Artificial intelligence (AI) is the simulation of human intelligence in machines, enabling them to perform tasks that typically require human intelligence, such as visual perception, speech recognition, decision-making, and language translation. AI systems can be designed to learn from data, adapt to new inputs, and perform tasks with varying degrees of autonomy. They encompass various technologies, including machine learning, natural language processing, computer vision, and robotics. AI has applications in numerous fields, from healthcare and finance to transportation and entertainment, revolutionizing the way we live and work.
In the hospitality sector, artificial intelligence is used in many areas, mainly pricing and revenue management. Vivere Stays uses it for revenue prediction and optimized pricing settings in auto-pilot mode. Our technology learns from the historical data of the hotel, combined with internal, external and Comset data to increase total revenue for our hotel owners.
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