Forecasting

Restaurant Accounting in 5 Easy Steps

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

2018 RESTAURANT TECHNOLOGY STUDY: Insight Enabled Innovation

Restaurants put hyper-focus on data and digital initiatives to empower guests and drive business

In Accounting, Consolidating Vendors Makes Sense

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

What Do Restaurants Need in a Forecasting Solution?

When it comes to back-office automation, forecasting is the most powerful tool in a manager’s arsenal.

Hotel Food & Beverage Forecasting – There’s a Better Way

For many hotels, F&B comprises a significant portion of total revenue, yet F&B forecasting remains a basic and imprecise process allowing hotels to miss out on revenue opportunities.

HotStats Special Report: COVID-19 Profit Impact on Various World Markets

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

YOTEL, Duetto Enter Tech Partnership

Tech-driven hotel chain adopts cloud-based revenue strategy applications to drive profit

IDeaS Debuts RevPlan to Help Hotels with Budgeting, Forecasting

RevPlan is a cloud-based module that will allow hotels to build a forward-looking total revenue plan and budget, including F&B.

Real Hospitality Group Adopts Full Suite of ProfitSword Business Intelligence and Data Management Solutions

Hotel management company implements ProfitSage, ProfitPlan, ProfitPace and ProfitWizard to maximize business strategy efficiency and ability to achieve even greater organizational growth.

Automation – If You Aren’t Doing It, You’re Already Behind

Relying on 10-year-old revenue management technology is a major detriment to productivity and bottom-line revenues, yet many hotels continue to do this.

Quore Introduces CapEx Tool for Hotel Management

The new app helps multi-property owners/operators make better financial decisions through capital request approval flows, long-term tracking capabilities and detailed future forecasting.

J Hospitality and Development Implements ProfitSword Portfolio-wide to Streamline and Enhance Data Management, Forecasting

Development and management company overseeing collection of independent hotels implements ProfitSage to maximize operational and decision-making efficiency.

Scottsdale Plaza Resort Implements Cloud-Based Accounting

Aptech's PVNG accounting system gave the resort the ability to create custom reports that help its managers, executive team make better decisions.

The Future of Forecasting is Futurecasting

Instead of focusing on historical results to anticipate market demand, futurecasting looks beyond the face value of a number to understand how and why a particular outcome occurred.