UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 6
June-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1907O87


Registration ID:
223839

Page Number

729-737

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Title

THE RELEVANCE OF BIG DATA AND DATA ANALYTICS FOR THE HOSPITALITY INDUSTRY

Abstract

Big Data and data analytics have made significant progress in the past decade. The use of Big Data and data analytics affects hotel management in many ways by improving business operation, performance evaluation,risk assessment, and managerial strategic plans. However, Big Data and data analytics application in the hospitality industry, including resorts and hotels, isemerging. This paper explores the use of Big Data and data analytics in identifying, assessing, managing and disclosing the business activities of the hospitality industry. The survey results indicate that: (1) the demand for and interest in Big Data/data analytics will continue to increase in the hospitality industry; (2) Big Data / data analytics should be integrated into business strategic decisions and operational processes; and (3) the use of Big Data / data analytics in the hospitality industry includes occupancy forecasting, examining operational efficiency, developing a data warehouse, collecting and assessing customer reviews, improving staff training and retention, and securing customer satisfaction and loyalty. Results present policy, practical, and educational implications for the hospitality industry.

Key Words

Big Data, Data Analytics, Hospitality Industry, Hotel Management, Financial Reports

Cite This Article

"THE RELEVANCE OF BIG DATA AND DATA ANALYTICS FOR THE HOSPITALITY INDUSTRY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.729-737, June 2019, Available :http://www.jetir.org/papers/JETIR1907O87.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"THE RELEVANCE OF BIG DATA AND DATA ANALYTICS FOR THE HOSPITALITY INDUSTRY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp729-737, June 2019, Available at : http://www.jetir.org/papers/JETIR1907O87.pdf

Publication Details

Published Paper ID: JETIR1907O87
Registration ID: 223839
Published In: Volume 6 | Issue 6 | Year June-2019
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.22961
Page No: 729-737
Country: MOHALI, PUNJAB, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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