AltexSoft

MAY 27, 2022

How many days will a particular person spend in a hospital? This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. In the US, the duration of hospitalization changed from an average of 20.5 The average length of hospital stay across countries.

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Hospitality Medical Healthcare Algorithm 98

AltexSoft

JUNE 21, 2023

Navigating the increasingly competitive hospitality sector landscape demands a thorough grasp of the vital performance indicators that display profitability. ADR , in the hospitality industry, stands for the average daily rate. Discover how revenue management functions in hospitality in our video. What is ADR?

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Hospitality Management Machine Learning Datasets 52

AltexSoft

NOVEMBER 15, 2022

Read on to find out what occupancy prediction is, why it’s so important for the hospitality industry, and what we learned from our experience building an occupancy rate prediction module for Key Data Dashboard — a US-based business intelligence company that provides performance data insights for small and medium-sized vacation rentals.

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Hospitality Building Datasets Machine Learning 52

AltexSoft

FEBRUARY 21, 2023

This blog post will delve into the challenges, approaches, and algorithms involved in hotel price prediction. Hotel price prediction is the process of using machine learning algorithms to forecast the rates of hotel rooms based on various factors such as date, location, room type, demand, and historical prices.

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Hospitality Datasets Algorithm Machine Learning 52

AltexSoft

MAY 5, 2023

AI in a nutshell Artificial Intelligence (AI) , at its core, is a branch of computer science that focuses on developing algorithms and computer systems capable of performing tasks that typically require human intelligence. Deep Learning is a subset of machine learning that focuses on building complex algorithms named deep neural networks.

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Machine Learning Hospitality Algorithm Deep Learning 59

U-Next

SEPTEMBER 22, 2022

Several vetted models and algorithms are used in the predictive analytics tools in order to generate a large number of useful outcomes that are applicable to a wide range of use cases. . An evaluation of a sequence of data points over a period of time is carried out using this model. Types Of Predictive Models . Random Forest .

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Hospitality Algorithm Machine Learning Banking 40

AltexSoft

SEPTEMBER 13, 2023

In the world of machine learning , there’s a well-known saying, “An ML model is only as good as the training data you feed it with.” It points out the critical role that data quality plays in the outcomes you get from these algorithms. Watch our video about data preparation for ML tasks to learn more about this.

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Engineering Hospitality Transportation Algorithm 59