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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Australian experiential tourism company Journey Beyond recently revamped its contact center as part of a customer experience transformation.

Budget 362
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Data analytics: your complete guide to big data consulting

Agile Engine

It uses statistical algorithms, machine learning techniques, and modeling to make predictions about what might happen. It leverages optimization algorithms, simulation, and machine learning to recommend actions that can maximize desired outcomes or minimize undesired ones.

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Occupancy Rate Prediction: Building an ML Module to Analyze One of the Main Hospitality KPIs

Altexsoft

Read on to find out what occupancy prediction is, why it’s so important for the hospitality industry, and what we learned from our experience building an occupancy rate prediction module for Key Data Dashboard — a US-based business intelligence company that provides performance data insights for small and medium-sized vacation rentals.

Hotels 52
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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. The data also indicates that more and more companies in the sector tie their bright future with… data. Airbnb data.

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

Altexsoft

It inevitably affects tourism volumes and hence — flight demand, hotel occupancy rates , and other aspects of the travel business. Watch our video to learn more. Business intelligence and machine learning: advanced approaches to pricing. Seasonality. Seasonal travel explained. Product type.