From Nasdaq: 2024-05-15 08:31:00

Oracle Hospitality, in partnership with Choice Hotels International, extends AI-powered merchandising solution to upscale hotels, boosting revenue opportunities. Nor1 offers targeted offers through mobile apps, resulting in a 17% increase in upsell revenue. ORCL’s fiscal 2024 revenues estimated at $53.22 billion, showing 6.54% growth. Shares rose 14.6% YTD due to customer-centric approach.

Cloud computing, AI, and data analytics revolutionize hospitality. Major tech players like SAP, Amazon, and Alphabet offer innovative solutions. Oracle Hospitality provides tailored technology solutions for hotels, boosting revenue and enhancing guest experiences. SAP’s Hospitality Management drives revenue growth. Amazon Web Services’ Travel and Hospitality Competency facilitates digital transformation. Google partners with hotels to enhance guest experience with Nest Hub displays.

Zacks identifies #1 Semiconductor Stock with massive growth potential. Strong earnings and expanding customer base position this stock for AI, Machine Learning, and IoT demand. Global semiconductor manufacturing set to reach $803 billion by 2028. Tech advancements essential for hospitality industry competitiveness and meeting customer expectations. Advanced technologies are crucial for delivering superior experiences.



Read more at Nasdaq: Oracle (ORCL) Signs Deal With Choice Hotels to Offer Solution