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CNBC Closing Bell October 5, 2017

After day. We will see if a rally can hold into the final hour here. The dow, itself, up 106 points also in record territory. And helping the market today, the house passing its 2018 budget, thats a first step toward getting tax reform done and how Speaker Paul Ryan will be holding a News Conference on that very topic later this hour. Well bring it to you live as soon as it begins. The dow up 40 points. When they announced they passed a budget, it was sudden i up 100. Its looking for right now. The Amazon Effect strikes again. This time fedex and u. P. S. In its sights see both those stock are lower detail on that coming up. We begin with the netflix stock jump today and the companys move to raise the price of its most popular streaming plan by 10 , which sounds like a lot, but its 1. Maybe it is a lot. Well, it could ....

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The Ever-increasing Role of AI in Hospitality - By Sophiene Ben Marzouk

The Ever-increasing Role of AI in Hospitality - By Sophiene Ben Marzouk
hotelnewsresource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hotelnewsresource.com Daily Mail and Mail on Sunday newspapers.

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Will hoteliers start investing adequately in technology in 2023?

The hotel budgeting season for 2023 has begun in earnest and a very important question is whether hoteliers will budget adequately for technology in their 2023 budgets. ....

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Contactless Voice Technology is Here to Stay; How to Properly Shop for Digital In-Room Assistants

As summer nears and travel moves closer toward recovery, technology continues to play a vital role in keeping hotel guests and employees happy and safe while balancing an increased desire for social distance. Although staffing shortages continue to challenge hoteliers to deliver on guests’ expectations, contactless solutions such as digital in-room voice assistants are providing a better, more convenient, and hygienic customer experience. But not all voice solutions are created equal. While most fulfill guests’ requests or provide local recommendations and hotel information, not all ensure data anonymization, communicate with peripheral hardware/software systems, consolidate in-room equipment, facilitate seamless integrations, and enable brand messaging consistency. When it comes to voice technology, details are important. ....

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Are hoteliers finally realizing that technology can save the day?

In “normal” years, the hospitality industry spends, on average, less than 2.5% of net room revenue on IT, telecom and IT personnel payroll/benefits. This is it! Compare this to Expedia’s spend of 28%-30% of net revenue. ....

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