Fairmas announces Sundar Sitaula as its new Data Scientist. With over five years in AI and machine learning, he will drive innovation in financial planning and reporting for the hospitality industry....
Financial planning and analysis
AI is already transforming hospitality, but its impact on financial planning and analysis is just beginning. At Fairmas, we see AI revolutionizing this space by ensuring 100% accuracy in financial data and eliminating manual errors. While AI excels at generating text, it still struggles with numbers, but that’s changing. The future lies in AI-driven financial intelligence, where hoteliers can ask real-time questions about performance and receive instant, data-backed answers.
By automating calculations, budgeting, and forecasting, AI will free up teams to focus on strategic decision-making. Instead of compiling reports, hoteliers will gain a real-time understanding of their financial health, making smarter, proactive business decisions. It’s not just about automation; it’s about enabling data-driven strategies that keep hotels competitive in a fast-moving industry.
Kinza Raheel, International Marketing & Communications Manager, Fairmas
Originally published in Hotel Yearbook – HospitalityNet
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