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Metasearch in Hospitality: an Overview of Hotel Search Engines

Altexsoft

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.

Hotels 119
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Sustainable Travel: Opportunities Digital Technology Provides for a Greener Business

Altexsoft

A 2021 survey by Virtuoso revealed that 70 percent of respondents believe that traveling sustainably enhances their experience. It means that people want to travel responsibly, so hotels, airlines, and tour companies have to keep up and satisfy their customers (and attract new ones). Sustainability in hotels and hospitality industry.

Travel 95
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How to Choose a Data Science and AI Consulting Company

Altexsoft

Data science and artificial intelligence are hot media topics. An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Business analytics: business intelligence and statistical analytics. Four types of analytics.

Company 63
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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

In the hospitality industry, choosing the right metrics and carefully tracking them can help you as the hotelier or hotel manager to understand how your hotel is performing, compare it with your competitors, and possibly find the weak points and opportunities for improvement. Occupancy rate, ADR, and ALOS: basic operational metrics.

Hotels 64
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The Good and the Bad of the Elasticsearch Search and Analytics Engine

Altexsoft

What if we told you that one of the world’s most powerful search and analytics engines started with the humble goal of organizing a culinary enthusiast’s growing list of recipes? First publicly introduced in 2010, Elasticsearch is an advanced, open-source search and analytics engine that also functions as a NoSQL database.

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Vacation Rental Management Company: Business Model and Growth Strategies Overview

Altexsoft

Good vacation rental management companies go the extra mile to increase guest satisfaction by sending personalized travel recommendations , pre-stay remindings, post-stay surveys, etc. Data providers and business intelligence tools. Business intelligence (BI) is crucial for any organization that wants to develop.

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

Altexsoft

When Booking.coms and Expedias have begun cutting off chunks of sales from hotels, tour operators, and brick and mortar agencies, it became clear – tourists of today are eager to be technology-first. Business rules – the logic behind the decision-making of an organization. Hotel connection via Extranet.

Travel 89