Business Intelligence Hotels Metrics 
Apiumhub
MARCH 16, 2021
With more and more data available, it’s getting more difficult to focus on the information we really need and present it in an actionable way and that’s what business intelligence is all about. In this article we will talk about Business Intelligence tools, benefits & use cases. . What is Business Intelligence.
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.
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Altexsoft
MAY 26, 2021
It’s vital to understand what information can be useful and give a better understanding of business processes — not only to measure success, but also aid in making decisions. In other words, a certain number of metrics and KPIs has to be set up, monitored, and analyzed to be turned into valuable insights. Occupancy rate.
Altexsoft
SEPTEMBER 19, 2018
A hotel jam-packed with people isn’t always a profitable hotel. The hallmark of a successful hospitality business is the revenue. Hotels employ various revenue management techniques and strategies aimed at increasing the bottom line. Compared to airlines, revenue management in hotels evolves slowly. rooms) sold.
Altexsoft
AUGUST 13, 2020
And hospitality is no exception: the hotel industry operates large amounts of data by its nature. As business grows, these become impossible to analyze and keep track of manually or using spreadsheets. Business intelligence (BI) exists to address the problem of capturing and understanding data. Hotel data sources.
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.
Altexsoft
JUNE 21, 2019
When Booking.coms and Expedias have begun cutting off chunks of sales from hotels, tour operators, and brick and mortar agencies, it became clear – tourists of today are eager to be technology-first. Business rules – the logic behind the decision-making of an organization. Hotel connection via Extranet.
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