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Showing posts from January 18, 2019

Data Science, Machine Learning And AI - How these transform travel Agencies

Intoday'sfast-pacedworld, findingtimetotraveltoaticketofficeandgetyourticketsisaluxuryfewcanafford.
Digitaltravelsalesgrewrapidlyoverthelastseveralyears, totaling $564.87billionin2016.

Ifyouaresearchingforsomefreshideasonhowtoputyourdatatogooduse, hereare12applicationscenariosformachinelearninganddataanalyticsinthetravelindustry.

SimilartopersonalizedcontentsuggestionsonNetflixorthe "FeaturedRecommendations" boxonAmazon, onlinetravelbookingprovidersoftenprovidetailoredsuggestions, basedonyourrecentsearchesandbookings.

Theseareonlytwoofthewaystousedata-poweredrecommendationenginesinthetravelindustry.

Followingthispattern, onlinetravelagenciescanoffercarrentaldeals, alternativetraveldatesorroutes, newtraveldestinationsbasedontheuser'spreferencesorevensomerecommendedlocalattractions.

Thus, smarttoolswhichmonitorandsendouttimelyalertswithhotdealsarecurrentlyinhighdemandinthetravelindustry.

TheAltexSoftdatascienceteamhasbuiltsuchaninnovativefarepredictortoolforoneofourclients, a…