Altexsoft

APRIL 20, 2023

When searching for hotel rooms, parents with young children may very much prefer to not have a fireplace or a high floor view, while honeymooners may be willing to pay to have both a fireplace and a view. Many hotels, though, still use an old shopping model. shift to more premium rooms and rates ” even in its early trials with ABS.

Hotels 111

Hotels Airlines Travel Technical Review 111

TechCrunch

AUGUST 20, 2021

The company’s customer list boasts names like Marriott Hotels, and it announced a $520,000 seed round, led by Sahra Growth Capital, to give it nearly $570,000 in total funding. Siddharth Kaul , 18, Elan Rosen , 20, and Ibrahim Mohammed, 20, started the company after finding some common ground in retail and events.

Software 264

Software Hotels Retail Testing 264

Altexsoft

JULY 17, 2019

When a hotel business grows, its technical capabilities expand, too. Or you keep your boutique hotel small and cozy, but don’t want to miss a chance and make your guest service better, using technologies. What is Hotel Property Management System? Structure of a hotel PMS. Windsurfer CRS interface. Source: Apaleo.

Hotels 85

Hotels Technical Review Systems Review Software Review 85

Altexsoft

JULY 20, 2021

Hotels have been experiencing a surge of direct bookings during the pandemic. Yes, while the overall number of bookings dropped due to COVID-19, hotels’ brand.com websites became the third most popular booking channel , in some cases even surpassing Expedia traffic. Direct booking strategies for hotels. Why is that?

Hotels 98

Hotels Travel Technical Review Media 98

Altexsoft

NOVEMBER 22, 2019

Hotel business produces a plethora of data literally every moment. Let’s take a closer look at major data management processes — data collecting, storing, and analyzing — as applied to the hotel domain. Hotel data collection: what and where to look for. Important hotel data sets and overlaps between them.

Hotels 18

Hotels Data Technical Review Systems Review 18

Altexsoft

AUGUST 16, 2019

When I put in the hotel name in Google map, I see one location. This is not so for every hotel, but I am not sure if some hotels aren’t somehow gaming the system. ”. This is not so for every hotel, but I am not sure if some hotels aren’t somehow gaming the system. ”. What is hotel mapping?

Hotels 18

Hotels Tools Travel Artificial Inteligence 18

TechCrunch

AUGUST 2, 2021

is a B2B sales productivity startup that wants to help sales team by reducing the amount of time they spend on manual data entry and providing analytics that can increase their revenue. They also get analytics like multithreading scores that help them identify how deals were won or lost.

B2B 266

B2B Hotels Analytics Conference 266

CIO

SEPTEMBER 11, 2024

In addition, the incapacity to properly utilize advanced analytics, artificial intelligence (AI), and machine learning (ML) shut out users hoping for statistical analysis, visualization, and general data-science features. As a result, data teams exhausted valuable time resolving problems and fixing glitches, and the approximately 1.5

Artificial Inteligence 198

Artificial Inteligence Artificial Intelligence Social Tourism 198

Altexsoft

FEBRUARY 19, 2020

Interestingly, in the era of flight aggregators and websites with massive hotel inventories, we still tend to trust our own instincts and dig for better and cheaper options. Acquisition analytics. Demand analytics. Revenue analytics. Supplier analytics. Costs and profit analytics. Acquisition analytics.

Travel 111

Travel Analytics Strategy Data 111

Altexsoft

SEPTEMBER 28, 2018

In one Hotel Hell episode, lodge guests had to search for a front desk employee by themselves. What is a hotel channel manager? If you’re new to the hotel distribution, we have a video explainer to provide you with a broad picture. Every channel manager provides analytics and reporting. Consistency across channels.

Hotels 79

Hotels Travel How To Systems Review 79

TechCrunch

SEPTEMBER 12, 2022

He explained that restaurants, hotels and catering companies typically have to go to crowded markets, negotiate with several vendors, verify the quality of the products and arrange for transportation — often having to drive hours to pick it up themselves. Alima , a Mexico-based supply chain startup, raised $1.5

Artificial Inteligence 202

Artificial Inteligence Hotels Artificial Intelligence Transportation 202

TechCrunch

NOVEMBER 8, 2022

On top of that, Beekeeper also packs analytics to serve managers with metrics around engagement. Beekeeper analytics Image Credits: Beekeeper. ” Beekeeper has amassed some big-name customers over its 10-plus years history, including hotel giant Hilton and food corporation Cargill.

Company 215

Company Handbook Hotels Analytics 215

Altexsoft

SEPTEMBER 19, 2018

A hotel jam-packed with people isn’t always a profitable hotel. Hotels employ various revenue management techniques and strategies aimed at increasing the bottom line. Compared to airlines, revenue management in hotels evolves slowly. What is hotel revenue management? Dynamic pricing strategies for hotels.

Hotels 66

Hotels Travel KPI Analysis 66

Altexsoft

MAY 13, 2021

In 2021, the biggest challenge hotels face is successfully recovering from the COVID-19 impact. Even before the pandemic, when travel was booming, hotels — especially of middle and small sizes — experienced difficulties of another sort. What is a hotel booking engine and how it makes you competitive.

Hotels 69

Hotels Engineering Technical Review How To 69

Altexsoft

NOVEMBER 29, 2024

The first-place winner, the travel assistant, allows users to enter natural language search queries using a chat or voice interface, receive curated hotel and activity options based on preferences and locations, and book accommodations they have found. The CV matching tool took third place.

Artificial Inteligence 52

Artificial Inteligence Travel Hotels ChatGPT 52

CIO

JANUARY 23, 2023

With technology now a pervasive enabler of all aspects of the business, CIOs have the end-to-end visibility and cross-functional insights that other executives lack, not to mention oversight of key enterprise assets such as data and analytics. “We

Leadership 218

Leadership Real Estate Hotels Apparel 218

Altexsoft

AUGUST 2, 2021

Today, a hotel concierge is the person whose job is to assist the guest with any request or problem — be it arranging a manicure, an urgent dry cleaning, or a pet walk. So, let’s explore the opportunities to improve customer satisfaction and other benefits concierge software can bring to your hotel. What is a virtual concierge?

Hotels 64

Hotels Software Review Software Technical Review 64

CIO

NOVEMBER 20, 2023

Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area. Predictive maintenance AI tools enable proactive maintenance approaches, using data analytics to detect anomalies in equipment and processes—such as the performance of jet engines—so they can be fixed before they fail.

Artificial Inteligence 197

Artificial Inteligence Airlines Artificial Intelligence Retail 197

CIO

JUNE 7, 2023

The result was what is now the Palladium Hotel Group, a hotel chain with 10 different brands spread across Spain, Italy, Mexico, Brazil, Jamaica, and the Dominican Republic. At the end of the 1960s, Spanish businessman Abel Matutes had an ambitious dream to bring paradise closer to travelers by offering incredible experiences.

Hotels 148

Hotels Sustainability Travel Culture 148

TechCrunch

DECEMBER 14, 2022

Suplyd , a procurement platform for hotels, restaurants and catering (HoReCa) businesses in Egypt, has raised $1.6 It also benefits suppliers with real-time analytics and actionable insights when it comes to demand patterns and trends,” he said.

Hotels 201

Hotels B2B Trends Windows 201

Altexsoft

MAY 23, 2023

Revenue Per Available Room, or RevPAR, has emerged as a crucial key performance indicator (KPI) for assessing a hotel’s financial well-being and prosperity. This significant metric enables hotel owners to evaluate their property’s performance by considering both occupancy rates and average daily rates (ADR).

Hotels 59

Hotels KPI Artificial Inteligence Strategy 59

Altexsoft

SEPTEMBER 10, 2022

Every now and then, a big hotel brand introduces its own take on the “hotel room of the future”. The Internet of Things (IoT) and machine learning that are powering smart hotel applications are accessible to everyone bold enough to try. What is a smart hotel? IoT hospitality applications. IoT in hospitality use cases.

Hotels 59

Hotels IoT Infrastructure Technical Review 59

TechCrunch

AUGUST 29, 2021

This round of funding was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate Hanwha Corporation. billion in 2021, based on Strategy Analytics’ report. Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1

3D 189

3D VR Tools B2C 189

CIO

MAY 30, 2024

Esta solución, además de en industria, ha sido ya implementada en otros ámbitos como aeropuertos, hoteles u hospitales, con un ahorro medio superior al 20% en el consumo energético de los activos bajo estudio. Hacia una Industria 4.0 Sostenible de Aggity, que integra la gestión de la energía a lo largo de todo el ciclo de producción.

Cloud 158

Cloud Hotels Energy Industry 158

CIO

JANUARY 4, 2023

Many CIOs don’t know where to start,” says Brian Kirkland, CIO at Choice Hotels and founding board member for SustainableIT.org, a nonprofit launched to help create frameworks and standards around sustainability. Data management, automation, analytics is critical to reviewing our progress in ESG,” she says. “As

Sustainability 197

Sustainability Technical Review Nonprofit Data Center 197

Altexsoft

OCTOBER 6, 2020

Several hotels around the world now use technology solutions to automate their check-in, in-room, and check-out experiences for visitors. However, the idea of contactless hotel experiences isn’t entirely a new one. In 2014, Starwood, one of the world’s largest hoteliers, introduced two new robotic butlers at Aloft hotel in Cupertino.

Hotels 116

Hotels Technical Review Travel Software Review 116

TechCrunch

SEPTEMBER 14, 2021

Comcast, Kimpton Hotels, Thomson Reuters, Nasdaq and eBay are among its current customers — so this is in part to serve those customers’ global user bases, as well as to sign up new gifters. “We First, to hire more talent: It has 500 employees now and plans to grow that by 30% by the end of this year.

Hotels 235

Hotels Marketing Software Enterprise 235

TechCrunch

APRIL 1, 2021

And you may even be leveraging that data to adjust your product itself — think about hotel pricing, finding the right restaurant on a food delivery website, applying for a loan with a fintech company, etc. They land their data in there and they make it available for analytics and more,” Soda co-founder and CEO Maarten Masschelein told me.

Data 163

Data Hotels Google Cloud Testing 163

Altexsoft

OCTOBER 12, 2023

With the right RMS in place, hotels and vacation rentals can optimize room pricing, enhance occupancy rates, and boost overall revenue. What is a revenue management system for hotels? Learn more about hotel revenue management in our video. Revenue management software for hotels is generally flexible.

Hotels 52

Hotels Systems Review System Software Review 52

Altexsoft

MAY 26, 2021

In the hospitality industry, choosing the right metrics and carefully tracking them can help you as the hotelier or hotel manager to understand how your hotel is performing, compare it with your competitors, and possibly find the weak points and opportunities for improvement. Occupancy rate, ADR, and ALOS: basic operational metrics.

Hotels 64

Hotels Metrics Performance KPI 64

TechCrunch

MAY 2, 2022

To address some of the challenges around credit card co-branding, Dan Duncan, the cofounder of credit card issuers Mercury Financial, launched Concerto , a startup that develops credit card programs for brands using “advanced data analytics.” Consumers generally like co-branded cards. Nearly 53% of all U.S.

Banking 210

Banking Programming Airlines Artificial Inteligence 210

Altexsoft

MARCH 30, 2022

Upselling and cross-selling provide hotel owners and managers with the ability to drive greater profit from the same guest by timely offering valuable services. This post aims at explaining the key hotel upselling and cross-selling strategies, ways to digitize them effectively, and examples of existing software serving that purpose.

Hotels 59

Hotels Tools Strategy Off-The-Shelf 59

CTOvision

JANUARY 21, 2014

Symposium topics include the technology landscape of data science, ways to improve analytics, and better ways to approach and manage datasets. It is set apart from related symposia by our emphasis on advancing data science technologies through: Benchmarking of complex data-intensive analytic systems and subcomponents.

Technical Review 112

Technical Review Data Hotels Analytics 112

CIO

OCTOBER 15, 2024

AWS, which has integrated Iceberg into analytics services like AWS Glue and Amazon Athena, has been actively involved in Iceberg’s development for the past three years. And now that the enterprise data analytics community is basically bought in, the next stage of work is happening at the catalog layer.

Data 176

Data Open Source AWS Software Review 176

Altexsoft

FEBRUARY 21, 2023

Hotel price prediction is a critical aspect of the travel industry, and with the rise of machine learning , it has become more precise and accurate. The key objective behind this task is to set the best booking prices to entice customers and ensure that hotels take full advantage of their business potential.

Hotels 52

Hotels Artificial Inteligence Machine Learning Travel 52

CIO

MAY 14, 2024

The Awards will take place at the Hotel Fairmont Riyadh on 19th September. Data Champions : Acknowledging leaders who have leveraged data and analytics to derive actionable insights, inform strategic decision-making, and unlock new opportunities for growth and optimization.

Technical Review 148

Technical Review Hotels Leadership Innovation 148

Altexsoft

MARCH 27, 2023

As a hotel revenue manager, one of your key responsibilities is creating a pricing strategy tailored to the property and its market. Many hotels still rely on a fixed pricing strategy that uses a tiered pricing system based on room types. This article explores the concept of open pricing and how it can benefit hotels that implement it.

Hotels 52

Hotels Strategy Tools Technical Review 52