Forecasting

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Forecasting

A collection of news, articles and other featured content about Forecasting.

Expedia Group Rev+ Now Available in Sabre's SynXis Platform

Partnership makes real-time market insights available to hoteliers.

A Holiday Comeback for Hospitality is Uncertain, So How Can Brands Plan for Future Success?

Invest in marketing, brand equity and plan for multiple potential outcomes.

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.

Hotel technology partners combine industry-leading automated solutions to increase productivity and profitability.

Science-infused Infor EzRMS provides new forecasting capabilities and real-time optimization for hoteliers large and small.

Hotel Management company leverages the adoption of ProfitSage to gain instant access to real-time business performance along with ability to identify future revenue and expense trends despite ongoing market fluctuations.

Partnership will allow marketing, reservations and revenue management teams to operate as one team.

When Rhapsody Resort first opened, its housekeeping department was struggling to maintain a consistent CPOR and stay aligned with its operating budget.

At a time when revenues are at their lowest, it’s critical that operators understand where to trim costs and how to track spending per occupied room using historical drivers.

The data enables businesses to more accurately forecast revenue by incorporating consumer-based input.

Summit Hospitality Group realized that using multiple vendors to manage its financial and accounting data was inefficient.

Market context is something the industry can truly rely on to gain an understanding of the breadth of the virus’ impact.

Accurate, detailed restaurant accounting is one of the key factors for maintaining a healthy profit margin.

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