Leveraging Execuvue and Targetvue for business intelligence and budgeting and forecasting since 2020, this hotel management group is retrieving relevant data in real time and making smarter business decisions that impact its profitability and growth
Rapidly growing hotel management company leverages ProfitSword’s seamless integration abilities to achieve real-time budgeting and forecasting efficiency while ensuring that sales goals, inventory levels and labor resources are always effectively monitored.
Combining 2019 and 2020 historical market performance with 12 months of forward-looking, on-the-books occupancy and pace data, hoteliers can now view 36 months of the industry’s most comprehensive booking data to create more informed recovery strategies.
With hoteliers struggling to build accurate financial forecasts due to COVID-19, Russell Partnership Technology has created a low-cost forecast toolkit to help staff more clearly understand their future.
As part of the deal, Demand360 will also be the exclusive provider of forward-looking data integrated into Hilton’s Revenue Management System (GRO). The result seen by the Hilton properties that recently completed the pilot integration is refined decision-making, enabling revenue improvement.