Technology has become the norm in today’s society, which has greatly impacted the hospitality industry from all different angles. Restaurants depend on easy to use point of sales (POS) systems such as Squirrel or Aloha, but what about other departments such as Revenue Management and Sales and Marketing? The business intelligence goal is to solve this issue by providing the most efficient and up-to-date information on tracing booking patterns as well as maximizing promotional marketing to external outlets. It is important for hotels to understand the efficiency that business intelligence can offer; it isn’t the technology that seems complex, but rather the algorithms used to collect all the data. Of course, those who may use this program won’t have to worry about complicated calculations or data collection, even though they already have the experience of gathering the information. Business intelligence should be used hand-in-hand to complement the skill...
Hospitality/Tourism Management | Service Marketing | Information Technology