man using spreadsheets illustrating an outdated approach to business intelligence or decision intelligence

The decision usually does not arrive as a formal strategic review. It arrives on an afternoon when a key weekend is filling up, a competitor’s rate has just moved, and the spreadsheet open in front of you was last updated two days ago. By the time you have built a clear picture of the situation, the market has already shifted.

NB: This is an article from LodgIQ

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The case for moving beyond manual processes is rarely the hard part. Most hoteliers who are running on spreadsheets already know that something needs to change. The harder question is knowing when the situation has become critical enough to act, and how to make the right choice without making a costly mistake.

The five signs below are designed to help with the first part of that question. The second part is answered at the end of this article.

1. Your booking windows have become completely unpredictable

There was a time when a three-to-six-month booking window gave revenue managers a comfortable runway for planning. Today, we see a significant share of reservations arriving within 30 days of check-in, and sometimes within 7 to 14. When booking patterns compress this sharply, a system built on historical data alone is always looking backward while the market moves forward. Reading real-time demand signals, rather than extrapolating from patterns that may no longer apply, becomes operationally essential.

2. You spend more time on data entry than on commercial strategy

Manually tracking competitors, adjusting rates across channels, and compiling reports creates what many revenue managers describe as a “time gap.” The hours spent compiling and cross-checking are hours that cannot be redirected toward strategy. Research shows that moving from manual processes to an automated RMS saves hotel teams an estimated 20 to 40 hours per month. That time becomes available for channel performance analysis, marketing alignment, and the commercial decisions that shape a hotel’s results.

Read the full article at LodgIQ