Every industry boasts of a plethora of brands battling for a higher market share! You turn to consumer electronics and we have the likes of Apple, Lenovo, HP and Dell among others fighting for their reputation among customers. In the automotive world, Maruti Suzuki, Tata and Mahindra & Mahindra battling it out with many others …
This week, we’re talking about travel, and the travel industry in particular, because of many reasons. First of all, we all love to travel. Second, travel company ads have taken over all my screens. Moreover, there has been a massive shift in the way we think of travel and the travel industry at large. This …
Stock trading has one of the most complex and complicated dynamics in the present day world. In today’s time, multiple algorithms and researches have been produced to understand the complexity of the stocks trading. There is an increasing effort to understand the system dynamics of stock trading to predict the emergent behaviour of the stock …
Real Estate investments can be a tricky ballgame. A typical investor needs to conduct thorough due diligence before making an investment decision in this space. While Alternative data is a big aid to analysis in most industries, Real estate and investment industries are no exception to this. One innovative form of alternative data for the real estate …
The private equity market is a hyper-competitive arena speckled with investors trying to look for reliable methods to find market indicators that can help them draw insights and thus, place better bids. This requires a considerable amount of due diligence to be conducted before making the decision. ‘Due diligence’ in this context refers to an audit …
The Consumer Electronics Show (CES) is one of the most awaited shows of the year. People book tickets, go there and then, you end up realising the trip was not worth the money spent. Every year more than 150000 people attend the show, and one can easily end up not utilizing to the fullest what …
Travel and Tourism have always been an important industry in the service sector. It not only contributes actively to cash incomes and the growth of the economy but also helps in employment creation and foreign relations. But at the end of the day, it belongs to the service sector, and that means competition is bound …
Think of a world where you never have to visit a bank, where all the financial services are merely the touch of a button away. The applications of big data in fintech today is advancing at a rapid pace with the financial sector being one of the biggest contenders. It is now possible to get …
Big Data in Tourism: How Big Data Analytics can Help the Travel and Tourism Industry Grow
August 13, 2018
The travel industry is now a part of the bandwagon of the various other industries that use big data analytics in their regular operations. People generate a lot of data in all their activities and decisions with activities ranging from searching for holiday destinations to buying rucksacks online. Even while traveling across the globe, people …
If you ever want to predict the future, learn how Netflix does it. Once upon a time, legendary screenwriter William Goldman said, “Nobody, nobody – not now, not ever – knows the least goddam thing about what is or isn’t going to work at the box office.” That was of course before the time the …