Navigating the Technological Landscape in Hospitality: Added Values and Entry Barriers of Technologies 4.0
Other authors
Publication date
2024-11-14ISSN
2158-2440
Abstract
Technological advancements, particularly Technologies 4.0, have become pivotal in reshaping the hospitality industry thanks to a wide range of new opportunities but knowing when, and how their adoption is beneficial to a company is an arduous task. This uncertainty of whether the investment is worth it or not hinders managers in taking the leap into the future, restraining business performance from reaching its maximum potential. This study investigates the synergistic relationship between the integration of Technologies 4.0 and the hospitality sector’s pursuit of enhanced service quality, operational efficiency, and sustainable growth. Drawing upon an extensive literature review and empirical data, this research aims to shed light on the added values that Technologies 4.0 offer to the hospitality sector, as well as the entry barriers that organizations encounter in their pursuit of technological integration.
Document Type
Article
Document version
Published version
Language
English
Subject (CDU)
33 - Economics. Economic science
338 - Economic situation. Economic policy. Management of the economy. Economic planning. Production. Services. Prices
Keywords
fourth industrial revolution
disruptive technologies
technological innovation
hospitality and tourism industry
Pages
23 p.
Publisher
SAGE Publications
Is part of
SAGE Open. 2024;14(4)
This item appears in the following Collection(s)
Rights
© L'autor/a
Except where otherwise noted, this item's license is described as http://creativecommons.org/licenses/by/4.0/