forecasting

Traditional forecasting models no longer cut it. Relying on historical data hinders performance. Demand is constantly influenced by new factors

Seasonal fluctuations don’t just refer to loss of traffic during quiet periods, they can also easily mean oversaturation during busy periods

By understanding the dynamics of accurate forecasting, hoteliers can implement more effective strategies, optimizing efficiency and maximizing profitability

There’s more data available about your guests than ever before. Today, we’re learning about travelers who visited our websites, began searching dates and locations, but left without booking. NB: This […]

We use the rolling forecast to keep us as close to budgeted year-end GOP as possible. When behind we double down on expense management and revenue ideas

As an industry, we know there are several ways of forecasting and as revenue professionals, we may be asked to contribute to

In the dynamic world of hospitality, where guest satisfaction is key, the Front Desk Manager must embrace revenue management to ensure a profitable hotel

Adopting revenue performance management, hotels can achieve sustainable growth and maintain a competitive edge in the dynamic hospitality market

Demand forecasting in hotel industry businesses can take a few different forms. Three of the most common hotel forecasting methods include:

Don’t let another year go by constrained by outdated practices – harness the power of forecasting for a truly competitive advantage