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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

It’s been a long time since it became obvious that to develop and stay competitive, businesses have to support their decision-making with data. So, the aim of this article is to describe the main KPIs typically adopted by hotels to support their business analysis. But, easier said than done. Occupancy rate. What does it show?

Hotels 64
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Changing the Status Quo: How to Create a Culture of Accountability in your Org

OverOps

Today, there is little dispute that software is indeed eating the world. Every part of our life includes software, from the way we watch movies, to the way we rideshare, reserve hotels, communicate, shop, etc. In this new era where software is eating the world, customer expectations have changed dramatically.

Culture 138
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Product Development Process: How to Bring Innovation to Life

Altexsoft

This article will guide you through all the steps of a new product development (NPD) process and give you some insights into implementing best practices en route from a pure idea to roll-out and selling. What is a new product development process? Put together, these efforts compose a new product development (NPD) process.

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Car Rental Reservation System: Modules, Providers, and Implementation Models

Altexsoft

In this article, we’ll tell you about the underlying modules of a Car RRS, review some of the key software providers, and give tips for those ready to roll up their sleeves and build their own platform. A full picture of the key features of the Fleet Management Software. Car rental reservation system modules. Overbooking.

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Hotel Data Management: Solutions and Practices to Turn Information into a Valuable Asset

Altexsoft

Hotel business produces a plethora of data literally every moment. Let’s take a closer look at major data management processes — data collecting, storing, and analyzing — as applied to the hotel domain. Hotel data collection: what and where to look for. Important hotel data sets and overlaps between them.

Hotels 18
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Customer Pain Points: Types, How to Identify and Address Them

Altexsoft

When you’re developing a product, you want to make sure there are people who will buy it for the price they can afford. Before you start to develop anything, you want to run research, talk with potential customers, and analyze competitors. Examples: Legacy software constantly lagging and taking too long to perform simple functions.

How To 52
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Website Localization in Travel: Key Aspects and Best Practices

Altexsoft

As a hotel, airline, OTA, or other company that works with travelers, you have to translate and customize all the elements of your digital product: Customer-facing content ( descriptions, landing pages, blog materials, FAQs and help desks , the “About us” section, terms and conditions, contacts, marketing and advertising materials etc.);

Travel 52