Machine Learning Times
Machine Learning Times
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Elon Musk Predicts Artificial General Intelligence In 2 Years. Here’s Why That’s Hype
 Originally published in Forbes, April 10, 2024 When OpenAI’s...
Survey: Machine Learning Projects Still Routinely Fail to Deploy
 Originally published in KDnuggets. Eric Siegel highlights the chronic...
Three Best Practices for Unilever’s Global Analytics Initiatives
    This article from Morgan Vawter, Global Vice...
Getting Machine Learning Projects from Idea to Execution
 Originally published in Harvard Business Review Machine learning might...
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7 years ago
Case Study: Hotel Occupancy Forecasting’s Big Payoff

 This Predictive Analytics story started with a question as most Predictive sojourns do. During a process improvement project meeting for a national resort company a question was posed; how much could the company save with an improved occupancy forecast? Accurate occupancy forecasts are vital for resorts as staffing is determined from this forecast. The current forecasts were on average 3.5% over/under the actual occupancy. This caused the company to under/over staff by nearly the same amount. An improvement of 1% would save an estimated $284,000 company wide over a year’s time. Lastly, the larger the resort the larger

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