Altexsoft
JANUARY 30, 2023
They are a way for travel vendors to offer discounted airfares, hotels, car rentals , and other perks and benefits to certain clients, while also potentially increasing sales and customer loyalty. For example, the Resort Inventory Group, which we’ll cover further, aggregates many membership clubs for hotels to distribute their products.
TechCrunch
MAY 2, 2022
.” While acknowledging that credit card issuing and loyalty programs are certainly not new, Duncan claims that Concerto’s approach is unique in that it applies technologies including machine learning to measure and predict risk. Concerto today announced that it has raised $21.2 Consumers generally like co-branded cards.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Altexsoft
FEBRUARY 21, 2023
Hotel price prediction is a critical aspect of the travel industry, and with the rise of machine learning , it has become more precise and accurate. The key objective behind this task is to set the best booking prices to entice customers and ensure that hotels take full advantage of their business potential.
Altexsoft
APRIL 24, 2019
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.
Altexsoft
NOVEMBER 15, 2022
The occupancy rate is a key indicator of the historical, current, and looking-forward performance of a hotel or vacation rental business. The occupancy rate in hospitality is the share of occupied hotel rooms or vacation rental units at a given time. Overall, average hotel occupancy rates range between 65 and 80 percent.
Altexsoft
JUNE 9, 2023
Large language models and transformers in a nutshell Language models , types of machine learning models, are trained to anticipate the likelihood of a word sequence. They predict the next appropriate word based on text context, essentially learning how humans use language. What is ChatGPT?
Altexsoft
AUGUST 30, 2023
It seems nothing but convenient to set up an auto-payment and get cable or streaming services, ready-made meals, beauty products, gym passes, co-working spaces, online education, hotel discounts, insurance, you name it. retirees, families, members of a sports club) and/or meeting certain loyalty or engagement criteria.
Expert insights. Personalized for you.
97 
Let's personalize your content