Forecasting

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.

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

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

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.

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

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.