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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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Metasearch in Hospitality: an Overview of Hotel Search Engines

Altexsoft

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. This means a hotel is charged every time the ad is clicked and redirection occurs.

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Hotel Rate Shopping: Using Rate Intelligence for Revenue Management

Altexsoft

But does it mean that hotels must get used to living in the OTAs’ shadow and be content with monstrous fees and rate parity rules? We’ve long advocated for the hospitality business to adopt revenue management as their main strategy for succeeding in the current market. What is rate shopping and rate intelligence? Not exactly.

Hotels 59
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Hotel Booking APIs: Wholesalers, Channel managers, and GDS

Altexsoft

If you want to sell/advertise hotel rooms, you inevitably stumble over these three technical pitfalls: How do you find hotel room APIs and what kind of providers are out there? How do you find hotel content? How do you map hotel room inventory? How hotel distribution works. Bonus) APIs for hotels.

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Central Reservation System for Hotels: CRS Functionality and Software Explained

Altexsoft

Today, the share of walk-ins in the hotel industry keeps reducing annually. At the time of global digitalization, 75 percent of all hotel bookings are made online. Among that, 40 percent of the reservations are made via Booking.com, 32 percent — via other aggregators, and 21 percent — through a hotel’s website.

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

Altexsoft

In the hospitality industry, choosing the right metrics and carefully tracking them can help you as the hotelier or hotel manager to understand how your hotel is performing, compare it with your competitors, and possibly find the weak points and opportunities for improvement. Occupancy rate, ADR, and ALOS: basic operational metrics.

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