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Sustainable Travel: Opportunities Digital Technology Provides for a Greener Business

Altexsoft

The concept of sustainability encompasses three interrelated categories: social, economic, and environmental. Social sustainability considers the impact travel has on the well-being and development of local communities. All of these aspects are tightly intertwined so a sustainable travel business has to consider all of them.

Travel 95
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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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Managing an Online Travel Agency: How Back Office System of an OTA Works

Altexsoft

Business rules – the logic behind the decision-making of an organization. Analytics – metrics and reports about business, customers, and employees. The provider must issue a ticket (in case of airlines) or send a booking confirmation (hotels). Booking desk – manual or automatic handling of bookings.

Travel 89
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Data Mining: use cases & benefits

Apiumhub

Data mining is the process of analyzing massive volumes of data to discover business intelligence that helps companies solve problems, mitigate risks, and seize new opportunities. Clustering mechanisms use graphics to show where the distribution of data is in relation to different types of metrics. What is Data Mining.

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Structured vs Unstructured Data: Compared and Explained

Altexsoft

Pretty much everyone has dealt with booking a ticket via one of the airline reservation systems or withdrawing cash using an ATM. There is a wide array of forms that make up unstructured data such as email, text files, social media posts, video, images, audio, sensor data, and so on. emails, social media posts, sensor data, etc.

Data 93
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Hotel Revenue Management: Solutions, Best Practices, Revenue Manager’s Role

Altexsoft

The hallmark of a successful hospitality business is the revenue. Compared to airlines, revenue management in hotels evolves slowly. Seventy-one percent of hotel businesses worldwide are looking for smarter and more efficient ways to do business, according to Global Hotel Business Index 2018.

Hotels 66
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Hotel Rate Shopping: Using Rate Intelligence for Revenue Management

Altexsoft

To make this knowledge more accessible and useful, it’s typically manifested into business intelligence reports and live dashboards. Any sections of those reports that may help hoteliers make informed pricing decisions are known as rate intelligence. Here’s how dynamic pricing in airlines works.

Hotels 59