CIO

NOVEMBER 17, 2023

For IHG Hotels and Resorts, the cloud provides just the right accommodation for business success. Moreover, IHG’s cloud backbone enables it to take advantage of emerging SaaS offerings, such as Speakeasy AI conversational chatbots, and deliver its own IHG Voice Cloud AI service to help guests and reception desk clerks at hundreds of hotels.

Hotels 199

Hotels Generative AI Architecture Travel 199

TechCrunch

DECEMBER 5, 2022

I think Africa has a lot of markets that feel the same pain points that Egypt does,” said OneOrder co-founder and CEO, Tamer Ame r, who co-founded OneOrder with Karim Maurice (CTO), also founder Cube, an online restaurant-reservation service. “The to help hotels and restaurants buy food supplies in Africa. Vendease gets $3.2M

Hotels 240

Hotels Artificial Inteligence Machine Learning Operating System 240

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

CIO

AUGUST 29, 2024

Este consiste en la implementación de tecnología Microsoft para la construcción de 27 modelos basados en IA , concretamente a partir de machine learning. Evolución tecnológica constante Grupo Piñero se encuentra inmerso en la incorporación de Ia IA en distintos procesos.

Hotels 174

Hotels Artificial Inteligence Machine Learning Media 174

TechCrunch

MAY 11, 2022

What’s more, Airbnb is using a combination of machine learning and manual review to organize listings using structured data. This means that listing titles and descriptions have become far less significant, giving individual hosts a better chance at competing on the merit of their property, rather than their marketing prowess.

Travel 242

Travel Hotels Tourism Insurance 242

TechCrunch

JULY 13, 2021

The startup typically works with large, consumer-focused enterprises along the lines of Starbucks, Wyndham Hotels & Resorts, Patagonia and some 100 others, helping them to tap and organize their own data troves better to develop better profiles of their customers. So we thought, what if we tried to do that using machine learning?”

Hotels 245

Hotels Big Data Artificial Inteligence Machine Learning 245

Altexsoft

FEBRUARY 26, 2019

This time we talked with experts from AleaSoft, ENFOR, REALas, and our own data science specialist to answer the question: How to implement price forecasts on markets with high volatility? Predictive analytics requires numerous statistical techniques, such as data mining (identification of patterns in data) and machine learning.

Real Estate 69

Real Estate Artificial Inteligence Machine Learning Hotels 69

Altexsoft

AUGUST 26, 2020

If you want to sell/advertise hotel rooms, you inevitably stumble over these three technical pitfalls: How do you find hotel room APIs and what kind of providers are out there? How do you find hotel content? How do you map hotel room inventory? How hotel distribution works. Bonus) APIs for hotels.

Hotels 85

Hotels Travel Technical Review Banking 85

TechCrunch

SEPTEMBER 13, 2021

Nouh says that manufacturers can only reach 30% of merchants in the market, but with Capiter, that number goes up between 80% to 100%. Also, a large portion of the manufacturers’ end trade happens via traditional channels where there is basically no transparency over data or market insights.

B2B 257

B2B Banking Fintech Pharmaceuticals 257

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

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Forecast financial market trends. from 2022 to 2028.

Analytics 218

Analytics Data Artificial Inteligence Healthcare 218

TechCrunch

SEPTEMBER 7, 2022

With the market for call center software estimated to be worth tens of billions, there’s a strong incentive to crack the code — or to come close, at least. Or if a hotel guest calls to book a standard room but then changes their mind and decides on a suite, the platform could suggest rooms that fit the new criterion.

Technical Review 229

Technical Review Hotels Systems Review Software Review 229

CIO

NOVEMBER 20, 2023

Outcomes are fed back into machine learning models to improve prediction accuracy continually. Dynamic pricing Airlines, ride-sharing services, and online retailers have long used dynamic pricing to adjust to changing market conditions. AI makes this capability available to any business.

Artificial Inteligence 197

Artificial Inteligence Airlines Artificial Intelligence Retail 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

Altexsoft

JULY 31, 2019

If you want to sell/advertise hotel rooms (and you aren’t a hotel), you inevitably stumble over these three technical problems: How to find hotel rooms APIs and what kinds of providers are even there? How to find hotel content? How to map hotel rooms inventory? And there are direct channels for hotels.

Hotels 14

Hotels Banking Travel Marketing 14

CIO

OCTOBER 9, 2023

Truly listening to what the business wants and needs and asking questions while empowering his team to experiment is of paramount importance, agrees Eben Hewitt, CIO of Hyatt Hotels. “My I think of it almost like a machine learning algorithm called ‘multi-armed bandit,’” that has two axes: exploit and explore, he says.

Hotels 205

Hotels Agile Innovation Games 205

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

Altexsoft

SEPTEMBER 10, 2022

Every now and then, a big hotel brand introduces its own take on the “hotel room of the future”. IHG , Marriott , Accor , and many more have been developing automatic, contactless, personalized experiences to wow their guests and redefine the hospitality market. What is a smart hotel? IoT hospitality applications.

Hotels 59

Hotels IoT Infrastructure Technical Review 59

TechCrunch

AUGUST 23, 2022

Some marketers argue these protections have made it harder to suggest or predict which products customers might want. It brings the company’s total raised to $30 million, which includes contributions from high-profile celebrities like actor Leonardo DiCaprio, Elton John and Starwood Hotels founder Barry Sternlicht.

Knowledge Base 229

Knowledge Base Travel Film Media 229

TechCrunch

OCTOBER 15, 2021

While there are tools like Service Titan for field management, businesses want a low touch solution for marketing and sales. “Skipper is a new network for hotels and resorts that helps them run their tech stack, acquire customers, and create new revenue streams. ” GatherMade. ” Aklivity. ” SAVVI.

CTO Coach 186

CTO Coach Weak Development Team 3D Hotels 186

Palo Alto Networks

AUGUST 2, 2024

Take, for example: • Airlines, hotels and online travel businesses are building LLM-powered virtual assistants to let you self-manage your bookings. Real estate companies are building online apps to help you find your next property and build the most appropriate offer based on the market data.

Artificial Inteligence 111

Artificial Inteligence Applications Real Estate Pharmaceuticals 111

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. From analyzing real-time data to making forecasts about future trends, these systems provide functionality for staying ahead in a dynamic hospitality market. Scalable solutions for different needs.

Hotels 52

Hotels Systems Review System Software Review 52

CIO

JANUARY 9, 2023

The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. Recent market volatility has added to the complexity of delivering high-quality products and services,” Derr says. How do we grow our business responsibly?”

Technical Review 218

Technical Review Fractional CTO CTO Weak Development Team 218

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

TechCrunch

JANUARY 16, 2021

Overall, local investors cited the country’s focus on global markets from day one, general support from the Israeli government and deep relationships with Silicon Valley and other global tech centers as additional factors that are powering it forward today. This a great example of company that is disrupting a traditional market.

Technical Review 354

Technical Review Software Review Trends Systems Review 354

CIO

JULY 11, 2023

For example: at the time the Four Seasons hotel chain was founded , “Traditionally, hotel employees were poorly paid and considered transient and replaceable.” But now imagine the opposite case: another hotel chain that still operates on a “high expected turnover” model. Artificial Intelligence, Machine Learning

Generative AI 113

Generative AI Strategy Weak Development Team Hotels 113

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

MAY 5, 2023

The short-term rentals (STR) market has been expanding rapidly in recent years, with popular vacation rental platforms like Airbnb, Booking.com, and VRBO transforming how people travel and lodge. This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making.

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Altexsoft

JANUARY 30, 2023

They are a way for travel vendors to offer discounted airfares, hotels, car rentals , and other perks and benefits to certain clients, while also potentially increasing sales and customer loyalty. For example, the Resort Inventory Group, which we’ll cover further, aggregates many membership clubs for hotels to distribute their products.

Travel 97

Travel Groups Hotels Examples 97

O'Reilly Media - Ideas

NOVEMBER 2, 2021

It’s also important that machine learning seems to have taken a step (pun somewhat intended) forward, with robots that teach themselves to walk by trial and error, and with robots that learn how to assemble themselves to perform specific tasks. Atlas is a project to define the the machine learning threat landscape.

Trends 145

Trends Artificial Inteligence Machine Learning Linux 145

Exadel

NOVEMBER 25, 2020

Thanks to our extensive expertise developing AI solutions , we recently launched a public version of CompreFace, a free face recognition service that can be easily integrated into any IT system without prior Machine Learning (ML) skills. Speed up checking in at hotels, conferences, and airports. About CompreFace.

Artificial Inteligence 98

Artificial Inteligence Machine Learning Open Source Hotels 98

Altexsoft

JUNE 11, 2019

They’ve managed to grow up to ten reservations in the first month and decided to analyze the market. There was no market. Here’s how Andy Rachleff, a co-founder of Benchmark Capital, suggests thinking about the market: When a great team meets a lousy market, market wins. The market always wins. Market size.

Strategy 93

Strategy Marketing How To UI/UX 93

Altexsoft

MAY 31, 2022

Dubai, UAE — May 31, 2022 — AltexSoft, one of 1,500 exhibitors from 158 countries, participated in the 2022 Arabian Travel Market. Participating organizations included hotels, airlines, online travel agencies, travel management companies, destination management companies, and others. .

Travel 52

Travel Marketing Tourism Airlines 52

Apiumhub

MARCH 16, 2021

Identifying new opportunities and implementing an effective strategy based on insights can provide businesses with a competitive market advantage and long-term stability. 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 117

Business Intelligence Tools Artificial Inteligence Technical Review 117

AWS Machine Learning - AI

SEPTEMBER 12, 2024

Solution overview SageMaker JumpStart is a powerful feature within the Amazon SageMaker machine learning (ML) platform that provides ML practitioners a comprehensive hub of publicly available and proprietary foundation models (FMs). She is passionate about data-driven AI and the area of depth in machine learning and generative AI.

Artificial Inteligence 119

Artificial Inteligence Generative AI Travel AWS 119

Altexsoft

APRIL 24, 2019

The reality is that you’ll need a more sophisticated pricing strategy to fit into today’s highly competitive market and be flexible enough to adjust to any changes. Dynamic pricing is a practice of setting a price for a product or service based on current market conditions. Dynamic pricing strategy 101 and key approaches.

Artificial Inteligence 73

Artificial Inteligence Machine Learning Software Review Retail 73

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