Forecasting

San Francisco Hotel Simplifies Budgeting with Updated Accounting and Forecasting Solutions
After switching its legacy accounting and budgeting software to PVNG and Targetvue by Aptech, the Hotel Nikko San Francisco is prioritizing operations above all else.
MDO Releases Guide for More Accurate Hotel Forecasting in 2023
Several of the industry’s leading hotel owners and operators contributed to ‘The Definitive Guide to Hotel Forecasting in 2023’ by sharing data and best practices they’ve learned throughout the process.

Forecasting
3 Trends that Will Impact Forecasting in 2023
Hoteliers will want to keep an eye on what their data tells them when it comes to length of stay, booking windows and group/event business.
Forecasting
Sandpiper Hospitality Partners with ProfitSword to Offer Its Hotels Dynamic Business Intelligence Capabilities
Each of Sandpiper Hospitality’s 60 managed properties nationwide will have access to ProfitSword’s suite of advanced budgeting and performance forecasting tools.
Revenue Management
How Hoteliers Can Adapt to a Marketplace that Isn’t Done Changing
Learn how advanced data analytics technology and revenue management systems can help hoteliers adjust their strategy to maximize revenue and regain control of their property’s success.
Artificial Intelligence / AI
SIHOT Extends IDeaS G3 RMS Integration to Maximize Profitability by Utilizing Extensive Data Points
The enhanced two-way interface provides unique benefits surfacing more meaningful data from across a property or group.
Hotels
Report: Hotels' Recovery Continues, Workforce Challenges Remain
AHLA’s 2022 Midyear State of the Hotel Industry forecasts 2022 nominal room revenue, state & local taxes will exceed 2019 levels.
Revenue Management
Revenue Analytics Announces Seven Feature Improvements to N2Pricing RMS
Combined with an intuitive interface that enables hoteliers to access and act on fluctuations in demand and competition in a timelier manner, N2Pricing provides revenue teams with precise forecasting.
Revenue Management
IDeaS Introduces Channel Forecasting for G3 RMS, Delivering Pivotal Insights into Channel Demand and Costs
Industry-first Channel Forecast Dashboard will help hoteliers maximize the profitability of commercial strategies.
Data & Analytics
Dimension Hospitality Expands Relationship with myDigitalOffice
Through deepening their partnership with myDigitalOffice and expanding their use of MDO’s platform, Dimension Hospitality will gain access to consistent, reliable, and live data for their entire portfolio, creating unprecedented visibility for the corporate, regional, and on-property teams.
Data & Analytics
Amadeus Expands Partnership with Aimbridge Hospitality with Exclusive Business Intelligence Endorsement
Global hospitality company will use Amadeus’ full suite of industry-leading business intelligence to gain a consolidated view of global portfolio performance and enhance forecast projections based on forward-looking market insights.
Forecasting
Duetto Unveils Innovations in Hotel Forecasting & Budgeting
Duetto’s New Forecast & Budget Builder delivers best-in-class analytics, streamlined data management, and easy reporting.
Revenue Management
IDeaS RevPlan Total Revenue Forecasting Module to Be Piloted by Loews Hotels & Co
Hotel brand embarks on a journey beyond rooms revenue management toward total profit optimization with IDeaS.
Meetings & Events
The Great Hospitality AI Disrupter
COVID’s impact on hospitality data and forecasting is indisputable. Here are some possible scenarios for how the industry can move forward.

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