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Choice Hotels’ all-in cloud journey to sustainable business value

CIO

Choice Hotels International’s early and big bet on the cloud has allowed it to glean the many benefits of its digital transformation and devote more energies to a key corporate value — sustainability, its CIO maintains. It also helped reduce energy consumption and costs. I am in the business of hospitality.

Hotels 362
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OTA Insight books $80M for its hospitality business intelligence tools, used by 55K hotel properties globally

TechCrunch

Now, OTA Insight — a company that builds business intelligence tools for one of the key sectors in that space, hotels — is announcing a round of funding as it too picks up more business on the upswing. And yet after they arrived they could see that a lot of hotels had spaces and were drastically dropping prices.

Hotels 224
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What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028. As such it can help adopters find ways to save and earn money.

Analytics 363
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How Attribute-Based Shopping Will Change Hotel Booking

Altexsoft

When searching for hotel rooms, parents with young children may very much prefer to not have a fireplace or a high floor view, while honeymooners may be willing to pay to have both a fireplace and a view. Many hotels, though, still use an old shopping model. shift to more premium rooms and rates ” even in its early trials with ABS.

Hotels 111
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How Palladium targets tech to better serve the business

CIO

The result was what is now the Palladium Hotel Group, a hotel chain with 10 different brands spread across Spain, Italy, Mexico, Brazil, Jamaica, and the Dominican Republic. To do this, he and his team have worked based on a technological roadmap, which has led them to be industry leaders.

Hotels 246
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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. The hospitality industry was among those that suffered the most because of the COVID-19 pandemic.

Hotels 119
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5 ways AI is showing promise as a decision-maker

CIO

Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area. Predictive maintenance AI tools enable proactive maintenance approaches, using data analytics to detect anomalies in equipment and processes—such as the performance of jet engines—so they can be fixed before they fail.