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
    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
    data analytics and gold trading
    Data Analytics and the New Era of Gold Trading
    9 Min Read
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 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

“Analytics are defined as the extensive use of data, statistical and quantitative analysis,…”
Data Mining Combined With Predictive Modeling Equal 3D Data Visualization
How Artificial Intelligence is Transforming the Way eCommerce Businesses Perform
So What Is Prescriptive Analytics?
The NSA’s Data Quality Problem

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

macro intelligence and ai
How Permutable AI is Advancing Macro Intelligence for Complex Global Markets
Artificial Intelligence Exclusive
warehouse accidents
Data Analytics and the Future of Warehouse Safety
Analytics Commentary Exclusive
stock investing and data analytics
How Data Analytics Supports Smarter Stock Trading Strategies
Analytics Exclusive
qr codes for data-driven marketing
Role of QR Codes in Data-Driven Marketing
Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Miscellany: Trust, Loyalty, and Book Notes

15 Min Read

First Look – Mobile Agent Technologies

2 Min Read

Segment… not Slice & Dice

3 Min Read
dreamstime l 47491135
Artificial IntelligenceExclusive

Manual Testing Tools Can Outperform AI with Quality Assurance

8 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 and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

Quick Link

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

Sign in to your account

Username or Email Address
Password

Lost your password?