data science
AI-Augmented Decision Intelligence: The Next Paradigm Shift in Hospitality Revenue Management
Andrew Rubinacci | January 25, 2024
By Andrew Rubinacci Artificial intelligence is everywhere. It’s making inroads into practically every field of human activity. It’s integrated into search engines, word processors, and various apps likely installed on your smartphone in your pocket. And there’s a reason for the tech’s proliferation: it is incredibly adept at analyzing data much faster and at a much larger scale. In the hospitality realm, most people consider revenue management to be something that only humans can do effectively. Now, with the advent of AI, that’s no longer the case. As technology continues to advance, there is a growing trend toward enhancin...
From the Experts: Digging for Data and Kicking out Competition
Holden Madison | May 6, 2019
By Holden Madison What does it take to efficiently work with data in hospitality? Four data experts weigh in. EHL recently welcomed three hospitality companies actively engaging in data science during a panel discussion hosted by Associate Professor Alessandro Inversini. Participants shared their experience working with data, its opportunity and its pitfalls. Checking in With Data Suzanne Ward, Director Enterprise Solutions Integration MEA - AccorHotels For a hospitality giant like Paris-based AccorHotels - which has 4,200 hotels, operating in 100 countries and a total room-capacity of 570,000 hotel rooms - data has been tapped into ins...
Hotel Data Management: Build an Integrated Journey
April 2, 2019
Why data scientists need to be an integral part of a hotel's data journey. Data scientists are becoming increasingly popular and necessary as industries realize the need to manage data points and understand how to collect and breakdown their data to better advance their business. Data scientists are experts in collecting, analyzing, and interpreting data and can make educated decisions on what to do with and how to use that data. The critical role of data scientists in hotels Within the hospitality industry, data scientists are crucial to understanding the hotel's data and how to use it to benefit the overall business of the hotel. Howe...
Turning Data Into Profit: How Hotel GM’s Can Apply Insights From Cutting Edge Data Scientists
the Authors | December 3, 2018
By Dr. Joshua Hayes, Allisha Miller, and Dr. David Hayes For the third year in a row, Forbes[1] reported "Data Scientist" as the best job in America. The job pays well (median base salary of $110,000), and qualified data scientists are in high demand. Currently, Amazon is actively seeking to fill its 436 data scientist vacancies and Google is trying to hire another 135 data scientists.[2] Data science and data scientists are hot… and for good reason! The role of data scientists is to help businesses increase efficiency and profits by harnessing data. According to Amazon, "Data is the lifeblood of Amazon… Big data analytics is the magic...
The Next Battle in Corporate Real Estate’s War for Talent: Data Scientists
JLL | October 21, 2015
Corporate real estate is increasingly data-driven but analytics expertise is in short supply Chicago, Oct. 21, 2015 – The war for technology talent isn't just a problem for tech firms. The shortage of real estate and workplace-focused data scientists is becoming a major concern for corporate real estate (CRE) departments, according to JLL research. And CRE departments are not just competing with each other they are facing competition with the tech industry and start-ups, competitors, service providers and other departments inside their own companies. In the last five years, corporate real estate leaders have become fierce competit...
