hospitality-business-model-innovation-competitive-advantage 
AltexSoft Travel
OCTOBER 12, 2023
Navigating the open seas of the hospitality industry means dealing with the ever-changing winds of demand and prices. From analyzing real-time data to making forecasts about future trends, these systems provide functionality for staying ahead in a dynamic hospitality market. What is a revenue management system for hotels?
AltexSoft Travel
SEPTEMBER 19, 2023
Beyond its fundamental role in elevating customer experience, travel analytics has a valuable impact on revenue growth and cultivating a competitive edge. Analyzing external data helps travel businesses stay competitive, adapt to shifting market conditions, and make well-informed choices regarding pricing, promotion, and overall strategies.
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AltexSoft Travel
MARCH 30, 2022
In hospitality, upsells may include things like. business or leisure (or bleisure ) travelers, families or couples) at the right time. To determine targets worth your effort, you can opt for propensity modeling — building predictive models to forecast the behavior of your target audience based on their past behaviors.
Tourism eSchool
APRIL 26, 2021
Renewed focus on capability building - $8million allocated to digital and business capability. Timely opportunity to do it, whilst businesses are in quiet period. Drink Victoria program - looking at innovating way to support our winemakers, distillers, brewers. The Inspired Company Advantage. Lisa MacCallum. Shane Delia.
Bizzaboo
DECEMBER 5, 2022
Companies finalized their staffing models, and employees had a redefined landscape of what it meant to work in this new environment. Neither will help your event business grow, and both have negative long-term effects. From a technology standpoint, the pandemic pushed our industry to new levels of innovation, creativity, and progress.
AltexSoft Travel
MAY 5, 2023
As this industry progresses, property owners and managers constantly search for ways to improve their operations and outpace their competition. Artificial Intelligence (AI) is one of the crucial catalysts for this innovation: It has enormous potential to revolutionize various facets of vacation and short-term rentals.
Bizzaboo
NOVEMBER 20, 2022
You’ll get the resources, connections and tech you need to level-up customer interactions for your business. Some key areas of focus include; leading courageously and authentically in times of crisis, reimagining the business and the future of work, and creating a workplace of diversity and inclusion to foster innovation.
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