Enhancing the Hospitality Experience in XR, with UgoVirtual's Michael C. Cohen

Published: March 10, 2020, 10 a.m.

b'Today\'s guest -- UgoVirtual\'s Michael Cohen -- describes the hospitality industry like a snowflake - add a little heat and, well, you can imagine. Hotels and cruises rely on proven practices to keep guests happy. Luckily, XR doesn\'t have to disrupt those practices; they can build on top of them.\\xa0\\n\\n\\n\\n\\n\\n\\n\\nAlan: Coming up next on the XR\\nfor Business podcast, we have Michael Cohen from UgoVirtual. We\'re\\ngoing to be talking about how virtual/augmented/mixed reality\\nsolutions -- or XR solutions -- can be used for front-of-house for\\ncustomer facing activations, from AR to VR. Pre-experiences, what is\\nit like to book this hotel, looking all around you? And also the\\nback-of-house: how do we use this technology to give the best\\npossible training for the staff, so that the customer experience is\\nflawless across the board? All that and more coming up, on the XR for\\nBusiness podcast, coming up next. Michael, welcome to the show, my\\nfriend.\\n\\n\\n\\nMichael: Thank you very much.\\nReally appreciate it, Alan.\\n\\n\\n\\nAlan: It\'s my absolute pleasure.\\nIt\'s been a long time coming. We\'ve been kind of doing the dance,\\nwatching each other grow. And I\'m really excited to learn about what\\nyou guys are doing in the hospitality field. It feels like it\'s a\\ngreenfield opportunity in hospitality, from travel/tourism. A bunch\\nof companies started with, "We\'re going to put a 360 camera and\\nlet you have a virtual tour." But explain to us, what are you\\ndoing at UgoVirtual, and what is the response so far in the\\nhospitality industry?\\n\\n\\n\\nMichael: Well, first of all,\\ntiming is everything, as we know. [chuckles] And the global travel\\nand hospitality industry is absolutely a greenfield opportunity. It\'s\\nprimed for scale and expansion in regards to XR. The reason being is\\nthat there have been investments and there have been initiatives,\\nboth on the brand and enterprise level of hospitality and travel\\ncompanies, but also in startups and larger companies who have\\nenabled, let\'s call it a slice of VR or a slice of AR. Or as you\\nmentioned, enabled OK 360 hotel tours that were maybe derivative out\\nof the real estate market and that sort of scenario. Now, the\\nopportunity is very, very serious for UgoVirtual, because we are the\\ntravel and hospitality virtual solutions company, very myopically\\nfocused to both consult to the major travel and hospitality brands to\\nhelp them navigate and make investments and strategic decisions for\\nthe next three, four, five years on what XR will be for them.\\n\\n\\n\\nAnd also from our perspective, we have\\na portfolio of XR oriented solutions that are very focused and linear\\nto the travel and hospitality space. So we\'re not taking generic\\nsolutions and trying to overlay them on travel and hospitality. The\\ngroup that\'s involved with UgoVirtual -- who I\'m a strategic advisor\\nto -- we\'re all 15-20 year veterans on hospitality technology\\ncommercialization for the front-of the house, which is guest facing\\nsolutions and the back-of-the-house, which is employees and staff. So\\nwhen you overlay that kind of multi-decade experience on how to get\\ntechnology efficiently deployed, efficiently commercialized, exceed\\nthe demands or the needs of travel and hospitality brands, with these\\nnow slowly maturing VR/AR/XR opportunities, it\'s a wonderful fit for\\nUgoVirtual right now.\\n\\n\\n\\nAlan: So give us an example. You\\ntalked about front-of-house, customer facing solutions. Let\'s start\\nwith front-of-house and then we\'ll go back-of-house. Because I don\'t\\nknow if you know this, but I actually met my wife working at Delta\\nHotels in Toronto.\\n\\n\\n\\nMichael: [chuckles] That\'s\\nperfect.\\n\\n\\n\\nAlan: Yeah.\\n\\n\\n\\nMichael: Yeah.\\n\\n\\n\\nAlan: I was a bartender, and she\\nwas the night manager--\\n\\n\\n\\nMichael: That sounds like a'