.Net Analytics Business Intelligence Hotels 
Altexsoft
DECEMBER 30, 2022
They help hotels, airlines, car rental services, and other suppliers sell inventory to end customers — and charge fees for this mediation. Though the business scheme is quite straightforward, the same can’t be said for the financial calculations behind it. Net contracted model. How an agency model and merchant model differ.
Altexsoft
JANUARY 19, 2022
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). Transformation plans to reach so-called net-zero emissions by 2050 are developed and submitted. Sustainability in hotels and hospitality industry. Here are some examples.
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Sunflower Lab
MARCH 25, 2024
They become the clear and transparent view for your business, allowing the analysis of the state of affairs from different perspectives and with the aid of various indicators. Customer Retention Rates: Customer retention rates indicate the percentage of customers that continue to do business with a company over a specific period.
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
MAY 26, 2021
In the hospitality industry, choosing the right metrics and carefully tracking them can help you as the hotelier or hotel manager to understand how your hotel is performing, compare it with your competitors, and possibly find the weak points and opportunities for improvement. Occupancy rate, ADR, and ALOS: basic operational metrics.
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. As business grows, these become impossible to analyze and keep track of manually or using spreadsheets.
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.
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