<p><span class="p-body">Shames also emphasizes the evolving nature of the hospitality industry, particularly the impact of new technologies and AI. He believes the next big trend will be the consolidation of technologies in the hospitality sector. "The average hotel uses 20 or more on and above property systems," he notes, predicting a significant consolidation of these technologies. Additionally, he sees the advent of generative AI as a transformative force that will enhance both the operational and management aspects of hospitality</span></p>
<p><span class="p-body">For hospitality entrepreneurs, Shames advises a deep understanding of problem sets and a willingness to challenge traditional methods. "As a hospitality technology entrepreneur, you're going to be faced with a lot of nos and 'we don't do it that way.' And you want to understand the why, and understand kind of the core of it," he advises. This mindset, coupled with resilience, can drive innovation and change within the industry.</span></p>
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