Preparing Your Hotel for the Transition into Automation
The acclimatisation of automation is becoming essential for maintaining competitive advantage and operational efficiency in hospitality. Here are ten compelling statistics from industry leaders that underscore the benefits and urgency of adopting the right partner for automation in your hotel:
These statistics highlight the transformative potential of automation in the hospitality industry. By adopting automated systems, hotels can not only enhance operational efficiency but also significantly improve guest experiences, sustainability efforts, and overall profitability.
The Strategic Benefits of Automation
Addressing Fear-Mongering Around Job Loss Due to Automation
It's common to hear concerns about job loss when discussing automation, but the reality is more nuanced. Automating repetitive administrative tasks can enhance productivity and create opportunities rather than eliminate jobs. Here are some statistics and insights to support this:
Job Creation and Productivity:
According to a report by McKinsey & Company, while automation will displace certain types of jobs, it is also expected to create new ones. Specifically, they estimate that by 2030, automation could create 12 million more jobs than it displaces in the U.S. alone.
The World Economic Forum’s "Future of Jobs Report 2020" highlights that while 85 million jobs may be displaced by automation by 2025, 97 million new roles may emerge that are more adapted to the new division of labor between humans, machines, and algorithms.
Increased Revenue and Job Retention:
Research from the Harvard Business Review indicates that companies implementing automation can see a 10-15% increase in revenue, which can lead to business growth and new hiring opportunities rather than layoffs.
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The Institute for the Future predicts that 85% of the jobs that will exist in 2030 haven't been invented yet, suggesting that automation will drive innovation and new job creation.
Enhancing Human Roles:
A study by Deloitte found that 60% of companies implementing automation reported no net reduction in jobs, and in many cases, automation helped employees focus on higher-value work, leading to improved job satisfaction and productivity.
Forrester Research predicts that automation will add 9% to the growth rate of the economy by 2025 without necessitating a reduction in workforce.
Upskilling and Job Transformation:
According to a survey by Capgemini, 58% of companies with advanced automation have implemented upskilling programs for their employees. This helps workers transition to more strategic roles that automation supports rather than replaces.
These insights demonstrate that automation, rather than being a threat, can be an enabler of growth and job transformation. By taking over mundane and repetitive tasks, automation allows employees to focus on more meaningful and high-value activities, driving innovation and business success.
Implementing Automation in Your Hotel: Key Steps
The transition to automation is a strategic move that can yield substantial benefits for hotels. By embracing automation, hotels can enhance operational efficiency, improve guest experiences, achieve sustainability goals, and drive long-term profitability. The statistics and insights from industry leaders underscore the transformative potential of automation in the hospitality sector.
As you prepare your hotel for this transition, remember that automation is not just about adopting new technology; it's about creating a more efficient, sustainable, and guest-centric operation. Invest in the right software partnership, train your team, and continuously monitor performance to ensure a successful and rewarding journey into the future of hospitality.