Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Hospitality Technology (Or Lack Thereof) – What is the Insight ROI?
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > CRM > Hospitality Technology (Or Lack Thereof) – What is the Insight ROI?
Business IntelligenceCRMData MiningPredictive Analytics

Hospitality Technology (Or Lack Thereof) – What is the Insight ROI?

TomAnderson
TomAnderson
3 Min Read
SHARE

 

 

I was quoted in an article that came out in Hospitality Technology this month. You can read the article online here.

More Read

feature
What To Know About The Essence Of AI In Video Editing In 2020
Mark Hurd on Data, Demographics and Devices
Using Big Data in 2016: How it Can Help Your Business
It’s Just a Little More Disk Space
Use Dynamic Message Optimization To Increase Campaign Response Rates

Even though I’ve worked with several clients in the travel and hospitality industry during the past few years I’m still often surprised. On the one hand I’m surprised at how many surveys are circulated. These companies obviously value market research/guest feedback more than their customers even imagine.

What I’m also surprised at though is that given the amount of data available to them, the level of analysis and predictive analytics, if there is any, it is often not very advanced. One of the key areas where I think the industry could improve is in the open ends. Why bother someone with a 2 page survey. You can get everything you need by asking the guest to jot down their thoughts on the back of a postcard and then use text analytics to code and analyze the data.

Many of these companies, especially hotels, don’t seem to realize that there is a cost associated with these surveys and their ROI could be oh so much better.

Tom

Link to original postTom H. C. Anderson – Anderson Analytics

 

 

I was quoted in an article that came out in Hospitality Technology this month. You can read the article online here.

Even though I’ve worked with several clients in the travel and hospitality industry during the past few years I’m still often surprised. On the one hand I’m surprised at how many surveys are circulated. These companies obviously value market research/guest feedback more than their customers even imagine.

What I’m also surprised at though is that given the amount of data available to them, the level of analysis and predictive analytics, if there is any, it is often not very advanced. One of the key areas where I think the industry could improve is in the open ends. Why bother someone with a 2 page survey. You can get everything you need by asking the guest to jot down their thoughts on the back of a postcard and then use text analytics to code and analyze the data.

Many of these companies, especially hotels, don’t seem to realize that there is a cost associated with these surveys and their ROI could be oh so much better.

Tom

Link to original postTom H. C. Anderson – Anderson Analytics

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI Recruitment Software Solution
The Best AI Recruitment Software Solution: Transforming Hiring with Smarter Tech
Artificial Intelligence Exclusive
real estate data
How Big Data Is Changes How We Buy and Sell Real Estate
Big Data Exclusive
AI video surveilance
AI Video Surveillance for Safer Businesses
Artificial Intelligence Exclusive
Managed IT Services
Comparing Affordable Managed IT Services for Denver’s Remote Workforce
Exclusive IT

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Customer Service, the New Marketing in the Era of the Social Customer

7 Min Read
use of predictive analytics
AnalyticsExclusivePredictive Analytics

Predictive Analytics Advances Rewrite Rules On Corporate Conferences

5 Min Read

Stay At Home Servers (MSFT viral marketing attempt)

2 Min Read

New White Paper on Uplift Modeling with Predictive Analytics

2 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?