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OTA Insight books $80M for its hospitality business intelligence tools, used by 55K hotel properties globally

TechCrunch

Travel and tourism, two of the hardest-hit industries in the Covid-19 pandemic, are slowly starting to show some signs of recovery. The plan will be to now use this injection of cash to drive more business in what is still a very untapped market, said CEO Sean Fitzpatrick.

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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%). Low code/no code solutions give business teams the ability to deliver changes quickly,” he says. The unified communications market’s meager 1.6%

Budget 363
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6 tips for making the most of a tight IT budget

CIO

For the freight transportation company, business intelligence (BI) is one area where IT can have a top-line impact. “We Today, there are lots of cost-effective storage solutions available in the market that allow CIOs to store huge amounts of information for next to nothing,” she says. Are we on the right cloud platform?

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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. Market research: where is the best place to invest in vacation rentals? How does data come in useful?

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

Altexsoft

In this article, we’ll share our experience of building commission engines — a special type of travel agency software that helps revenue managers adjust fees and stay competitive under challenging market conditions. Understanding marketing in travel. Fees depend on the market share and exposure of the OTA, hotel size, and location.

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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.

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Data analytics: your complete guide to big data consulting

Agile Engine

Key takeaways Any organization that operates online and collects data can benefit from a data analytics consultancy, from blockchain and IoT, to healthcare and financial services The market for data analytics globally was valued at $112.8 Collect the raw data 
Gather data from internal sources like databases, marketing tools, CRMs etc.