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Hotel Chain Increases Occupancy and Revenue Through Business Intelligence Platforms

  • Las Vegas
  • Hospitality
  • 12 weeks
  • B2C
  • MySQL, Python, Tableau, Power BI, AWS, Snowflake

Project Brief

The hotel chain aimed to use business intelligence to improve revenue management, pricing, and operational efficiency across several sites in the US.

Client Background

The hotel chain, known for its luxurious rooms and excellent service, battled to maintain high occupancy rates while growing revenue per available room (RevPAR) in a highly competitive market. They used manual data analysis and outdated reporting technologies, limiting their ability to make timely, data-driven choices.

Key Challenges:

Data was spread across multiple systems.
Creating reports was a tedious and error-prone process that frequently resulted in delayed insights.
Decision-makers lacked a thorough understanding of KPIs across all assets.
Determining ideal room prices based on demand variations, seasonality, and rival pricing was an ongoing challenge.
Forecasting anticipated demand and rate of occupancy was critical for efficient resource allocation and revenue management.

Solution:

1. Discovery and Planning

We began a detailed exploration process, working with the hotel chain's revenue management staff and IT department. We thoroughly analysed their present data architecture, identified essential KPIs to track, and developed a clear BI strategy.

2. Development

Our skilled data engineers and analysts used MySQL to extract, convert, and load data from several sources into one big warehouse. We used AWS Redshift and Snowflake for effective data storage and processing. We then utilised Python and Pandas to clean and prepare the data, confirming its correctness and reliability. Using Tableau and Power BI, we built a set of interactive dashboards that give a complete view of crucial factors such as rates of occupancy, RevPAR, average day rate (ADR), customer satisfaction ratings, and booking patterns.

3. Implementation

We collaborated collaboratively with the hotel chain's IT team to implement the BI platform throughout their organisation. We gave workers intensive training on how to navigate the dashboards, understand data, and create bespoke reports.

Tools & Technology Used
Python-logo-notext.svg

Python

Programming Language

Tableau

Data Visualization

AWS Redshift

Cloud Services

MySQL

Database

Power BI

Data Visualization

Features:

Occupancy and Revenue Dashboards

Real-time dashboards show occupancy rates, RevPAR, ADR, and critical revenue information for all properties, enabling instant discovery of trends and anomalies.

Demand Forecasting

Predictive models estimate demand and occupancy rates according to historical data, seasonality, and events, allowing for proactive pricing and inventory management.

Competitive Intelligence

Competitive Intelligence dashboards track rival price and occupancy rates, offering significant data for pricing initiatives.

Customer Segmentation

Customer segmentation entails assessing visitor demographics, booking behaviour, and personal preferences in order to develop targeted marketing campaigns and tailored experiences.

Operational Efficiency

Dashboards track important operational indicators, including employee productivity, housekeeping effectiveness, and customer satisfaction in order to drive continual improvement.

Values Delivered:

Data-driven revenue management and pricing tactics resulted in considerable increases in RevPAR and total income.
Targeted marketing campaigns and personalised offers based on consumer segmentation increased occupancy rates.
The BI platform promoted an environment of data-driven decision-making throughout the organisation.
Real-time data insights and faster reporting processes enabled employees to make more informed decisions and improve operations.
Integrating a diverse antique clothes inventory onto a single, unified platform while keeping full descriptions and high-quality photographs.
Ensuring real-time inventory management to prevent overselling and properly handle returns.
Creating a user-friendly design that emphasises the unique qualities of antique clothes while increasing client involvement.
Implementing a safe and smooth payment gateway that can handle numerous currencies and payment types.
Scaling the platform to accommodate more traffic during promotional events and busy shopping seasons.
Creating powerful analytics solutions for monitoring consumer behaviour and optimising marketing campaigns.