forecasting

How To Run A Successful Revenue Management Meeting

If you follow the steps highlighted, you should be able to organize a successful revenue management meeting that will help increase sales for your hotel

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Hotel Revenue Forecasting: Definitions, Models and Best Practices

The outcome of your forecasting should always be the ability to react to market changes, optimise occupancy, and maximise revenue

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hotel forecasting in the new normal has anythgin changed video thumbnail discussion with veit meier of berner+becker

Hotel Forecasting in The New Normal – Has Anything Changed?

We look at what impact the pandemic, technology adoption and staffing issues has had on forecasting, what we forecast and how often we review it

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Restaurant Forecasting 101 – How to Forecast Restaurant Sales

Restaurant forecasting helps restaurant owners make informed decisions for staffing, purchasing, profitability and helps foresee upcoming trends

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How to Use Future Demand Data and Optimize Revenue Management

We know previous hotel revenue management strategies can no longer be used as a guideline as the industry rebounds and restrictions continue to wreak havoc

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beachside telescope reflecting need for hotels while forecasting forward to also look back at previous performance

Your Hotel’s 2019 Performance Lays the Foundation for Your 2022 Forecast

Any hotel which maintained underlying principles of revenue management throughout the pandemic are stronger and poised for profit as travel ramps up

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thumbnail image of coffee time discussion with apo demirtas of hoteliq about the way hotels forecast, why it is done wrong and is outdated

Why the Way Hotels Forecast is Wrong and Outdated

Welcome to another of our Coffee Time chats. Today we talk about the way Hotels Forecast and why the current method is wrong and outdated

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Intelligent Revenue Management: 3 Reasons Why Automation is Your Friend

Intelligent revenue management is not designed to replace human expertise. It is developed to help experts focus data insights that which affect forecasts

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Forecasting F&B: The Missing Piece of the Revenue Pie

Revenue management has evolved from tactical to strategic and from rooms revenue to total revenue and profitability; F&B forecasting is the next frontier

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Improving the Accuracy of Forecasts: Time to Ditch Gut Feeling Approach

Hotels are awash with valuable structured and unstructured data providing profitable insights that can help revenue managers create forecasts

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