.Net Business Intelligence Development 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
Social sustainability considers the impact travel has on the well-being and development of local communities. Economic sustainability refers to the ability of businesses to plan long-term and stay profitable while maintaining ongoing sustainable practices. Sustainability in hotels and hospitality industry. Such devices include.
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Sunflower Lab
MARCH 25, 2024
All you need to know is that it is about developing an executive dashboard that applies to finance, healthcare, industrial processes, and basically all other industries. 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
It’s been a long time since it became obvious that to develop and stay competitive, businesses have to support their decision-making with data. 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.
Altexsoft
NOVEMBER 6, 2020
Today, the share of walk-ins in the hotel industry keeps reducing annually. At the time of global digitalization, 75 percent of all hotel bookings are made online. Among that, 40 percent of the reservations are made via Booking.com, 32 percent — via other aggregators, and 21 percent — through a hotel’s website.
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.
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