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Travel app Hopper raises $96M from Capital One to double down on social commerce

TechCrunch

Hopper’s tech already powers Capital One Travel and Premier Collection, Capital One’s marketplace of hotels and resorts exclusive to Capital One Venture X cardholders. It’s a safe bet that similar experiences along that vein are forthcoming. Image Credits: Hopper. billion this year.

Travel 267
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Closed User Groups in Travel: Benefits, Examples, and Best Practices to Enable a CUG Strategy

Altexsoft

In this blog post, we’ll show you how to implement and take advantage of a closed user group strategy. They are a way for travel vendors to offer discounted airfares, hotels, car rentals , and other perks and benefits to certain clients, while also potentially increasing sales and customer loyalty. What is a closed user group?

Travel 97
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Travel Analytics: Data Sources, Use Cases, and Real-Life Examples

Altexsoft

Learn more about the functions of internal systems with our dedicated articles about hotel property management systems and passenger service systems. Analyzing external data helps travel businesses stay competitive, adapt to shifting market conditions, and make well-informed choices regarding pricing, promotion, and overall strategies.

Travel 52
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Hotel Price Prediction: Hands-On Experience of ADR Forecasting

Altexsoft

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
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Reimagining Technology and Human Contact in the Next-Generation Passenger Journey – Part 2

Coforge

In my previous blog, Reimagining Technology and Human Contact in the Next-Generation Passenger Journey , I had recounted Neil’s travel journey and explored the critical role that technology played in it. Nathan reviews the upgrade price and confirms it. Ted gets on the company intranet to reserve Nathan’s travel.

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How to Choose a Data Science and AI Consulting Company

Altexsoft

An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Price prediction engines (e.g. Fareboom or Kayak fare predictions). Price, sales, or demand forecasting. Customer lifetime value prediction. Mezi travel assistant or Expedia chatbot).

Company 63
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Natural Language Processing: A Guide to NLP Use Cases, Approaches, and Tools

Altexsoft

It predicts the next word in a sentence considering all the previous words. After training the model, data scientists test and validate it to make sure it gives the most accurate predictions and is ready for running in real life. By capturing relationships between words, the models have increased accuracy and better predictions.

Tools 139