{"id":329474,"date":"2024-09-14T18:12:55","date_gmt":"2024-09-14T10:12:55","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=329474"},"modified":"2024-09-14T18:12:57","modified_gmt":"2024-09-14T10:12:57","slug":"trade-the-news-philippine-hotels-get-tech-boost-with-converge-concierge","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-philippine-hotels-get-tech-boost-with-converge-concierge\/","title":{"rendered":"Trade the News: Philippine hotels get tech boost with Converge Concierge"},"content":{"rendered":"\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Potential Impact of this News<\/strong><\/td><td><strong>POSITIVE on the stock price<\/strong><\/td><\/tr><tr><td><strong>Company<\/strong><\/td><td>Converge ICT Solutions, Inc<\/td><\/tr><tr><td><strong>Stock Code<\/strong><\/td><td>CNVRG<\/td><\/tr><tr><td><strong>Long-term Recommendation on the Stock<\/strong><\/td><td>Hold<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 17.54<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>CONVERGE ICT Solutions, Inc. seeks to enhance guest experience and improve the operational efficiency of local hotels with the launch of the Converge Concierge platform in partnership with Sky Cable, Inc.<\/p>\n\n\n\n<p>Converge Concierge with SkyTV Plus integrates with existing hotel property management systems, streamlining bookings, guest services, and billing processes.<\/p>\n\n\n\n<p>\u201cThis is a new innovation for the hospitality solution for hotel guest experience, especially since this is new interactive,\u201d Converge Chief Executive Officer Dennis Anthony H. Uy told reporters during the launch of Converge Concierge, adding that this is also aimed to be installed in resorts, hospitals, and service apartments.<\/p>\n\n\n\n<p>The Manila Hotel is the first to deploy the product, he said.<\/p>\n\n\n\n<p>Mr. Uy said the hotels can advertise their services shown on their smart televisions, powered by Converge Concierge, while customers are provided with access to live channels, cable TV, streaming platforms, and in-app games.<\/p>\n\n\n\n<p>The product features an in-room entertainment and information hub, complete with IoT-enabled smart controls and the high-definition IPTV solution, SkyTV Plus.<\/p>\n\n\n\n<p>Brian Kendrick Uy, technical manager at Converge, said the platform allows guests to book restaurants and services, and in-room dining.<\/p>\n\n\n\n<p>The firm also said the platform is scalable and not only caters to big hotels but also to medium-sized and small hotels.<\/p>\n\n\n\n<p>\u201cWe hope to help with the transformation of the hospitality industry in the country, so that our country is more competitive in world tourism, across the world,\u201d Converge Executive Vice-President and Chief Commercial Officer Mr. Benjamin B. Azada said.<\/p>\n\n\n\n<p><em>(News Source: <a href=\"https:\/\/www.bworldonline.com\/corporate\/2024\/09\/13\/621164\/philippine-hotels-get-tech-boost-with-converge-concierge\/\">BusinessWorld<\/a>)<\/em><\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-329474","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=329474"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329474\/revisions"}],"predecessor-version":[{"id":329476,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329474\/revisions\/329476"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=329474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=329474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=329474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}