forecasting

How can hotels strategically manage their distribution mix to ensure profitability while maintaining rate parity and minimizing commission costs?

Set aside time to revisit your forecast and pricing strategy. Is your MinLOS still working as expected? Are there emerging market trends

Behavioral data can give a real-time look at guest interest and demand. Are they spending more time checking out suites than regular rooms?

A key part of your forecast is building “What-If” scenarios. This planning allows for proactive adjustments to your operational and financial strategies

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