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

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 KPI Travel Analysis 66

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 From Bad to Worse.

Government 98

Government Enterprise Systems Review Data 98

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. Analytics – metrics and reports about business, customers, and employees. is carefully documented in a CRM system.

Travel 89

Travel Systems Review System Hotels 89

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

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. It is a hotel performance metric representing the average revenue earned for each room rented out in a hotel over a certain period. Example 1: Small boutique hotel.

KPI 52

KPI Hotels Strategy Machine Learning 52

Altexsoft

JANUARY 19, 2022

Greenhouse gases (tourism is responsible for around 8 percent of global carbon emissions, three-quarters of which is due to aviation), local resource overuse (e.g., It means that people want to travel responsibly, so hotels, airlines, and tour companies have to keep up and satisfy their customers (and attract new ones).

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Travel Sustainability Technical Review Airlines 95

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.

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Big Data Analytics Tools Applications 78

Sunflower Lab

MARCH 25, 2024

Closely linked to Power BI, Power BI analytics is the most powerful and efficient tool that enables you to not only view data but also uncover trends, identify opportunities, and model your organization to become more effective and successful. For most organizations, these key metrics can be divided into three broad categories.

Metrics 52

Metrics Trends Analysis Technical Review 52

Altexsoft

APRIL 19, 2022

From sharing a corner in your living room with an air mattress to running a whole hotel-like operation with multiple properties, alternative accommodation hosts today can make bank. Hotels want to be like Airbnbs, investing in unique, homey properties where people come to live, rest, and work. Hotels and vacation rentals, compared.

Hotels 52

Hotels Tools Software Review Systems Review 52

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

Altexsoft

MARCH 28, 2022

According to the Global Vacation Rental Report 2022 , 40 percent of property managers rely on market business intelligence (BI) or analytics services, a big leap compared to just 13 percent before the COVID-19 outbreak. Vacation rentals usually offer guests more attractive prices than hotels along with a more private setting.

Analysis 52

Analysis Data Software Review Technical Review 52

Altexsoft

AUGUST 9, 2023

It’s a systematic approach to handling various travel operations such as hotel bookings, flight tickets, travel policies, and reporting with the aim of cost control, adherence to corporate policies, and employee comfort and safety. Their interaction is centered around reporting, analytics, and oversight features.

Travel 52

Travel B2B Off-The-Shelf Hotels 52

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 117

Business Intelligence Tools Artificial Inteligence Technical Review 117

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. Stakeholders — from property owners to managers to housekeeping staff — use this metric to make informed decisions and increase revenue per room or property. After all, it’s not 100 percent.

Hotels 52

Hotels Machine Learning Artificial Inteligence KPI 52

Altexsoft

APRIL 30, 2021

OPERA by Oracle is a robust property management system for hotels of any sizes, allowing them to centralize the control over all operations and provide greater customer experience online and offline. Watch our detailed overview of property management systems to learn more. The infrastructure of hotel software.

Hotels 52

Hotels How To Systems Review Software Review 52

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. The NIST Information Technology Laboratory is forming a cross-cutting data science program focused on driving advancements in data science through system benchmarking and rigorous measurement science.

Technical Review 112

Technical Review Data Hotels Analytics 112

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

NOVEMBER 1, 2023

NER example Consider the sentence: “Mary from the HR department said that The Ritz London was a great hotel option to stay in London.” For instance, NER can quickly extract company names, stock prices, and economic metrics in a news article, turning lengthy narratives into concise summaries. And this can go a long way.

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Artificial Inteligence Machine Learning Systems Review Training 52

Altexsoft

FEBRUARY 15, 2022

As a hotel, airline, OTA, or other company that works with travelers, you have to translate and customize all the elements of your digital product: Customer-facing content ( descriptions, landing pages, blog materials, FAQs and help desks , the “About us” section, terms and conditions, contacts, marketing and advertising materials etc.);

Travel 52

Travel Hotels Technical Review Systems Review 52

TechCrunch

JANUARY 16, 2021

Also, significant experience and know-how have been accumulated here in big data analytics. Do you expect to see a surge in more founders coming from geographies outside major cities in the years to come, with startup hubs losing people due to the pandemic and lingering concerns, plus the attraction of remote work? Not particularly.

Technical Review 354

Technical Review Software Review Trends Systems Review 354

Altexsoft

APRIL 24, 2019

Such a pricing strategy can lead to bad reviews, complaints, or worse. The expert recalls cases when clients were charged preposterous fees for short rides due to extremely high demand, for instance, during the New Year’s Eve. Customers don’t like to feel like they’ve paid more than other people for the same product or service.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

Altexsoft

JANUARY 21, 2022

Our sentiment analysis tool for aggregating hotel reviews is a good example. The team was challenged with testing what machine learning model would work best for labeling sentiment in reviews. These metrics help them understand if their assumptions were correct and find alternative ideas. Generate real analytics.

Software Review 52

Software Review Software Technical Review How To 52

Altexsoft

JUNE 2, 2021

However, if you are, say, a hotel, a law firm, or a daycare, you probably don’t have a problem counting your office supplies, towels, light bulbs, or furniture items and don’t need a sophisticated inventory management solution to maintain records and support the reordering process. Every business deals with inventory one way or another.

Software Review 72

Software Review Technical Review Software Technology 72

Altexsoft

DECEMBER 30, 2020

A complete software suite to run last mile delivery typically consists of a mobile app for drivers, a fleet management system for dispatchers, and a tracking and notification mechanism (usually, a free mobile app) for customers. Main components and features of a typical last mile delivery system.

Transportation 52

Transportation Technical Review Technology Retail 52

Instaclustr

OCTOBER 14, 2019

ApacheCon is being held in the Flamingo Casino/Hotel in Las Vegas. Las Vegas is the pinnacle of artificiality, and scale (the Venetian is the largest hotel in the world!). has taken 2 years to develop (and the focus has now shifted to testing as the project approaches an official release), and due to a variety of improvements (e.g.

Technical Review 36

Technical Review Technology Report Open Source 36

Instaclustr

OCTOBER 14, 2019

ApacheCon is being held in the Flamingo Casino/hotel in Las Vegas. Las Vegas is the pinnacle of artificiality, and scale (the Venetian is the largest hotel in the world!). has taken 2 years to develop (and the focus has now shifted to testing as the project approaches an official release), and due to a variety of improvements (e.g.

Technical Review 28

Technical Review Technology Report Open Source 28