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Travel Fraud Protection: Key Types of Travel Scam, Protective Measures, and Software to Consider

Altexsoft

Besides, due to the specific nature of the industry with high-value one-off payments, a big number of businesses across the world, and rapid customer consumption of services, the travel and hospitality sector is a huge target for fraud. In 2019, the travel and hospitality industry accounted for a whopping 10.3 percent of global GDP.

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How to Choose a Data Science and AI Consulting Company

Altexsoft

Innovata, which was incorporated by the FlightGlobal news and information site, is a leading provider of historical, current, and future schedule data for more than 900 airlines worldwide. Customer-facing applications powered by machine learning algorithms solve your customers’ problems. Price prediction engines (e.g.

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AI in Short-Term Rentals: How Machine Learning Shapes STR

Altexsoft

This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making. The key terms that everyone should know within the spectrum of artificial intelligence are machine learning, deep learning, computer vision , and natural language processing.

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Airline Loyalty Programs: Main Aspects, Types, and a Technological Perspective

Altexsoft

A few years ago, Joe DeNardi, a Stifel analyst, published a sensational report that contained estimated values of some of the biggest US airlines’ loyalty programs. According to it, American Airlines’ AAdvantage was worth $37.6 All these impressive numbers unveil the hidden power behind airlines’ loyalty programs. Those include.

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Travel Booking Engines: Types, Functionality, and Integrations

Altexsoft

Without this software component, you can neither sell nor buy airline tickets or hotel reservations through the Internet. The key systems on the suppliers’ side are: Global Distribution Systems ( GDSs ), bed banks , airline consolidator databases, hotel property management systems ( PMSs ), and. airline reservation systems ( ARSs ).

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