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

Altexsoft

FEBRUARY 26, 2019

In general, price forecasting is done by the means of descriptive and predictive analytics. Descriptive analytics. Descriptive analytics rely on statistical methods that include data collection, analysis, interpretation, and presentation of findings. In short, this analytics type helps to answer the question of what happened?

Real Estate 69

Real Estate Artificial Inteligence Machine Learning Hotels 69

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

CIO

NOVEMBER 20, 2023

Outcomes are fed back into machine learning models to improve prediction accuracy continually. Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area. AI makes this capability available to any business. AI can help every step of the way.

Artificial Inteligence 197

Artificial Inteligence Airlines Artificial Intelligence Retail 197

Altexsoft

DECEMBER 9, 2020

Still, today, according to Deloitte research, insight-driven companies are fewer than those not using an analytical approach to decision-making, even though the majority agrees on its importance. What is analytics maturity model? They also serve as a guide in the analytics transformation process. Stages of analytics maturity.

Analytics 102

Analytics Technical Review Technology Applications 102

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.” Concerto today announced that it has raised $21.2 Nearly 53% of all U.S.

Banking 210

Banking Programming Airlines Artificial Inteligence 210

CIO

JUNE 2, 2023

And with the expansion and consumer popularization of AI fueled by recent advances such as ChatGPT, Expedia’s extensive use of analytics and machine learning to fuel that personalization strategy should enable the company to help evolve the travel industry, even as its pool of customers and partners grows, says Murthy.

Generative AI 158

Generative AI Artificial Inteligence Travel ChatGPT 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

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

OTS Solutions

OCTOBER 10, 2023

It encompasses technologies such as the Internet of Things (IoT), artificial intelligence (AI), cloud computing , and big data analytics & insights to optimize the entire production process. include the Internet of Things (IoT) solutions , Big Data Analytics, Artificial Intelligence (AI), and Cyber-Physical Systems (CPS).

Artificial Inteligence 147

Artificial Inteligence Mobile Industry Cloud 147

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

JUNE 5, 2023

Plant operators use predictive monitoring to keep connected machines from breaking down, increasing uptime and product output. The cost savings and other benefits from automation and improved efficiencies across thousands of stores, gas stations, hotels, or restaurants can be significant. Those are all examples of unified experiences.

Network 145

Network Artificial Inteligence Energy VR 145

Apiumhub

MARCH 16, 2021

Online analytical processing. Predictive analytics. Prescriptive analytics. Airlines and hotel chains are big users of BI for things such as tracking flight capacity and room occupancy rates, setting and adjusting prices, and scheduling workers. Business intelligence use cases. Dashboard development. Data mining.

Business Intelligence 118

Business Intelligence Tools Artificial Inteligence Technical Review 118

Altexsoft

JUNE 26, 2023

We’ll particularly explore data collection approaches and tools for analytics and machine learning projects. It’s the first and essential stage of data-related activities and projects, including business intelligence , machine learning , and big data analytics. What is data collection?

Artificial Inteligence 52

Artificial Inteligence Machine Learning Data Systems Review 52

Xicom

AUGUST 13, 2020

Here, I am sharing some technology trends for online booking to answer the most frequently asked questions: How sustainability is driving hotel decisions? Thus, the flight booking and hotel stay procedure should be simple. By now, you must have decided to offer an on-demand online hotel reservation. Machine Learning.

Hotels 52

Hotels Artificial Inteligence Travel Artificial Intelligence 52

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

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

Altexsoft

MAY 14, 2021

And that’s the most important thing: Big Data analytics helps companies deal with business problems that couldn’t be solved with the help of traditional approaches and tools. This post will draw a full picture of what Big Data analytics is and how it works. What is Big Data analytics? Traditional approach.

Big Data 78

Big Data Analytics Tools Applications 78

CIO

MARCH 27, 2023

Chief security officers and chief analytics officers are also more likely to report into IT leadership. Leveraging data, advanced analytics, and AI is top priority across the board. Machine learning and AI were also high on the list, cited by 26%. Machine learning and AI were also high on the list, cited by 26%.

Strategy 164

Strategy Survey Analytics Technical Advisors 164

Altexsoft

SEPTEMBER 19, 2023

Beyond its fundamental role in elevating customer experience, travel analytics has a valuable impact on revenue growth and cultivating a competitive edge. This article explores the influence of analytics on marketing strategies, revenue management, guest personalization, and other aspects of the travel industry.

Travel 52

Travel Analytics Examples Airlines 52

AWS Machine Learning - AI

SEPTEMBER 24, 2024

It also enables operational capabilities including automated testing, conversation analytics, monitoring and observability, and LLM hallucination prevention and detection. “We Solution overview For this post, we use a fictional hotel chain example called Example Corp Hospitality Group. For the hotel-bot demo, try the default of 4.

Knowledge Base 88

Knowledge Base Generative AI Artificial Inteligence Lambda 88

AWS Machine Learning - AI

NOVEMBER 22, 2023

You marked your calendars, you booked your hotel, and you even purchased the airfare. Now all you need is some guidance on generative AI and machine learning (ML) sessions to attend at this twelfth edition of re:Invent. Yes, the AWS re:Invent season is upon us and as always, the place to be is Las Vegas!

Generative AI 121

Generative AI Artificial Inteligence AWS Machine Learning 121

Altexsoft

MAY 5, 2023

This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making. The key terms that everyone should know within the spectrum of artificial intelligence are machine learning, deep learning, computer vision , and natural language processing. The early adopters, plain and simple.”

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Cloudera

MARCH 3, 2022

Whether the enterprise uses dozens or hundreds of data sources for multi-function analytics, all organizations can run into data governance issues. stemmed from a 2018 data breach, when the global hotel chain’s 339 million customers’ data was exposed. Everyone Fails Data Governance. In 2019, the U.K.’s In 2019, the U.K.’s

Government 100

Government Enterprise Systems Review Data 100

Apiumhub

SEPTEMBER 20, 2023

From software architecture to artificial intelligence and machine learning, ​​these conferences offer unparalleled insights, networking opportunities, and a glimpse into the future of technology. It’s an opportunity to learn from API thought leaders and enthusiasts, meet industry colleagues, and exchange ideas.

Conference 98

Conference Artificial Inteligence UI/UX Machine Learning 98

Altexsoft

AUGUST 13, 2020

Data analytics is one of the key directions for digital transformation in various industries, travel included. And hospitality is no exception: the hotel industry operates large amounts of data by its nature. Today, we’ll look at the specifics of using BI in the hotel industry. Hotel data sources.

Business Intelligence 59

Business Intelligence Hotels Technical Review Technology 59

Xicom

JULY 21, 2020

Once, consultant Geoferry Moore put it – “Without Big Data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway” And, one such big benefit is predictive behaviour. But, before you have a look at the cases, let us delve and find an answer to what is Predictive Analytics?

Healthcare 52

Healthcare Analytics Technical Advisors Analysis 52

Altexsoft

SEPTEMBER 21, 2023

What if we told you that one of the world’s most powerful search and analytics engines started with the humble goal of organizing a culinary enthusiast’s growing list of recipes? First publicly introduced in 2010, Elasticsearch is an advanced, open-source search and analytics engine that also functions as a NoSQL database.

Weak Development Team 52

Weak Development Team Analytics Engineering Development Team Review 52

Altexsoft

JUNE 21, 2023

The Average Daily Rate (ADR) — one of the leading hotel KPIs for gauging performance and profit — has gained considerable importance, and for a reason. We also investigate predicting ADR through machine learning and strategies to enhance this KPI. Example 1: Small boutique hotel. What is ADR?

KPI 52

KPI Hotels Strategy Artificial Inteligence 52

Altexsoft

APRIL 24, 2019

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Approaches to dynamic pricing: Rule-based vs machine learning. Functionality of IBM Dynamic Pricing.

Artificial Inteligence 73

Artificial Inteligence Machine Learning Software Review Retail 73

Modus Create

MARCH 14, 2023

Marriott Bonvoy — Creating Awareness with an Immersive Experience Hospitality With over 120 million members and 30 international brands, Marriott Bonvoy is arguably the largest hotel rewards program on the planet. Additionally, analytics revealed which fields were most valuable to realtors and consumers.

Examples 98

Examples Industry Technical Review Systems Review 98

Altexsoft

JULY 3, 2020

Machine learning allowed hotels and rental services to personalize offers and services. Technologies that form back offices and hotel management systems consist of various tools and structures. This organization facilitates discussion around hotel technologies, and joins: hospitality businesses, technology vendors, and.

Technical Review 76

Technical Review Technology Hotels Systems Review 76

Altexsoft

MARCH 22, 2023

Together, the two companies have developed a one-stop platform for travelers that streamlines the booking process through dynamically generating hundreds of millions of package options with flights and hotels for a wide array of destinations. Instead, Awai offers dynamically generated packages that include flights and accommodation.

Travel 52

Travel Hotels Airlines Artificial Inteligence 52

Altexsoft

NOVEMBER 15, 2022

The occupancy rate is a key indicator of the historical, current, and looking-forward performance of a hotel or vacation rental business. The occupancy rate in hospitality is the share of occupied hotel rooms or vacation rental units at a given time. Overall, average hotel occupancy rates range between 65 and 80 percent.

Hotels 52

Hotels Artificial Inteligence Machine Learning KPI 52

Altexsoft

SEPTEMBER 6, 2018

An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Some companies approach data science vendors to build products whose key functionality is centered around machi ne learning. Business analytics: business intelligence and statistical analytics.

Company 63

Company Off-The-Shelf Data Software Review 63

Altexsoft

MAY 31, 2022

Participating organizations included hotels, airlines, online travel agencies, travel management companies, destination management companies, and others. . For over 14 years, we have modernized existing solutions, improved customer experience, and help companies tap into their data potential with predictive analytics and machine learning.

Travel 52

Travel Marketing Tourism Airlines 52

CTOvision

DECEMBER 21, 2013

Get the most from all your data assets, analytics, and teams to enable your mission, efficiently and on budget. Location : The Hotel at Arundel Preserve. The Evolution of Machine Learning from Science to Software. 7795 Arundel Mills Blvd. Hanover, MD. Here is the agenda : 8:00 AM. Track One : 1:00 PM.

Big Data 113

Big Data CTO Data Open Source 113