Altexsoft
MARCH 26, 2021
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.
Altexsoft
JANUARY 19, 2022
A 2021 survey by Virtuoso revealed that 70 percent of respondents believe that traveling sustainably enhances their experience. 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.
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Altexsoft
MAY 26, 2021
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.
Altexsoft
SEPTEMBER 6, 2018
Business analytics: business intelligence and statistical analytics. Business analytics (BA) is the exploration of data through statistical and operations analysis. The purpose of BA is to monitor business processes and to use insights from data for making informed decisions. Dashboards and scorecards development.
Altexsoft
JANUARY 17, 2023
Good vacation rental management companies go the extra mile to increase guest satisfaction by sending personalized travel recommendations , pre-stay remindings, post-stay surveys, etc. Data providers and business intelligence tools. Business intelligence (BI) is crucial for any organization that wants to develop.
Altexsoft
JUNE 21, 2019
When Booking.coms and Expedias have begun cutting off chunks of sales from hotels, tour operators, and brick and mortar agencies, it became clear – tourists of today are eager to be technology-first. The provider must issue a ticket (in case of airlines) or send a booking confirmation (hotels). Hotel connection via Extranet.
Altexsoft
NOVEMBER 22, 2019
Hotel business produces a plethora of data literally every moment. Let’s take a closer look at major data management processes — data collecting, storing, and analyzing — as applied to the hotel domain. Hotel data collection: what and where to look for. Important hotel data sets and overlaps between them.
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