forecasting
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
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
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
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. […]