Mr. Antonio Comparelli reports

METAGUEST.AI ANNOUNCES OCTOBER REVENUE GROWTH AND OPERATIONS UPDATE

Metaguest.AI Inc.'s monthly subscription sales and experience bookings increased to $52,888 for the month of October, 2023. Up to the end of October, 2023, total sales for the year is $258,017.

With Metaguest.AI guests engage with strategically positions QR code and NFC tags at partner hotels, the Metaguest.AI technology produces dynamic content using advanced hotel specific machine learning, existing generative AI (artificial intelligence) content and up-to-the-minute local conditions. Guests interact with the content, which is available if over 21 languages, allowing them to perform various activities such as booking experiences, tours, making restaurant reservations, purchasing goods, submitting service requests and more.

Metaguest earns its revenue through recurring monthly subscription fees, paid by local businesses, which allows guests access to their offerings when visiting a partner hotel. In addition, Metaguest receives commission revenue on experience sales booked through its partners, Tiqets International and Viator.

From January, 2023, through October, 2023, guests completed 895 bookings totalling $137,500 of which Metaguest earned a commission of between 8 to 12 per cent.

Tony Comparelli, chief executive officer and director, commented: "AI has become integral in transforming the hospitality industry by notably elevating guest experiences and significantly boosting guest satisfaction ratings. The integration of existing generative AI platforms with the Metaguest.AI transactional platform has shown success in creating revenue-generating opportunities for Metaguest, its hotel partners, experience providers and business subscribers, all while offering invaluable services to guests. Initial successes in select hotels in New York City and South Florida (Miami) have paved the way for further expansion. We are excited to extend our reach to hotels in Nashville, Atlanta, Austin, Houston and throughout Florida in the upcoming months."

About Metaguest.AI Inc.

Metaguest.ai is a cutting-edge technology company that develops advanced artificial intelligence platforms for the hospitality industry designed to enhance the guest experience. Its flagship products are comprehensive solutions that addresses all aspects of the guest journey, from prearrival to postdeparture. Features include on-property e-commerce with electronic payments, real-time in-room service management, mobile checkout, personalized in-room controls, local experience/event bookings, virtual personal concierge and more. Guests engage in over 16 languages, on any connected device, and without the need to download an app or visit a website. By leveraging the platforms, hotels, resorts and short-term rental property owners can improve their operational efficiency, personalize the guest experience, increase revenue and overall customer satisfaction.

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