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
MARCH 23, 2022
Often, the tour operator functions as a wholesaler, buying tickets, hotel rooms, and other travel products in bulk at discounted rates, combining them, and selling those packages in significant quantities directly or indirectly. Besides, a tour operator can own some of the package components, for example, run an airline or hotel.
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Altexsoft
MARCH 28, 2022
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.
Altexsoft
SEPTEMBER 6, 2018
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. For instance, we had such a case in our work. Our clients considered working with large datasets a big data problem. Prisma app).
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
OCTOBER 5, 2022
Definitely, a concrete list of responsibilities depends on a specific venue and its size (sometimes there might even be multiple locations), i.e., a convention center, a theater, a stadium, a hotel, or any other hosting location. There’s a piece of technology that can take a part of this burden off your shoulders.
Altexsoft
APRIL 24, 2019
Let’s discuss how businesses can improve their performance with dynamic pricing and what are the pitfalls. How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? Would you consider fixed costs, competitor prices, or both?
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