Hotels Machine Learning Marketing Off-The-Shelf 
Altexsoft
MARCH 30, 2022
Upselling and cross-selling provide hotel owners and managers with the ability to drive greater profit from the same guest by timely offering valuable services. This post aims at explaining the key hotel upselling and cross-selling strategies, ways to digitize them effectively, and examples of existing software serving that purpose.
Altexsoft
AUGUST 9, 2023
It’s a systematic approach to handling various travel operations such as hotel bookings, flight tickets, travel policies, and reporting with the aim of cost control, adherence to corporate policies, and employee comfort and safety. Corporate travel management comes with its unique set of needs and challenges. Different booking flow.
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Altexsoft
MARCH 28, 2022
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.
Altexsoft
SEPTEMBER 6, 2018
Customer-facing applications powered by machine learning algorithms solve your customers’ problems. An expert talking about the capabilities of predictive analytics for business on a morning TV show is far from unusual. Articles covering AI or data science in Facebook and LinkedIn appear regularly, if not daily.
Altexsoft
APRIL 24, 2019
The reality is that you’ll need a more sophisticated pricing strategy to fit into today’s highly competitive market and be flexible enough to adjust to any changes. Dynamic pricing is a practice of setting a price for a product or service based on current market conditions. Would you consider fixed costs, competitor prices, or both?
Altexsoft
JUNE 25, 2022
Besides, due to the specific nature of the industry with high-value one-off payments, a big number of businesses across the world, and rapid customer consumption of services, the travel and hospitality sector is a huge target for fraud. In 2019, the travel and hospitality industry accounted for a whopping 10.3 percent of global GDP.
Altexsoft
SEPTEMBER 7, 2021
And it’s slowly paying off. Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.
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