Altexsoft

APRIL 24, 2019

Such a pricing strategy can lead to bad reviews, complaints, or worse. The expert recalls cases when clients were charged preposterous fees for short rides due to extremely high demand, for instance, during the New Year’s Eve. Customers don’t like to feel like they’ve paid more than other people for the same product or service.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

Altexsoft

NOVEMBER 15, 2022

While occupancy rate is essential for deciding whether your management strategies succeed or fail, there are a few things you should keep in mind regarding this KPI. Along with other hospitality metrics like RevPAR , the occupancy rate is an important KPI that allows better and more accurate revenue management aimed at maximizing income.

Hotels 52

Hotels Machine Learning Artificial Inteligence KPI 52

Altexsoft

MAY 26, 2021

So, the aim of this article is to describe the main KPIs typically adopted by hotels to support their business analysis. Despite its simplicity, the occupancy rate is an important KPI that shows how full your hotel is. Same as the RevPAR, this KPI doesn’t consider any input costs, so it can’t show the ultimate profit.

Hotels 64

Hotels Metrics Performance KPI 64