Not only is the staff able to track down and manage valuable inventory within the hotel, but also the Smart Hotel features let the guests and staff better regulate energy consumption and support pro-environment and sustainability initiatives. Besides, Cognizant affirms IoT’s potential to drive revenues in a hotel.

In its report, Hospitality in the Digital Era, “Numerous hoteliers that are investing in mobile engagement expect guests will use mobile devices not only for room selection and payment but also as access keys for amenities such as pools and spas.” Not only this, IoT-powered beacon technology sends real-time offers to guests’ smartphones, thereby encouraging more sales.