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Lighthouse Unlocks the Power of Generative AI with Launch of Smart Summaries for Hotels

Feb 29, 2024 - hospitalitynet.org
Lighthouse, a leading commercial platform for the travel and hospitality industry, has announced the launch of Smart Summaries, a feature within its Business Intelligence solution. The feature uses generative AI to transform complex data sets into easy-to-read daily performance summaries for hotel commercial teams, aiding in revenue decisions. The technology was trained using vast data sets and tens of thousands of human-written performance summaries, and is designed to capture and summarize changes in pick-up, ADR, segmentation, and occupancy.

Smart Summaries aim to reduce non-revenue generating workload, allowing hoteliers to focus on strategic initiatives that drive revenue. The feature also helps in timely identification of actionable insights that impact pricing and promotional strategies, and improves efficiency for hospitality commercial teams. The feature is currently available to a limited set of Lighthouse BI customers and will be rolled out globally in the coming months.

Key takeaways:

  • Lighthouse has launched Smart Summaries, a feature that uses generative AI to transform complex data sets into easy-to-read daily performance summaries for hotel commercial teams.
  • The advanced technology was built using vast data sets and tens of thousands of human-written performance summaries, and can capture and summarize changes in pick-up, ADR, segmentation, and occupancy.
  • Smart Summaries are designed to reduce non-revenue generating workload, identify actionable insights that impact pricing and promotional strategies, and improve efficiency for hospitality commercial teams.
  • Smart Summaries are currently available to a limited set of Lighthouse BI customers and will be rolled out globally over the coming months.
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