In 2021, Korea-based Yanolja launched Yanolja Cloud to lead
technological innovation across the global hospitality industry through the use
of cloud-based solutions.
Since then Yanolja Cloud has been rapidly growing. For Yanolja’s
Q3 2023 financial results it reported the cloud division increased its revenue
by 112% and achieved its first quarterly profit of about $7.1 million (KRW 9.2
billion).
In a discussion in the PhocusWire studio at The Phocuswright
Conference, Jong Yoon Kim, CEO of Yanolja and Yanolja Cloud, explained how cloud-based
solutions can connect disparate data across various touchpoints of a hospitality
experience, to drive efficiency and more revenue for suppliers while making the
travel experience more seamless for consumers.
Kim also discussed how Yanolja Cloud is building its own
generative artificial intelligence solutions for customers and how the
combination of AI, cloud-based systems and internet-connected devices can boost
sustainability strategies for properties and accelerate innovation.
Watch the full discussion with PhocusWire editor in chief
Mitra Sorrells below.
From our partners at The Phocuswright Conference 2023: Yanolja