Altexsoft
MARCH 26, 2021
In April 2020, the hotel occupancy in the US dropped to its lowest level ever — the bewildering 24.5 The annual average was roughly 44 percent, which means that more than half of hotel rooms were empty during the whole year. This means a hotel is charged every time the ad is clicked and redirection occurs.
Altexsoft
OCTOBER 12, 2023
With the right RMS in place, hotels and vacation rentals can optimize room pricing, enhance occupancy rates, and boost overall revenue. What is a revenue management system for hotels? Learn more about hotel revenue management in our video. Revenue management software for hotels is generally flexible.
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Altexsoft
SEPTEMBER 10, 2022
Every now and then, a big hotel brand introduces its own take on the “hotel room of the future”. The Internet of Things (IoT) and machine learning that are powering smart hotel applications are accessible to everyone bold enough to try. What is a smart hotel? IoT hospitality applications. Mobile keys.
Altexsoft
APRIL 8, 2022
But does it mean that hotels must get used to living in the OTAs’ shadow and be content with monstrous fees and rate parity rules? Let’s talk about the many opportunities that rate shopping might bring for a hotel. Dynamic pricing engines can be based on rules or on machine learning. Not exactly. Demand forecasting.
Altexsoft
AUGUST 26, 2020
If you want to sell/advertise hotel rooms, you inevitably stumble over these three technical pitfalls: How do you find hotel room APIs and what kind of providers are out there? How do you find hotel content? How do you map hotel room inventory? How hotel distribution works. Bonus) APIs for hotels.
Altexsoft
FEBRUARY 26, 2019
Predictive analytics requires numerous statistical techniques, such as data mining (identification of patterns in data) and machine learning. The goal of machine learning is to build systems capable of finding patterns in data, learning from it without human intervention and explicit reprogramming.
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.
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