TechCrunch

SEPTEMBER 12, 2022

He explained that restaurants, hotels and catering companies typically have to go to crowded markets, negotiate with several vendors, verify the quality of the products and arrange for transportation — often having to drive hours to pick it up themselves. Alima , a Mexico-based supply chain startup, raised $1.5

Artificial Inteligence 202

Artificial Inteligence Hotels Artificial Intelligence Transportation 202

CIO

JUNE 5, 2023

Plant operators use predictive monitoring to keep connected machines from breaking down, increasing uptime and product output. The cost savings and other benefits from automation and improved efficiencies across thousands of stores, gas stations, hotels, or restaurants can be significant. Those are all examples of unified experiences.

Network 243

Network Artificial Inteligence Energy Artificial Intelligence 243

Altexsoft

MARCH 30, 2022

Upselling and cross-selling provide hotel owners and managers with the ability to drive greater profit from the same guest by timely offering valuable services. This post aims at explaining the key hotel upselling and cross-selling strategies, ways to digitize them effectively, and examples of existing software serving that purpose.

Hotels 59

Hotels Tools Strategy Off-The-Shelf 59

Xicom

AUGUST 13, 2020

Here, I am sharing some technology trends for online booking to answer the most frequently asked questions: How sustainability is driving hotel decisions? Thus, the flight booking and hotel stay procedure should be simple. By now, you must have decided to offer an on-demand online hotel reservation. Machine Learning.

Hotels 52

Hotels Artificial Inteligence Travel Artificial Intelligence 52

CIO

JANUARY 4, 2023

Many CIOs don’t know where to start,” says Brian Kirkland, CIO at Choice Hotels and founding board member for SustainableIT.org, a nonprofit launched to help create frameworks and standards around sustainability. Data management, automation, analytics is critical to reviewing our progress in ESG,” she says. “As

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Sustainability Technical Review Nonprofit Data Center 328

Altexsoft

MARCH 22, 2023

Together, the two companies have developed a one-stop platform for travelers that streamlines the booking process through dynamically generating hundreds of millions of package options with flights and hotels for a wide array of destinations. Instead, Awai offers dynamically generated packages that include flights and accommodation.

Travel 52

Travel Hotels Airlines Machine Learning 52

TechCrunch

MAY 2, 2022

To address some of the challenges around credit card co-branding, Dan Duncan, the cofounder of credit card issuers Mercury Financial, launched Concerto , a startup that develops credit card programs for brands using “advanced data analytics.” Concerto today announced that it has raised $21.2 Nearly 53% of all U.S.

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Banking Programming Airlines Artificial Inteligence 210

Altexsoft

MAY 31, 2022

Participating organizations included hotels, airlines, online travel agencies, travel management companies, destination management companies, and others. . For over 14 years, we have modernized existing solutions, improved customer experience, and help companies tap into their data potential with predictive analytics and machine learning.

Travel 52

Travel Marketing Tourism Airlines 52

Altexsoft

APRIL 19, 2022

From sharing a corner in your living room with an air mattress to running a whole hotel-like operation with multiple properties, alternative accommodation hosts today can make bank. Hotels want to be like Airbnbs, investing in unique, homey properties where people come to live, rest, and work. Hotels and vacation rentals, compared.

Hotels 52

Hotels Tools Software Review Systems Review 52

Cloudera

MARCH 3, 2022

Whether the enterprise uses dozens or hundreds of data sources for multi-function analytics, all organizations can run into data governance issues. stemmed from a 2018 data breach, when the global hotel chain’s 339 million customers’ data was exposed. Everyone Fails Data Governance. In 2019, the U.K.’s In 2019, the U.K.’s

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Government Enterprise Systems Review Data 103

Altexsoft

DECEMBER 30, 2022

They help hotels, airlines, car rental services, and other suppliers sell inventory to end customers — and charge fees for this mediation. It unfolds as follows: A supplier (for example, an airline or hotel) sets the final prices (gross rates) and passes them to an OTA. How an agency model and merchant model differ.

Engineering 52

Engineering Hotels Travel .Net 52

Altexsoft

MARCH 28, 2022

According to the Global Vacation Rental Report 2022 , 40 percent of property managers rely on market business intelligence (BI) or analytics services, a big leap compared to just 13 percent before the COVID-19 outbreak. Vacation rentals usually offer guests more attractive prices than hotels along with a more private setting.

Analysis 52

Analysis Data Software Review Technical Review 52

Altexsoft

AUGUST 9, 2023

It’s a systematic approach to handling various travel operations such as hotel bookings, flight tickets, travel policies, and reporting with the aim of cost control, adherence to corporate policies, and employee comfort and safety. Their interaction is centered around reporting, analytics, and oversight features.

Travel 52

Travel B2B Off-The-Shelf Hotels 52

Invid Group

MAY 27, 2020

Why Predictive Analysis Tools are Important for your Business BY: NEISHA SANTIAGO Predictive Analysis is the use of data, statistical algorithms, and machine learning procedures to identify the likelihood of anticipated results based on historical data. Predictive analytics allows organizations to operate more efficiently.

Analysis 52

Analysis Tools Airlines Analytics 52

Altexsoft

FEBRUARY 21, 2023

Hotel price prediction is a critical aspect of the travel industry, and with the rise of machine learning , it has become more precise and accurate. The key objective behind this task is to set the best booking prices to entice customers and ensure that hotels take full advantage of their business potential.

Hotels 52

Hotels Machine Learning Artificial Inteligence Travel 52

Altexsoft

JULY 3, 2020

Machine learning allowed hotels and rental services to personalize offers and services. Technologies that form back offices and hotel management systems consist of various tools and structures. This organization facilitates discussion around hotel technologies, and joins: hospitality businesses, technology vendors, and.

Technical Review 76

Technical Review Technology Hotels Systems Review 76

Altexsoft

MAY 23, 2023

Revenue Per Available Room, or RevPAR, has emerged as a crucial key performance indicator (KPI) for assessing a hotel’s financial well-being and prosperity. This significant metric enables hotel owners to evaluate their property’s performance by considering both occupancy rates and average daily rates (ADR).

Hotels 59

Hotels KPI Artificial Inteligence Strategy 59

Altexsoft

APRIL 24, 2019

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Approaches to dynamic pricing: Rule-based vs machine learning. Functionality of IBM Dynamic Pricing.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

Altexsoft

SEPTEMBER 6, 2018

An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Some companies approach data science vendors to build products whose key functionality is centered around machi ne learning. Business analytics: business intelligence and statistical analytics.

Company 63

Company Off-The-Shelf Data Software Review 63

Altexsoft

JUNE 25, 2022

Artificial intelligence and machine learning tools are widely adopted within the insurance sector to automate claim processing. This can be, for example, submitting a refund claim for hotel costs for a business trip an employee actually turns into leisure (do not mistake it for bleisure ).

Travel 52

Travel Software Review Software Airlines 52

Altexsoft

MAY 5, 2023

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. The early adopters, plain and simple.”

Artificial Inteligence 59

Artificial Inteligence Machine Learning Technical Review ChatGPT 59

Altexsoft

SEPTEMBER 7, 2021

It uses machine learning to capture more nuanced customer behavior patterns. Indiana Farm Bureau Insurance partnered with BDO Digital to build a predictive analytics model. However, before implementing machine learning and predictive lead scoring, you need data. Predictive lead scoring. Data analysis and use.

Insurance 59

Insurance Technical Review Strategy Technology 59

Altexsoft

JUNE 26, 2023

We’ll particularly explore data collection approaches and tools for analytics and machine learning projects. It’s the first and essential stage of data-related activities and projects, including business intelligence , machine learning , and big data analytics. What is data collection?

Artificial Inteligence 52

Artificial Inteligence Machine Learning Data Systems Review 52

Altexsoft

FEBRUARY 26, 2019

In general, price forecasting is done by the means of descriptive and predictive analytics. Descriptive analytics. Descriptive analytics rely on statistical methods that include data collection, analysis, interpretation, and presentation of findings. In short, this analytics type helps to answer the question of what happened?

Real Estate 69

Real Estate Artificial Inteligence Machine Learning Hotels 69

Altexsoft

AUGUST 26, 2022

And the booking process , in turn, takes a minute on average, allowing users to quickly choose and buy travels from major airlines and hotels across 180 countries. The platform also features safety scores that reflect a crime level, COVID-19 restrictions, and whether a particular hotel meets health and safety protocols.

Tourism 52

Tourism Travel Trends Sustainability 52

Zensar

OCTOBER 8, 2018

Video Indexer – It is built using Azure Media Analytics, cognitive services & Azure Search. Text Analytics – It works on text data and functions such as sentiment analysis, language detection and key phrase extraction. Bing Entity Search – This API mainly returns local results like hotel, restaurants etc.

Azure 40

Azure Video Machine Learning Artificial Inteligence 40

Coforge

AUGUST 23, 2018

Based on the preferences that Ted has set on behalf of Nathan, the booking is completed in his preferred airline and hotel chain in San Diego. The airline also notifies the hotel in real-time regarding the flight arrival time and estimated hotel check-in time using real-time traffic information.

Technical Review 40

Technical Review Airlines Technology Hotels 40

Altexsoft

JANUARY 21, 2022

Our sentiment analysis tool for aggregating hotel reviews is a good example. The team was challenged with testing what machine learning model would work best for labeling sentiment in reviews. Generate real analytics. Choicy is now used as a demo for our clients in the travel technology market.

Software Review 52

Software Review Software Technical Review How To 52

TIBCO - Connected Intelligence

OCTOBER 28, 2020

Major events have been canceled or postponed, corporate travel restrictions have caused hotels to empty, and major hotel chains are canceling cancellation fees for current and upcoming bookings to at least secure future business and avoid losing potential customers. Complete Turnaround. and seize new revenue opportunities.

Telecommunications 34

Telecommunications Technical Review Hotels Transportation 34

AWS Machine Learning - AI

NOVEMBER 22, 2023

You marked your calendars, you booked your hotel, and you even purchased the airfare. Now all you need is some guidance on generative AI and machine learning (ML) sessions to attend at this twelfth edition of re:Invent. Yes, the AWS re:Invent season is upon us and as always, the place to be is Las Vegas!

Generative AI 106

Generative AI Artificial Inteligence AWS Machine Learning 106

Altexsoft

SEPTEMBER 10, 2022

Every now and then, a big hotel brand introduces its own take on the “hotel room of the future”. The Internet of Things (IoT) and machine learning that are powering smart hotel applications are accessible to everyone bold enough to try. What is a smart hotel? IoT hospitality applications. Mobile keys.

Hotels 59

Hotels IoT Infrastructure Technical Review 59

InfoBest

FEBRUARY 16, 2022

The tools available are data analytics, APIs, machine learning, and, of course, agile procedures. As an example, Airbnb and regular hotels come to mind. Digital transformation can be purely focused on processes that need to be reimagined to fit other markets, channels of distribution, or to reach a wider public.

Hotels 52

Hotels Testing Organization Technology 52

Altexsoft

JUNE 21, 2023

The Average Daily Rate (ADR) — one of the leading hotel KPIs for gauging performance and profit — has gained considerable importance, and for a reason. We also investigate predicting ADR through machine learning and strategies to enhance this KPI. Example 1: Small boutique hotel. What is ADR?

KPI 52

KPI Hotels Strategy Machine Learning 52

TIBCO - Connected Intelligence

DECEMBER 2, 2020

Major events have been canceled or postponed, corporate travel restrictions have caused hotels to empty, and major hotel chains are canceling cancellation fees for current and upcoming bookings to at least secure future business while avoiding losing potential customers. Complete turnaround.

Technical Review 26

Technical Review Technology Systems Review Telecommunications 26

Altexsoft

SEPTEMBER 21, 2023

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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Weak Development Team Analytics Engineering Development Team Review 52

Altexsoft

NOVEMBER 15, 2022

The occupancy rate is a key indicator of the historical, current, and looking-forward performance of a hotel or vacation rental business. The occupancy rate in hospitality is the share of occupied hotel rooms or vacation rental units at a given time. Overall, average hotel occupancy rates range between 65 and 80 percent.

Hotels 52

Hotels Machine Learning Artificial Inteligence KPI 52

CTOvision

DECEMBER 21, 2013

Get the most from all your data assets, analytics, and teams to enable your mission, efficiently and on budget. Location : The Hotel at Arundel Preserve. The Evolution of Machine Learning from Science to Software. 7795 Arundel Mills Blvd. Hanover, MD. Here is the agenda : 8:00 AM. Track One : 1:00 PM.

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Big Data CTO Data Government 113