The post-pandemic hospitality sector is experiencing a significant transformation, projected to reach nearly $560 billion in global hotel bookings by 2024. To address challenges such as labor shortages and heightened guest expectations, industry players like Metaguest.AI (OTCQB: MGSTF) are rapidly integrating AI solutions. Metaguest’s innovative, app-free multilingual platform enhances the guest experience while unlocking revenue for mid-sized hotels. With the AI in hospitality market expected to soar from $16.33 billion in 2023 to $70.32 billion by 2031, hotels are shifting their focus and allocating over 40% of AI budgets to predictive technologies.
Metaguest provides seamless integration with hotel systems, offering features like digital payments, real-time service requests, and a multilingual virtual concierge, leading to exceptional guest satisfaction rates above 90%. With funding of $2.7 million and a meteoric growth in revenue, Metaguest is strategically positioned to capture a significant market share and is an attractive investment opportunity in the rapidly evolving hospitality tech landscape.
Source link
