Technology is fundamental to nearly every aspect of our lives, both professionally and personally. Yet one of the biggest challenges in business is the effective use of technology.
All operators should have a 3-5 year roadmap of technology, and there are a number of key technology questions that investors and asset managers should be asking of their operators.
This paper arms the investor and asset manager with these questions through a discussion of;
- How and why technology failed in hotels
- The challenges to technology adoption
- The opportunities that should be considered by asset managers
- The future of technology and how it is disrupting conventional real estate