At KiwiTech, we believe in the power of technology to create new wealth and social change. Over the past 15 years, our experience building a global portfolio of over 600 startups across various sectors, including many led by women, minorities, and economically disadvantaged people, has reinforced what self-made American entrepreneur John D. Rockefeller said to aspiring disruptors: “if you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.”
Whether it’s “revenge travel” or what economists call “pent up demand,” the post-pandemic resurgence of travel proves that it’s anything but a discretionary luxury: travel is the therapeutic glue that binds people together. It is with great enthusiasm that I write this foreword to "Reimagining Global Hospitality: Building the AI Hotel of the Future," authored by Alexander Mirza, a leader of one of our portfolio companies and our strategic advisor in the fast-changing travel and hospitality space. As the CEO of a global technology and professionals services firm anchored by over 400 diverse technologists in India working to advance responsible artificial intelligence, KiwiTech, is deeply immersed in the various subject matters shared in this book.
Distinguished entrepreneurs can envisage the future. Over the last 15 years, we’ve witnessed the most successful ones are usually not the media-hyped kids who dropped out of college to start a new venture in their parents' garage. It’s the ones who have toiled long hours learning from industry leaders in the establishment, identifying “white spaces” that exist and “connecting the dots” between unarticulated customer needs, new business models and burgeoning but unproven technologies. With his decades of international experience working in senior management roles in travel and hospitality, Alexander Mirza has the perspicacity to correctly diagnose the problems afflicting the travel and hospitality industry. Moreover, in this compelling narrative, Alexander’s prognostication of the future has crystal clear implications not just for technology leaders but for all stakeholders, including governments and civil society. He offers solutions for building a sustainable hospitality industry, both from an environmental and human capital perspective and leveraging AI to empower the workforce. Alexander also provides new perspectives on solving some of the most acute problems facing both legacy companies who employ over 300 million people and for the progressive architects of a new generation of sustainable brands and disruptive technologies.
This book goes beyond the typical discourse on technology's role in the future of business. As you engage with "Reimagining Global Hospitality," you are invited to explore the many possibilities that artificial intelligence brings to the forefront of a revitalized travel and hospitality industry. The insights provided in this book, including the practical perspectives provided by Mogul’s Chief Technology Officer, Sahar Cain, and our Chief Technology Officer, Gurvinder Batra, provide a roadmap for a future where new technologies advance environmental stewardship, human capital, diversity, equity and inclusion to overcome geopolitical challenges in a more disputatious world.
Welcome to the future of travel and hospitality.