forecasting

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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compass showing direction of revenue management going forward

Revenue Management Models Have Changed. What To Do?

Trend, pace of sales and rate elasticity assume a fundamental role for revenue professionals in order not to lose the compass direction to the way forward

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lock under showing hotels are opening for business and can start driving revenue

Revenue Management after Covid-19 Lockdown: What hoteliers need to know for the upturn

It provides insight into planning and forecasting from a revenue management perspective, the foreseeable behaviour of different markets and resulting action

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Navigating the Crossroads of Forecasting on Way to Greater Profitability

How’s that forecast coming along? It’s an age-old question in the hotel business, born of the need for regular updates on revenue projections and our tendency to procrastinate. NB: This […]

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To Forecast Demand You Need to Assume a Certain Price Path

To Forecast Demand You Need to Assume a Certain Price Path

The forecasting of “unconstrained demand” has been at the front and centre of revenue management in the last 30 years. NB: This is an article from Pace Unconstrained demand is […]

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telescope by the seafront increasing market visibility

Podcast: Revenue Management Forecasting – The Why, How and What.

In this podcast we talk with Pontus Berner and Veit Meier, from berner+becker, about the topic of Forecasting and why it is an important aspect of your Revenue Management strategy. […]

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The Key to Profitability: Understand Your Demand Forecast

Your demand forecast provides a strong foundation for an effective growth strategy, and it leads to a number of downstream positive effects on metrics and bottom-line income

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