How Amazon and Airlines Like American and Lufthansa Price Their Products—and Why It’s Never Manual Have you ever wondered why the price of an airline ticket changes between breakfast and lunch? Or why Amazon’s deals seem perfectly timed to your needs? It’s not magic—it’s data. Companies like Amazon, American Airlines, and Lufthansa use highly sophisticated […]
When it comes to technological advancements, the hotel industry seems to be lagging far behind its counterparts in other industries. While sectors like healthcare, transportation, and finance have embraced cutting-edge technologies to enhance customer experiences and streamline operations, hotels are still grappling with outdated systems and processes. In this blog post, we will explore some […]
Artificial Intelligence (AI) and Machine Learning (ML) have revolutionized various industries, and the hospitality sector is no exception. With advancements in technology, hotels and resorts are embracing AI and ML to enhance their revenue management strategies. In this article, we will explore the introduction of AI and ML into hospitality and the significant impact they […]
In today’s highly competitive business landscape, revenue management plays a crucial role in maximizing profits for hotels, airlines, and other service-based industries. Traditionally, revenue management involved manual analysis, forecasting, and decision-making processes. However, with the advent of AI technology, a new player has emerged in the field: RateQuantum. In this article, we will explore the […]
When it comes to online travel agencies (OTAs) and their bidding practices, there is a growing concern among hoteliers. Many hotel owners believe that Google does not prioritize the interests of genuine OTAs, as they allow scam companies with fake rates and availability to bid alongside legitimate players. This situation has raised questions about Google’s […]