HUMAN-ORIENTED AUGMENTED ANALYTICS: REAL ESTATE & HOSPITALITY
New perspective for the
Real Estate and Hospitality
The real estate and hospitality industries have always been dependent on constantly changing financial situations around the world. The post-Covid-19 era has brought a striking shift to both niches with air traveling being shattered, health risks being high, and pockets being devastated. Even though the catastrophe seems to stay behind and the people are gradually ready to invest in real estate and travel the globe, the consequences may affect both industries for at least several years.
This would mean a dramatic financial defeat.
But here we are to prevent both real estate and hospitality from the loss and to bring a new customer-oriented perspective.
REAL ESTATE
As indicated by worldwide digital economy indexes, real estate is at the top of the least digitalized industries on the planet. However, the reserves of available data, such as gross rent, terms of a lease, individual demand, market call, tenant statistics, geographical information, and many more records are a high-powered source for rocketing your business. So there is no lack of general data and no insecurity in collecting it. The only indefinite component of the whole real estate system is and has always been human behavior.
Therefore, a clear understanding of clients’ needs will be a key to a flourishing business. Buying a house or any other property is a huge step for every human being. With predictive knowledge, you will be ready to offer a perfect deal faster than your competitors.
HOSPITALITY
The hospitality sector, being one of the most prospering businesses in the world, has also been greatly paralyzed recently. The industry is estimated to fully recover only in 2023-2024. Fortunately, provident hotels, resorts, guesthouses, apart-hotels, restaurants,bars, event agencies, and other touristic businesses are actively using augmented analytics to examine their booking data to manage plans and achieve better results.
Hospitality brings us the joy of finding a retreat away from home, forgetting about problems, and gaining inspiration. As human needs are the core of your business, take this opportunity and build the most human-centric company.
Considering the complicated global issues, we are offering something more than a general analysis. You will have a chance to forecast your clients’ preferences based on connections between their past actions and weather parameters.
Fortunately, industry leaders are already implementing projects inspired by machine learning technologies. For instance, developing a delivery service for a restaurant will become way more effective: you will receive optimal predictions about when the order takes place, what might be ordered and who is likely to be interested in your products. Such a win-win strategy will both save your advertising time by presenting ready solutions and attract more regular clients. Because they will feel that you know exactly what they want. And client orientation is a central focus.
How exactly augmented analytics can predict Clients’ behavior?
Human behavior is hardly predictable when it comes to such costly purchases as a property or a couple/family trip. However, having all historical data about these clients, we can combine it with the fast-changing environmental factors to achieve reliable buying predictions. According to trustworthy sources, weather-related data is not only an essential part of every business analysis but can also impact sales in different ways.
The human decision-making process largely depends on weather conditions if one needs to invest in real estate or plan a vacation. Every external pattern, from temporary temperature changes to continuous astronomical conditions, leaves a noticeable mark on the company. Because even minor decision fluctuations can increase or decrease your income by about 20%..
Human behavior is hardly predictable when it comes to such costly purchases as a property or a couple/family trip. However, having all historical data about these clients, we can combine it with the fast-changing environmental factors to achieve reliable buying predictions. According to trustworthy sources, weather-related data is not only an essential part of every business analysis but can also impact sales in different ways.
The human decision-making process largely depends on weather conditions if one needs to invest in real estate or plan a vacation. Every external pattern, from temporary temperature changes to continuous astronomical conditions, leaves a noticeable mark on the company. Because even minor decision fluctuations can increase or decrease your income by about 20%.
Our exclusively designed behavior component for human-oriented augmented analytics will discover exact correlations between existing data of your clients and different weather factors. Having these insights, you will know how to manage the following aspects in advance:
- what are the most influential factors;
- why/where/how the purchase is expected to happen;
- what keeps people from buying from you;
- how you can refresh advertising campaigns;
- what periods are the most and least profitable;
- how to retain your targets;
- what would you need to make the company even more customer-oriented.
Weather is one of the most fundamental boosters of human behavior – just apply our insights and make people’s lives happier by offering fortunate deals!
Contact Us
If you have any questions, please contact us
in any convenient way.
KERNELBAY LIMITED
Reg. number HE422827
Limited Company
Address
Stasinou 1, MITSI BUILDING 1, 1st Floor, Office 4,
Plateia Eleftherias, 1060, Nicosia, Cyprus
office@kernelbay.com