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
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    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
  • 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

Seven Misconceptions about Data Quality
Conducting Research on Social Networks
How to Share Bad Project News
Using Sales Intelligence to Boost Revenue
Analytics In A Global Recession: Fixed Price Operational Dashboard

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

edi compliance with AI
AI Is Transforming EDI Compliance Services
Exclusive News
companies using big data
5 Industries Driving Big Data Technology Growth
Big Data Exclusive
software developer using ai
California AI Companies That Are Set for Long-Term Growth
Development Exclusive
data science professor
The Power of Warm-Ups: Setting the Stage for Learning
Exclusive News

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Supercharging Sales and Commerce in 2016

15 Min Read

Can Ants Help Solve Traffic Jams?

0 Min Read

C-level Execs: Big Data Means Big Value

0 Min Read

Best One-on-One Conversations of 2011: Social CRM, Entrepreneurship and Connecting with Real Influencers

12 Min Read

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

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

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?