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Guide to Digitizing Hotel Upselling and Cross-Selling: Strategies and Tools

Altexsoft

Upselling and cross-selling provide hotel owners and managers with the ability to drive greater profit from the same guest by timely offering valuable services. This post aims at explaining the key hotel upselling and cross-selling strategies, ways to digitize them effectively, and examples of existing software serving that purpose.

Hotels 59
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Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

However, with the advancement of technology and the introduction of digital platforms, insurers can now frequently interact with clients, collect their data, provide personalized services and loyalty programs. Check our article on insurance technologies to have a broader overview of innovation in the industry.

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Sentiment Analysis in Hotel Reviews: Developing a Decision-Making Assistant for Travelers

Altexsoft

How long does it take an average traveler to pick up a hotel? We stayed at this hotel for five days” is neutral, “I liked staying here” is positive, and. “We We stayed at this hotel for five days” is neutral, “I liked staying here” is positive, and. “I I disliked the hotel” is negative. Step 1 — data collection.

Hotels 64
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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? Would you consider fixed costs, competitor prices, or both? Two biggest tasks businesses have to address in this regard are revenue management and price optimization. Pricing automation.

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OTA Platform: How to Choose a White-Label Solution, and When to Go Custom

Altexsoft

It will help you find your niche and make an informed decision on the right technology solution to support your business ideas. White-label solutions make building an online travel agency or OTA extremely easy and fast. You can establish your presence on the web in no time — and with minimal upfront cost. Source: Phocuswright.

Travel 52
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Friction

LeanEssays

Let’s consider the friction involved in taking a taxi from an airport to a hotel. I also bring enough local currency to pay for a taxi ride to my hotel and check on whether a tip is expected. One third of the fuel that goes into a car is spent overcoming friction. Who knew electric cars had such an advantage? That’s cognitive load.

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Technical Feasibility in Software Engineering: Things to Consider Before Development Starts

Altexsoft

Obviously, a thorough feasibility study can’t be done without deep knowledge of finance, technologies, and legislation. Yet it inevitably takes into account and depends on the available budget, timeframes, legal constraints, and post-development operations (support and maintenance.). Five types of feasibility to be explored.