forecasting

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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Is The Future Of Forecasting Clear For Revenue Managers in Car Rental?

It is essential for Revenue Managers to forecast demand by carefully analyzing multiple parameters such as fleet type, season, location, etc.

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video image discussion around getting predictive and moving beyond Bi and forward looking data

Get Predictive: Moving Beyond BI and Forward Looking Data

In this discussion we consider how data analysis can go beyond business intelligence and forward looking data and explore predictive algorithms through AI

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hotel revenue management demand forecasting is like adding pieces to a jigsaw puzzle

Forecasting Uncertainty – The Metric We Need

Forecasting uncertainty is important for pricing and it’s important for the cost-benefit analysis that an RMS needs to make on behalf of the clients

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How Can Hotels Perform Demand Forecasting the Right Way?

Demand forecasting in hotels is nowadays crucial. But it isn’t easy. Which is why most hotels struggle to understand and predict guests’ behaviour.

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The Top 10 Forecasting Secrets

Forecasting is important because we need a current plan to help us execute our financial strategy. Without a map any road will take you where you want to go

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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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hotel breakeven video thumbnail to evaluate revenue strategies

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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