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4-Traders Homepage  >  Equities  >  Nasdaq  >  Amazon.com    AMZN

AMAZON.COM (AMZN)
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Real-time Quote. Real-time Cboe BZX - 06/19 09:41:31 pm
1728.485 USD   +0.27%
08:57pAmazon's Alexa will now butler at Marriott hotels
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Amazon's Alexa will now butler at Marriott hotels

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06/19/2018 | 08:57pm CEST

(Reuters) - Amazon.com Inc said on Tuesday that it has partnered with Marriott International Inc to help increase guest access to amenities with Alexa, through its voice-controlled device Echo, in an attempt to expand its presence in the hospitality industry.

Alexa for hospitality would assist in providing services ranging from ordering room service to requesting housekeeping or calling the concierge for dinner recommendations without picking up the phone.

The company said the partnership will start this summer at Marriott's select properties and the service will be available by invitation to other hotel chains.

Several media reports had said that Marriott had tested both Apple Inc Siri and Amazon's Alexa to select what was best suited for its hotels.

On whether Alexa was chosen over Siri, Marriott said "this was not a direct comparison with Siri. We work with a number of partners in order to test emerging technology so we can learn and leverage what we believe will enhance the guest experience."

Amazon has never disclosed the exact sales figure for its Echo devices. However, the company in January said it sold "millions" of Amazon devices and that the Echo Dot device was the best-selling product among Prime members.

The company's move to tie-up with hotels is another strategy to woo more users for its Echo devices.Amazon Echo owners spend an average of $1,700 (£1,291) a year on Amazon, more than the $1,300 Amazon Prime members are estimated to be spending a year on the e-commerce site, CNBC reported earlier this year, citing a report by Consumer Intelligence Research Partners.

(Reporting by Vibhuti Sharma and Arunima Banerjee in Bengaluru; Editing by Shailesh Kuber)

Stocks mentioned in the article
ChangeLast1st jan.
APPLE -1.76% 185.42 Delayed Quote.11.59%
MARRIOTT INTERNATIONAL -1.74% 136.28 Delayed Quote.2.28%
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Financials ($)
Sales 2018 238 B
EBIT 2018 8 323 M
Net income 2018 6 210 M
Finance 2018 11 308 M
Yield 2018 -
P/E ratio 2018 139,60
P/E ratio 2019 88,96
EV / Sales 2018 3,46x
EV / Sales 2019 2,77x
Capitalization 833 B
Chart AMAZON.COM
Duration : Period :
Amazon.com Technical Analysis Chart | AMZN | US0231351067 | 4-Traders
Technical analysis trends AMAZON.COM
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 49
Average target price 1 815 $
Spread / Average Target 5,3%
EPS Revisions
Managers
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Tom A. Alberg Independent Director
Thomas O. Ryder Lead Independent Director
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