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Business Intelligence tools & use cases

Apiumhub

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.

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Metasearch in Hospitality: an Overview of Hotel Search Engines

Altexsoft

In April 2020, the hotel occupancy in the US dropped to its lowest level ever — the bewildering 24.5 The annual average was roughly 44 percent, which means that more than half of hotel rooms were empty during the whole year. This means a hotel is charged every time the ad is clicked and redirection occurs.

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Data Collection for Machine Learning: Steps, Methods, and Best Practices

Altexsoft

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?

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Hotel Rate Shopping: Using Rate Intelligence for Revenue Management

Altexsoft

But does it mean that hotels must get used to living in the OTAs’ shadow and be content with monstrous fees and rate parity rules? We’ve long advocated for the hospitality business to adopt revenue management as their main strategy for succeeding in the current market. What is rate shopping and rate intelligence? Not exactly.

Hotels 59
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Hospitality Business Intelligence: Technology Specifics, Integration Problems, Business Value, and Key Providers

Altexsoft

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.

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Hotel Booking APIs: Wholesalers, Channel managers, and GDS

Altexsoft

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
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Occupancy Rate Prediction: Building an ML Module to Analyze One of the Main Hospitality KPIs

Altexsoft

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.

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