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Travel Analytics: Data Sources, Use Cases, and Real-Life Examples

Altexsoft

Learn more about the functions of internal systems with our dedicated articles about hotel property management systems and passenger service systems. Loyalty program data can also be part of CRM records, including information on membership tiers or rewards earned. That’s where modern analytical methods can help you out.

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HTNG: What Hospitality Technology Next Generation Is and How It Works

Altexsoft

The adoption of, say, IoT devices gave us new ways to collect and process data. Machine learning allowed hotels and rental services to personalize offers and services. Technologies that form back offices and hotel management systems consist of various tools and structures. HTNG organization and membership.

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

We talked with experts from Perfect Price, Prisync, and a data science specialist from The Tesseract Academy to understand how various businesses can use machine learning for dynamic pricing to achieve their revenue goals. Approaches to dynamic pricing: Rule-based vs machine learning. Functionality of IBM Dynamic Pricing.

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AI in Short-Term Rentals: How Machine Learning Shapes STR

Altexsoft

This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making. The key terms that everyone should know within the spectrum of artificial intelligence are machine learning, deep learning, computer vision , and natural language processing. The early adopters, plain and simple.”

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Data Collection for Machine Learning: Steps, Methods, and Best Practices

Altexsoft

We’ll particularly explore data collection approaches and tools for analytics and machine learning projects. It’s the first and essential stage of data-related activities and projects, including business intelligence , machine learning , and big data analytics. What is data collection?

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Vacation Rental Management Company: Business Model and Growth Strategies Overview

Altexsoft

Its fee depends on the property type and market, and on top of that, it charges for a bunch of additional services like home automation, insurance, linen program, and much more. Run affiliate or referral programs? Start a franchise program. Affiliate programs. Check out the Casago affiliate program to get an idea.

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In Conversation with Mike Abell, Senior Vice President for Travel, Transport and Hospitality, NIIT Technologies

Coforge

Travel companies will need to embrace Digital Commerce, Artificial Intelligence/ Machine Learning, Predictive Analytics, IoT, and Intelligent Automation for a smooth transition. Airlines are also getting into third party products like hotels, car rentals, and insurance. Billion by 2024, by registering a 37.2%