Strategy Driven

JANUARY 17, 2014

Business has always concentrated on Return on Investment (ROI) as the primary metric to calculate success. However, innovations in the neurosciences to developments in social media have revealed that profitability should no longer be relegated to sales figures and profit margins alone. What are you thinking?

Airlines 20

Airlines Marketing Sustainability Policies 20

Altexsoft

SEPTEMBER 16, 2020

Accreditation from the International Air Transport Association ( IATA ) or its US-based division, the International Airlines Travel Agent Network ( IATAN ) authorizes issuing air tickets on behalf of airlines. The Airlines Reporting Corporation or ARC works only with US travel agents. ARC Agency Code Number.

Travel 111

Travel Software Review Airlines Hotels 111

Altexsoft

JUNE 21, 2019

Analytics – metrics and reports about business, customers, and employees. Sending a booking request to supplier Once a user confirms a booking and pays via an integrated payment gateway the booking request is sent to a provider (GDS, hotel, airline, etc.). Booking desk – manual or automatic handling of bookings.

Travel 89

Travel Systems Review System Hotels 89

Altexsoft

FEBRUARY 19, 2020

Working with numerous travel booking projects and driving them to success, we’ve determined the main metrics an OTA should use to stay competitive and make data-driven decisions. These are metrics for determining the most effective channels, adverts, metasearch engines, and conversion from them. Operating metrics.

Travel 111

Travel Analytics Strategy Data 111

Apiumhub

MARCH 16, 2021

Airlines and hotel chains are big users of BI for things such as tracking flight capacity and room occupancy rates, setting and adjusting prices, and scheduling workers. Universities and school systems tap BI to monitor overall student performance metrics and identify individuals who might need assistance, among other applications.

Business Intelligence 116

Business Intelligence Tools Artificial Inteligence Technical Review 116

Apiumhub

APRIL 27, 2021

Clustering mechanisms use graphics to show where the distribution of data is in relation to different types of metrics. Organizations can base dashboards on different metrics and use visualizations to visually highlight patterns in data, instead of simply using numerical outputs of statistical models.

Artificial Inteligence 102

Artificial Inteligence Data Machine Learning Artificial Intelligence 102

Altexsoft

DECEMBER 14, 2020

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

Data Artificial Inteligence Storage Analytics 93

Altexsoft

JUNE 11, 2019

goals that are translated into product metrics). You may have an army of market analysts, a Netflix-grade A/B testing pipeline, and a machine learning bot checking social media to analyze customer sentiment. As you’ve guessed, airlines were ready to sell them for nothing just to keep aircraft to capacity. Who do we sell it to?

Strategy 93

Strategy Marketing How To UI/UX 93

Altexsoft

SEPTEMBER 19, 2018

Compared to airlines, revenue management in hotels evolves slowly. It’s compared to hotel’s historical ADR or competitors’ metrics. Total revenue per available room (TRevPAR) – a metrics that accesses total revenue, generated by property and based on room cost and money spent on it. Occupancy rate = Rooms sold / Room available.

Hotels 66

Hotels Travel KPI Analysis 66

Altexsoft

FEBRUARY 15, 2022

As a hotel, airline, OTA, or other company that works with travelers, you have to translate and customize all the elements of your digital product: Customer-facing content ( descriptions, landing pages, blog materials, FAQs and help desks , the “About us” section, terms and conditions, contacts, marketing and advertising materials etc.);

Travel 52

Travel Hotels Technical Review Systems Review 52

Altexsoft

JULY 22, 2019

The metric of unit economics, though having simple calculations, can dictate the future of your business and help understand its sustainability in the long run. An airline might look at seats sold, for a car dealership – the unit may simply be a car, while Uber takes per-hour revenue as a unit of measurement. GML × (0.8

Metrics 17

Metrics Weak Development Team Analysis Marketing 17

LeanEssays

JANUARY 22, 2018

Imagine you worked at an airline, for example, and you had an idea of how to make customers really happy: “Let’s eliminate the baggage fees!” Your manager frowns at you and says: “Have you any idea how much money those baggage fees bring into this airline every month?” For IT departments, ‘The Business’ is a proxy.

Artificial Inteligence 49

Artificial Inteligence Artificial Intelligence Weak Development Team Lambda 49

Altexsoft

APRIL 8, 2022

Here’s how dynamic pricing in airlines works. Using rate and occupancy data from competitors, you can compare your metrics and have clear benchmarking information at any moment. You can also use rate reports in conjunction with other factors impacting demand such as weather, news reports, social media signals, etc.

Hotels 59

Hotels Comparison Travel Systems Review 59