Analytics Business Intelligence Hotels Software Review 
Apiumhub
MARCH 16, 2021
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.
Altexsoft
MARCH 26, 2021
In April 2020, the hotel occupancy in the US dropped to its lowest level ever — the bewildering 24.5 The annual average was roughly 44 percent, which means that more than half of hotel rooms were empty during the whole year. This means a hotel is charged every time the ad is clicked and redirection occurs.
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Altexsoft
APRIL 8, 2022
But does it mean that hotels must get used to living in the OTAs’ shadow and be content with monstrous fees and rate parity rules? We’ve long advocated for the hospitality business to adopt revenue management as their main strategy for succeeding in the current market. What is rate shopping and rate intelligence? Not exactly.
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
AUGUST 13, 2020
Data analytics is one of the key directions for digital transformation in various industries, travel included. 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.
Altexsoft
MARCH 24, 2022
Let’s be honest, for many hotels, payment functionality is not a priority. Once integrated, the payment gateway or processing solution isn’t customarily upgraded or reviewed. Hotel payments challenges. Currently, there are four main areas where hotels experience shortcomings with their payment technology.
Altexsoft
SEPTEMBER 19, 2018
A hotel jam-packed with people isn’t always a profitable hotel. The hallmark of a successful hospitality business is the revenue. Hotels employ various revenue management techniques and strategies aimed at increasing the bottom line. Compared to airlines, revenue management in hotels evolves slowly. rooms) sold.
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