“Hospitality CANNOT Be Replaced” - Ritz-Carlton Founder DRAWS A HARD LINE On Hotel AI Automation
Episode Stats
Words per Minute
150.34314
Summary
The Ritz-Garten is one of the most iconic luxury hotels in the world. It was founded in the late 1800s by Alexander Ritzenberger, who was the first person to open a hotel. He was also the first man to introduce the concept of the RitzGarten, and the first hotel to offer Wi-Fi. He is also the founder of Capella Group, a hotel technology company that has become a global leader in the field of AI. In this episode, we talk about how AI is revolutionizing the hospitality industry, and how it can be applied in hotels.
Transcript
00:00:00.680
It's the family and friends event at Shoppers Drug Mart.
00:00:03.880
Get 20% off almost all regular priced merchandise.
00:00:08.180
Tuesday, February 24th and Wednesday, February 25th.
00:00:16.640
So how do you differentiate between the speaker that came before you,
00:00:22.440
What principles are evergreen and what principles are changing?
00:00:31.760
The way it is done, and of course, customers' expectations will change.
00:00:36.260
I tell you a funny story on customer expectation.
00:00:39.440
When I opened the first Ritz-Garten, at that time, the first plastic card keys came out,
00:01:01.280
But our guest checked in and said, you're a luxury hotel.
00:01:10.020
Because that was, this silly thing was overwhelming to customer that I would give them a plastic.
00:01:19.340
But wait a minute, three months later, three years later, they said, you're giving me a hard key?
00:01:41.100
In the end, I have to tell them, I care for you.
00:01:48.860
But by me saying, friendly, instead of saying, hi, hey.
00:02:03.320
So the question, here's a question I got for you.
00:02:18.280
How do you know the right move is to go back to keys and the right move is to go back to cards?
00:02:45.000
And that's a bad thing companies do, particularly entrepreneur owners, the billionaire owners.
00:02:51.360
His friend tells them, and then he comes and changes it all because my friend told me.
00:02:56.180
That's a study of one that you just don't respond to.
00:02:59.020
You have to understand what the market as a whole wants.
00:03:09.000
We had a, I had a customer analysis done for, I knew every month in every hotel in the world what the customer satisfaction was,
00:03:20.040
what the employee satisfaction is, what my economics are, and what my future indicators are.
00:03:30.180
But if the customer satisfaction intended to return was not there, we then could dig in why into the various studies.
00:03:40.060
And we analyzed if there are in every hotel the same trend.
00:03:48.760
You tweak so that you keep on serving the customer the way the customer wants to be served.
00:03:55.660
Like, what is AI doing right now to the hotel and hospitality business that some people are using that you'll say I'll never do?
00:04:04.940
And what is AI doing to the hospitality business that you love?
00:04:12.360
I mean, I'm generationally cannot quite accept it, AI, yet.
00:04:18.280
Oh, but I'm saying I work with a technical group, and we are leader in the technology that has created for hotels.
00:04:28.500
I'm working with a group, KYC, that puts technologies into hotels so we know everything.
00:04:44.640
But what is happening because of the AI is nearly every brand, larger brand, is becoming a commodity now.
00:05:06.380
That means it is a commodity that offers shelters, sleep.
00:05:19.740
I would still have, if I was running a hotel, I would do that.
00:05:24.760
But I would have somebody on the front door that says, welcome, and walk to you to the elevator and say, I'm here for you.
00:05:36.340
But it's driven, of course, the company has to make a three-month report to Wall Street.
00:05:45.420
So I have to have people staying in front door.
00:05:49.460
But that's why small hotels who do it will be the leader of excellence.
00:05:57.800
They will control more of it, and they will be successful because of their hospitality and not just because of shelter.
00:06:05.740
So then scale is harder today the bigger the company is, because you can't maintain customer service.
00:06:10.980
You could if you're willing to spend the money for it.
00:06:14.600
But large companies don't because they're pushed by shareholders to make a little more profit.
00:06:20.420
Who's the bigger company today, like, you know, that you still look at and say, wow, good for them.
00:06:26.720
Big companies still maintaining customer service.
00:06:30.820
Aubergh is pretty big, becoming big, but there's still attention.
00:06:36.880
Rosewood is still paying attention to the customer somewhat.
00:06:40.980
But, you know, you see most big names that you know, and I will not repeat the names, are becoming commodities very fast.
00:06:48.740
Do you, when you sold, when you stepped away from Ritz, what year was that, when you stepped away from Ritz?
00:06:56.700
Well, I have finished my work with Ritz in 2002.
00:07:33.880
If you enjoyed this video, you want to watch more videos like this, click here.
00:07:41.420
And if you want to watch the entire podcast, click here.