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Align, Engage and Rave: 3 Things I Wish I Knew as Chief Data Officer

Cloudera

Prior to forming the group, it was imperative to understand Cloudera’s corporate strategy: corporate objectives, product strategy, go-to-market strategy, key metrics and KPI. Hear a lively discussion about modern data architectures, with a CDO’s perspective. How very clever. And meet us over booth #1327.

Data 79
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Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI

Altexsoft

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
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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

In terms of software architecture, two types of dynamic pricing solutions are available on the market. KPI-driven pricing. Before, we discussed best revenue management practices for hotels ). Static hotel pricing became economically inefficient with developing online distribution and transparent prices. says Shartsis.

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Occupancy Rate Prediction: Building an ML Module to Analyze One of the Main Hospitality KPIs

Altexsoft

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