological integration and maintain a competitive edge. The report addresses research questions related to the dimensions of technical advancement, regulatory standards, current scopes of technology integration, and implementation strategies. The literature review highlights the importance of technology in the hospitality sector, emphasizing its role in improving service quality, operational efficiency, and competitive advantage. The report concludes by suggesting ways for Meriton Suites to adapt to the rapidly changing technological environment and leverage technology to improve its business operations.
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