Remove Algorithm Remove Data Preparation Remove Deep Learning Remove Hospitality
article thumbnail

Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

AltexSoft

How many days will a particular person spend in a hospital? This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. In the US, the duration of hospitalization changed from an average of 20.5 Source: OECD Data. Here is a ?ouple

article thumbnail

Occupancy Rate Prediction: Building an ML Module to Analyze One of the Main Hospitality KPIs

AltexSoft

Read on to find out what occupancy prediction is, why it’s so important for the hospitality industry, and what we learned from our experience building an occupancy rate prediction module for Key Data Dashboard — a US-based business intelligence company that provides performance data insights for small and medium-sized vacation rentals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI in Short-Term Rentals: How Machine Learning Shapes STR

AltexSoft

AI in a nutshell Artificial Intelligence (AI) , at its core, is a branch of computer science that focuses on developing algorithms and computer systems capable of performing tasks that typically require human intelligence. This includes learning, reasoning, problem-solving, perception, language understanding, and decision-making.

article thumbnail

Hotel Price Prediction: Hands-On Experience of ADR Forecasting

AltexSoft

This blog post will delve into the challenges, approaches, and algorithms involved in hotel price prediction. We’ll also share what we learned from our experience building a price prediction module for Rakuten Travel. Check out our video on how revenue management works in hospitality. The complexity of the hospitality market.

article thumbnail

An Extensive Guide To Understanding Predictive Models And Their Real-world Applications

U-Next

Several vetted models and algorithms are used in the predictive analytics tools in order to generate a large number of useful outcomes that are applicable to a wide range of use cases. . An evaluation of a sequence of data points over a period of time is carried out using this model. Types Of Predictive Models . Random Forest .

article thumbnail

Computer Vision in Healthcare: Creating an AI Diagnostic Tool for Medical Image Analysis

AltexSoft

The most advanced AI algorithms achieved the accuracy of almost 97 percent. Read our article Deep Learning in Medical Diagnosis to get more information about applications for AI in medical image analysis and barriers to adoption of machine learning in healthcare. Data de-identification / anonymization.

Medical 72
article thumbnail

20+ Data Engineering Projects for Beginners with Source Code

ProjectPro

Source Code: Analyse Movie Ratings Data Unlock the ProjectPro Learning Experience for FREE 11) Retail Analytics Project Example For retail stores , inventory levels, supply chain movement, customer demand, sales, etc. There are three stages in this real-world data engineering project. The second stage is data preparation.