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Hospitality Technology·· 28 days ago

Forget Chatbots: The AI Use Cases Yielding Real Margin Relief

Forget Chatbots: The AI Use Cases Yielding Real Margin Relief | Hospitality Technology

AI Overview

Steve Demchuk, Chief Product Officer at Restaurant365, writes that AI adoption in the restaurant industry has shifted from exploration to tangible results. Research shows that among operators using back-office AI, 69% are using or piloting it for reporting and analytics; 61% say AI has reduced food costs, 62% say it has reduced labor costs; 88% of AI users say it saves time weekly. However, 38% of operators have no plans to use AI, with top barriers being data privacy/security concerns (37%) and accuracy concerns (34%).

Source:Hospitality Technology · hospitalitytech.com