Categories: Blog

Big Data Challenge

One of our biggest assets here at DHISCO is the data we collect and process for billions of hotel bookings around the world. But like so many other companies in the digital age, we find turning all that information into business intelligence to be one of our biggest undertakings.

We also know data mining is just the thing university students need to engage with in order to better understand today’s complex business environments. That’s why I am excited to announce that DHISCO once again is partnering with the University of North Texas for its Big Data Challenge.

We helped UNT launch the first such contest at the end of 2015, giving students more than 14 terabytes of raw hospitality data and challenging them to create next-generation tools for analyzing international travel and hotel booking trends.

They did not disappoint. More 100 students on 28 teams used sophisticated tools to produce valuable real-world insights for the hospitality industry on data mining and market innovation.

This year’s challenge promises to be even bigger and better as UNT opens the competition to students across all disciplines. More than 200 are expected to participate in this year’s event. Sabre Hospitality Solutions is joining us by also providing data for the students.

The raw data is scrubbed of any personal or competitive information. The students are given a choice of which company’s information to use, then set loose for eight weeks to turn into it into creative and useful intelligence.

Although many great minds in our industry are on the constant hunt for efficient ways to translate data into useful tools, we know some of the most creative ideas are sparked by fresh, young minds who apply increasingly sophisticated ideas and technological skills to the task.

In our first data challenge, a team of computer science students won Best in Show and took home $1,500 for creating dashboards that showed hotel-specific rate and booking information as broader industry trends.

Other entries included an analysis of reservation cancellations and modifications, a dashboard to determine when and where to advertise to best target specific audiences and a parsing of data that showed how group sizes impact lengths of stay.

I was absolutely blown away by the students’ efforts in the first Big Data Challenge. I can’t wait to see what an even broader field of students working on data from different industries can generate this time around.

– Toni Portmann

beta2rategain

Recent Posts

  • Blog

Challenges for Airline Revenue Managers Beyond 2020

This year marks the end of a landmark decade for digitization and technological adoption. Path breaking technologies like artificial intelligence…

5 years ago
  • Press Release

RateGain appoints Harmeet Singh as the new Chief Executive Officer

London, Oct 21st 2019: RateGain , the #1 SaaS company for travel and hospitality, today appointed Mr. Harmeet Singh as…

5 years ago
  • Press Release

道旅与RateGain合作SWITCH及直连解决方案

2019年10月16日 : RateGain, 酒店和旅游行业SaaS市场的领导者, 今天宣布已经与道旅合作通过利用DHISCO和RezGain的直连解决方案推进集团长期的战略目标, 从而连接全球超过12.5万 的酒店和超过1500 个分销渠道。 为了提高其日常营业额并加深其在全球的影响力,道旅希望找到一个可以将其与全球最大的连锁酒店联系起来的合作伙伴。 DHISCO,是一种无缝的ARI推送,包含推送和抓取模式,以及及时的对比缓存数据和通知的功能。 DHISCO连接具有敏捷性和可扩展性,无论预定和搜寻量如何,都可提供可靠的连接,从而为合作伙伴保持完美的可用性。 “我们希望有一个合作伙伴,可以通过与大型酒店连锁店的直连提供无缝的购物和预订体验,从而帮助我们进行全球拓展。 DHISCO提供了一套全面的灵活连接选项,可满足我们的需求。此外,DHISCO在履行对合作伙伴的约定承诺方面享有很高的声誉。因此,我们知道RateGain是我们实现长期目标的理想合作伙伴。” 道旅首席执行官吴维略表示。 “ DHISCO是可靠,可扩展,可持续,和高准确的。通过其灵活的连接选项,它可以访问191个以上国家和地区的1,500多个需求合作伙伴。 RezGain通过更新库存和房价,根据需求进行调整并集中分配来实现渠道管理的自动化,从而节省了时间和资源,降低了错误率并避免了超售。与DHISCO和RezGain一起,道旅将以实时数据实现高效分销。“Apurva Chamaria, RateGain首席收益官表示。 关于RateGain…

5 years ago
  • Press Release

DidaTravel Partners with RateGain for Switch Connectivity and Channel Management

Oct 16, 2019, Shanghai : RateGain Technologies, the market leader in hospitality and travel technology solutions, today announced that it…

5 years ago
  • Blog

Putting User Experience at the center of a new problem

I have been practicing and preaching UX for the last 19 years across large and small organizations. I have had…

5 years ago
  • Blog

Can Car Rental analytics help make better investment decisions?

Have you ever noticed that if you and your friend book an Uber cab for the same route and distance,…

5 years ago