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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.

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Hospitality Business Intelligence: Technology Specifics, Integration Problems, Business Value, and Key Providers

Altexsoft

And hospitality is no exception: the hotel industry operates large amounts of data by its nature. As business grows, these become impossible to analyze and keep track of manually or using spreadsheets. Business intelligence (BI) exists to address the problem of capturing and understanding data. Hotel data sources.

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Open Pricing Strategy for Hotel Revenue Management: Concept, Advantages, Tools, and Implementation Steps

Altexsoft

As a hotel revenue manager, one of your key responsibilities is creating a pricing strategy tailored to the property and its market. Many hotels still rely on a fixed pricing strategy that uses a tiered pricing system based on room types. This article explores the concept of open pricing and how it can benefit hotels that implement it.

Hotels 52
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Sustainable Travel: Opportunities Digital Technology Provides for a Greener Business

Altexsoft

Greenhouse gases (tourism is responsible for around 8 percent of global carbon emissions, three-quarters of which is due to aviation), local resource overuse (e.g., Greenhouse gases (tourism is responsible for around 8 percent of global carbon emissions, three-quarters of which is due to aviation), local resource overuse (e.g.,

Travel 95
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Hotel Revenue Management: Solutions, Best Practices, Revenue Manager’s Role

Altexsoft

A hotel jam-packed with people isn’t always a profitable hotel. The hallmark of a successful hospitality business is the revenue. Hotels employ various revenue management techniques and strategies aimed at increasing the bottom line. Compared to airlines, revenue management in hotels evolves slowly. rooms) sold.

Hotels 66
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Analytics Maturity Model: Levels, Technologies, and Applications

Altexsoft

In this article, we will discuss how companies collect, manage, and get value out of their data, which technologies can be used in this process, and what problems can be solved with the help of analytics. Different technologies and methods are used and different specialists are involved. What is analytics maturity model?

Analytics 102
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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.