forecasting

Creative Solutions for Setting the Hotel Forecast in 2021

As your forecast evolves predicting demand over a certain period, it is crucial to assess the new customer’s behaviour patterns which can impact occupancy

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Using Hotel Breakeven to Evaluate Recovery Revenue Strategies (Pt2)

We look at cost implications and revenue opportunities these create and how, by understanding breakeven and modelling, you can see if they are profitable

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Hotel Breakeven Video Thumbnail

Understanding Hotel Breakeven Helps Revenue Recovery Strategies (Pt1)

In this episode we touch on Hotel Breakeven, what it is, why it’s important and how can it help you model revenue strategies as we plan for the recovery

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rms hotel travel tech mindset

6 Out-of-the-Box Ways Your RMS Can Support Your Hotel’s Financial Recovery

Your RMS can be used in many creative ways to help your hotel survive the ongoing pandemic, no matter how demand changes over the coming months

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UK Hotel Reopening Trends in 2020

Ongoing vaccination rollout is sure to improve sentiment leading into the Spring and we expect to see more reopening again as restrictions ease

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Navigating the 2021 Hotel Budget Season

There’s an acute need to look at every dollar within this year’s budget and medium-range forecast, focusing on keeping cash burn down

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Smarter Forecasting for Recovering Hotels: Data Has a Better Idea

While forecasting methods are under the spotlight, hotel financel leaders should seize the opportunity to roll out smart practices and tools

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Can Forecasting Be Done When Historical Data Becomes Irrelevant?

By focusing on demand forecasting, we can establish price customisation strategies, working from a Customer-Centric Revenue Management view

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How to Forecast with Confidence at Your Hotel

We’ll discuss the types of data needed for forecasting, and how you can start harnessing this data to more accurately forecast at your hotel

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Road to Recovery: Planning for a Marathon, not a Sprint

The unpredictability of new outbreaks has stymied any hopes of a quick rebound in travel and has made it difficult to forecast a recovery trajectory

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