Bandit's Hospitality Automation in 1,000 Properties

## Vendit Drives Innovation in 1,000 Accommodation Establishments…Achieves Remarkable Feat of 27% Revenue Increase, 3.5 Million Won in Labor Cost Savings Vendit, a cloud SaaS solution company leading the digital transformation of the accommodation industry and breathing new life into it, is attracting market attention by achieving the brilliant accomplishment of supplying automated systems to over 1,000 establishments nationwide. Vendit's solution is not merely about providing a system; it has established itself as a game-changing solution that dramatically improves the profitability and operational efficiency of actual accommodation businesses. Particularly, data from establishments that participated in last year's beta test clearly demonstrates the powerful effects of Vendit's solution. After adopting the automated system, the average monthly revenue increased by an impressive 27%, and labor costs saw a remarkable reduction of over 3.5 million won per month. This presents a practical solution to the accommodation industry, which had been suffering from manual reservation management and high labor cost burdens, proving that it is addressing the industry's long-standing challenges of chronic inefficiency and labor shortages. Vendit's AI-based integrated reservation management system 'V-CMS', announced for an update in the second half of this year, is set to be equipped with even more intuitive and powerful features. V-CMS is an innovative system that automatically manages reservations, rates, and inventory in real-time from a single screen. Through seamless integration with major domestic and international OTAs (Online Travel Agencies) such as Agoda, Airbnb, and Booking.com, it unifies the management of room inventory and rates, thereby completely eliminating concerns about reservation and rate errors or overbooking, and drastically reducing the operational burden. Furthermore, kiosk integration and automatic room assignment features will elevate the level of accommodation operation automation, maximizing operational profitability. A Vendit official acknowledged that the accommodation industry has traditionally been a sector where digital transformation has lagged, but explained that technology adoption is rapidly spreading, especially among small-scale establishments. Particularly, with the strong demand for labor cost reduction coupled with the increasing need for unmanned services due to rising foreign visitors, Vendit's automation system is being evaluated as a strategic solution that accurately reads market trends. Through this system, successful cases of small-scale establishments achieving large-scale hotel-level efficiency, reducing vacancy rates, and cutting labor costs are continuously increasing. Vendit's automation system, currently actively operating in over 1,000 accommodation establishments nationwide, goes beyond simply supplying a system; it serves as a beacon illuminating the future of the accommodation industry with digital technology. Vendit will continue to strengthen the competitiveness of the domestic accommodation industry through ongoing innovation, provide a smarter and more efficient operating environment, and rewrite industry standards.