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Hotel Online Payments: How and Why to Transform Your Payment Process

Altexsoft

Let’s be honest, for many hotels, payment functionality is not a priority. Once integrated, the payment gateway or processing solution isn’t customarily upgraded or reviewed. Hotel payments challenges. Currently, there are four main areas where hotels experience shortcomings with their payment technology.

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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Tour Operator Software: Itinerary Creator, Booking Engine, and Other Handy Technologies

Altexsoft

In 1841, its founder chartered a train to carry temperance supporters to a meeting 12 miles away – and that was the world’s first package tour. So, let’s talk about what to look for and how technology can help you with both your tasks at hand and strategic purposes. Tour operator technology solutions.

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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.

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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
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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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How to Choose a Data Science and AI Consulting Company

Altexsoft

An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Due to a surfeit of information about AI and big data on the Internet, companies can assume that data analysis is the solution for most of their data-related issues. For instance, we had such a case in our work.

Company 63