CIO
NOVEMBER 20, 2023
Now they’re eyeing a next-phase opportunity—relying on machine intelligence to handle complex decisions. “If Outcomes are fed back into machine learning models to improve prediction accuracy continually. Artificial Intelligence AI makes this capability available to any business.
CIO
NOVEMBER 17, 2023
For IHG Hotels and Resorts, the cloud provides just the right accommodation for business success. Over a period of six months, we created an entirely new demand forecasting model, leveraging the capabilities in the cloud,” he says by way of example.
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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. and have it delivered to their shops by 7 a.m.
TechCrunch
APRIL 27, 2021
“In the public markets, there are many players in hospitality property management,” said co-founder and CEO Amiad Soto. “Definitely for major hotels, there are going to be big changes, but for vacation rentals and boutique-style hotels that offer different experience, this a lot more accessible and a lot more appealing.
Altexsoft
OCTOBER 12, 2023
With the right RMS in place, hotels and vacation rentals can optimize room pricing, enhance occupancy rates, and boost overall revenue. From analyzing real-time data to making forecasts about future trends, these systems provide functionality for staying ahead in a dynamic hospitality market. Scalable solutions for different needs.
CIO
JULY 11, 2023
For example: at the time the Four Seasons hotel chain was founded , “Traditionally, hotel employees were poorly paid and considered transient and replaceable.” But now imagine the opposite case: another hotel chain that still operates on a “high expected turnover” model. Artificial Intelligence, Machine Learning
Altexsoft
MARCH 26, 2021
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.
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