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
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
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
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
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 […]
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 […]
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. […]
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
PODCAST: Total Revenue Forecasting as a Step to TRM
This podcast looks at Total Revenue Forecasting (TRF) as a logical first stepping stone towards Total Revenue Management (TRM). We are joined on the podcast by Michael McCartan, Managing Director – EMEA, Duetto.
In Revenue Management, You Can Have Good Timing AND Good Forecasting
Think about the key decisions you are faced with during contract season and identify as part of your Revenue Management strategy how a forecast will help guide those decisions.