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Sentiment Analysis in Hotel Reviews: Developing a Decision-Making Assistant for Travelers

Altexsoft

How long does it take an average traveler to pick up a hotel? It applies natural language processing (NLP) and machine learning to detect, extract, and study customers’ perceptions about the product or service. We stayed at this hotel for five days” is neutral, “I liked staying here” is positive, and. “I So, let’s start!

Hotels 64
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Short-Term and Vacation Rental Data: Sources and Analysis

Altexsoft

This term refers to hotel alternatives that can be booked for several days or weeks (hence, the second name — short-term rentals.) Vacation rentals usually offer guests more attractive prices than hotels along with a more private setting. Vacation and short-term rentals are experiencing a post-COVID renaissance.

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Travel Booking Engines: Types, Functionality, and Integrations

Altexsoft

Without this software component, you can neither sell nor buy airline tickets or hotel reservations through the Internet. The key systems on the suppliers’ side are: Global Distribution Systems ( GDSs ), bed banks , airline consolidator databases, hotel property management systems ( PMSs ), and. How a travel booking engine works.

Travel 69
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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. Would you consider fixed costs, competitor prices, or both? Dynamic pricing strategy 101 and key approaches.

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Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

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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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.

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Airline Loyalty Programs: Main Aspects, Types, and a Technological Perspective

Altexsoft

Besides earning and spending points with a specific airline, members can take advantage of partner networks. A few years ago, Joe DeNardi, a Stifel analyst, published a sensational report that contained estimated values of some of the biggest US airlines’ loyalty programs. According to it, American Airlines’ AAdvantage was worth $37.6