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Forward-looking Study: Artificial Intelligence Development and Trends in the Restaurant and Hotel Industry
With the popularization of artificial intelligence and Internet technology, the catering and hotel industry is rapidly changing under the new business mode represented by "people, property and things". At present, the traditional catering and hotel industry has begun to gradually face up to its lack of technical research and development capabilities, and actively cooperate with strong scientific research background in the field of artificial intelligence and cutting-edge technology. As a result, the combination of cutting-edge artificial intelligence technology and the new business structure of the solutions and products are rapidly landing test water, and achieved results that can not be ignored.

In this context, the world's top 500 catering and hotel industry companies as the industry leader is also beginning to integrate artificial intelligence technology, and in the booking options, in-store consumption, digital operations, and other cutting-edge application areas to try to land the relevant projects, so as to drive the entire catering and hotel industry's technological transformation road.

As the global per capita gross domestic product and consumption rise, the catering and hotel industry's consumption of private and public pairs is also slowly rising. At the same time, as the global economy has continued to rebound since the financial crisis in 2008, the tourism consumption of tourists from various countries has also reached record highs year after year. Based on IBISword's hotel and restaurant industry report, the global restaurant and hotel industry has maintained an average annual revenue growth rate of nearly 2% over the past five years, and is approaching the trillion-dollar mark in 2018.