article thumbnail

Sustainable Travel: Opportunities Digital Technology Provides for a Greener Business

Altexsoft

It means that people want to travel responsibly, so hotels, airlines, and tour companies have to keep up and satisfy their customers (and attract new ones). Sustainability in hotels and hospitality industry. To learn more about IoT, automation, and other smart hotel technologies, check our recent post. Here are some examples.

Travel 95
article thumbnail

Power BI Executive Dashboard: Actionable Insights for Leaders

Sunflower Lab

Key Metrics for Your Power BI Executive Dashboard The starting point of any executive dashboard in Power BI is to identify and highlight the metrics that truly drive your business. For most organizations, these key metrics can be divided into three broad categories.

Metrics 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Short-Term and Vacation Rental Data: Sources and Analysis

Altexsoft

According to the Global Vacation Rental Report 2022 , 40 percent of property managers rely on market business intelligence (BI) or analytics services, a big leap compared to just 13 percent before the COVID-19 outbreak. Vacation rentals usually offer guests more attractive prices than hotels along with a more private setting.

article thumbnail

Vacation Rental Revenue Management: Dynamic Pricing Tools by Beyond, PriceLabs, Airbnb, Vrbo, and More

Altexsoft

From sharing a corner in your living room with an air mattress to running a whole hotel-like operation with multiple properties, alternative accommodation hosts today can make bank. Hotels want to be like Airbnbs, investing in unique, homey properties where people come to live, rest, and work. Hotels and vacation rentals, compared.

Hotels 52
article thumbnail

OTA Rates and Building ?ommission Engine: Best Practices and Lessons Learnt

Altexsoft

They help hotels, airlines, car rental services, and other suppliers sell inventory to end customers — and charge fees for this mediation. Though the business scheme is quite straightforward, the same can’t be said for the financial calculations behind it. A big effort needs to be put into setting and finetuning profitable prices.

article thumbnail

RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

It’s vital to understand what information can be useful and give a better understanding of business processes — not only to measure success, but also aid in making decisions. In other words, a certain number of metrics and KPIs has to be set up, monitored, and analyzed to be turned into valuable insights. Occupancy rate.

Hotels 64
article thumbnail

Business Intelligence tools & use cases

Apiumhub

With more and more data available, it’s getting more difficult to focus on the information we really need and present it in an actionable way and that’s what business intelligence is all about. In this article we will talk about Business Intelligence tools, benefits & use cases. . What is Business Intelligence.