Forecasting

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Forecasting

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

Hospitality Technology is a Catalyst for Business Agility: Here’s How to Take Advantage

A lack of business agility directly correlates with immature FP&A capabilities in hospitality businesses.

HFTP Academy Debuts New Hospitality Benchmarking Certificate, In Collaboration with HotStats and Powered by Ascend

The new certificate demonstrates a hospitality professional’s expertise in financial analysis and benchmarking.

RLH Corporation has started the redeployment of Duetto's pricing application, GameChanger, and its reporting and forecasting tool, ScoreBoard, across its owned and leased hotels.

Partnership makes real-time market insights available to hoteliers.

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.

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

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.

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