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

Altexsoft

NOVEMBER 15, 2022

While occupancy rate is essential for deciding whether your management strategies succeed or fail, there are a few things you should keep in mind regarding this KPI. Along with other hospitality metrics like RevPAR , the occupancy rate is an important KPI that allows better and more accurate revenue management aimed at maximizing income.

Hotels 52
Hotels Machine Learning Artificial Inteligence KPI 52
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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

APRIL 24, 2019

KPI-driven pricing. Special attention is paid to predicting demand during extreme cases, such as sporting events, concerts, holidays, or adverse weather. “Our software works with massive amounts of data, both internal and external. says Shartsis. The rideshare giant enables a multiplier (i.e.,

Machine Learning 73
Machine Learning Artificial Inteligence Software Review Retail 73
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