analytics
Understanding the Differences between Data and Analytics
Data is the facts of what happened or what’s in the process of happening. Analytics are when you begin to make discoveries from that data, derive insights and maybe make predictions.
Why There Is More Than Just Analyzing RevPAR Index
If the RevPAR index and the ARI are below 100 with a high MPI, it means that the property is forfeiting revenue by missing the opportunity to fill rooms at a higher rate.
Leveraging the Right Data for Hotel Business Intelligence
What data is relevant what data is not relevant and should not be included? This ranks as one of the top challenges with business intelligence, according to hotel operators.
BI: Open the Cookie Jar to Solve Your Revenue Pain Points
Business Intelligence, BI, is the key to your success! In order to use all the data revenue managers have, we must first understand the data that is available and then focus on how to use it.
Hospitality Financial Leadership: Benchmarking and Key Business Indicators
Benchmarking and KBI’s were all the rage but today you don’t hear much about their usefulness or how to create them. There is a good reason they have fallen out of sight in the hospitality industry.
Making Smarter Decisions with Hotel Business Intelligence
A hotel marketing manager may need to understand the results of various promotional levers, which means feeding response data into campaign planning models and running scenarios
PODCAST: Why Market Segmentation is Crucial to Your Revenue Strategy
In this podcast we talk about the topic of Market Segmentation and why it is so crucial to developing a strong Revenue Management strategy.
Understanding Website Analytics for Hotels
Website analytics play a very important role in improving your hotel’s online presence. By understanding the performance of your vanity hotel website, you can improve your direct bookings.
Using a BI Tool to Build a Collaborative Revenue Strategy Culture
Revenue strategy requires a collaborative approach, with every stakeholder understanding how their decisions impact other departments and your bottom line. NB: This is an article from Rainmaker The powerful visualizations […]
Tech and Techniques to Maximise Hotel Metrics: Pt 2
In this two-part series, we break down the technology and techniques that help hoteliers boost the metrics that matter most. This follow-up article covers the most impactful techniques
