"demand forecasting" - Search

February 13, 2018

Rainmaker’s revcaster® Powers Newly Enhanced Market Intelligence for Omni Hotels & Resorts

groundbreaking revenue and profit optimization product suite includes: guestrev , an intuitive and easy-to-use revenue management solution that analyzes total guest value across a hotel or casino property to forecast ... and price rooms; grouprev , an innovative group pricing solution that streamlines the process of responding to group RFPs by analyzing historical data, future demand, and price sensitivity to recommend

United States

Supplier News Technology

February 12, 2018

Oracle Hospitality Sponsored Research Explores the State of the Central Reservation System Globally

"Today's guests increasingly demand a hassle-free journey. ... Based on the findings, h2c forecasts that PMS and CRS solutions will continue to merge in the future, either in the form of hybrid solutions or as entirely new hotel management platforms.

Oracle Hospitality

Opinion Article Food & Beverage

February 9, 2018

10 F&B Trends and the next Big Bang for the Buck

Consumers are increasingly demanding food anywhere and anytime. ... Annual growth is forecast at 3.7 percent.

By Frank Schuetzendorf, Senior Lecturer, EHL

Report Markets & Performance

February 7, 2018

Market Pulse: San Diego, CA

Popular leisure attractions throughout the area continue to attract strong fly-in and drive-in demand. ... Leisure demand is typically strongest during key weekends and during the summer vacation season.

By Aaron Solaimani and Patrick Bursey

San Diego, California, United States

Opinion Article Sales & Marketing

February 6, 2018

6 hotel booking trends we’re watching in 2018

For instance, Starwood has spent the year testing its own AI-powered revenue strategy optimization tool, enabling better power dynamic pricing and improved demand forecasting of 20%.

By Gautam Lulla, CEO, Pegasus

Supplier News Sales & Marketing

February 6, 2018

Disaster Recovery and Readiness Considerations for Hotel Revenue Management

For revenue management and sales leaders, preparing for and recovering from any event that significantly changes the supply and demand in a hotel market is a real concern. ... forecasting; and technology systems.

Opinion Article Technology

February 5, 2018

How Can Hotels Increase Revenue Without Putting More Heads in Beds?

Don't estimate demand and just sell out your rooms for too low a rate to hit your forecast. Instead, measure the conversion and pick-up when you change your prices. ... If you can yield rates higher and still get people to book them, that's your most important indicator of demand.

ALICE

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Tambourine

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Why Hospitality Net Leads B2B in Hospitality

Learn what makes us the industry-leader in what we do.

Hospitality Net

Supplier News Sales & Marketing

February 1, 2018

Destination hotel in South Africa chooses IDeaS for dynamic pricing capabilities

"Together with variations in seasonal demand and diverse set of guests, the hotel is often presented with revenue management and forecasting challenges." said Joep Schoof, general manager at Spier Hotel ... "The key task is being able to fit the optimal strategic business mix into that high demand period but still remain profitable during the winter period."

IDeaS

South Africa

Supplier News Sales & Marketing

February 1, 2018

The Rainmaker Group Ends 2017 with Record-Breaking Growth

groundbreaking revenue and profit optimization product suite includes: guestrev® , an intuitive and easy-to-use revenue management solution that analyzes total guest value across a hotel or casino property to forecast ... and price rooms; grouprev® , an innovative group pricing solution that streamlines the process of responding to group RFPs by analyzing historical data, future demand, and price sensitivity to recommend

Ad Be seen. Be trusted.

Why Hospitality Net Leads B2B in Hospitality

Learn what makes us the industry-leader in what we do.

Hospitality Net

Press Release Human Resources

January 31, 2018

Cycas Hospitality Opens First Property Outside UK and Boosts Senior Development Team as Part of European Rollout

Cycas Hospitality's turnover under management is forecast to treble over the next two years from €38 million to over €100 million, based purely on the business's existing, secured and signed pipeline of ... capital in place to fund our ambitions and a bolstered team now on board to make them a reality, we are actively looking for new sites to operate across continental Europe, capitalising on increasing demand

Vertiq Hospitality

Press Release Markets & Performance

January 29, 2018

American Express Global Business Travel 2018 Forecast Indicates Moderate Price Increase Across Air, Hotel and Ground Transportation

international demand for travel. ... Ground transportation has benefited from increased demand as well with rental car demand expected to grow slightly.

American Express

Report Markets & Performance

January 25, 2018

Impact of Countervailing Forces on Hotel Values and Cap Rates

Greater capital investment in research, plants, and equipment may be stimulated, which should in turn generate stronger commerical, and even meeting and group, demand for hotels. ... Thus, we can conclude that the impact of rising interest rates will be modest if the economic forecasts of higher GDP growth hold true.

By Suzanne Mellen, Senior Managing Director - Practice Leader, San Francisco, HVS

United States

Press Release Markets & Performance

January 23, 2018

Middle East & North Africa tourism consolidates recovery

The region has proven yet again its resilience and demand will continue to recover as consumer confidence rises and rises. ... UNWTO forecasts point to MENA receiving 195 million international tourists by 2030". Participating in the debate were H.E. Mr. Zayed R.

UN Tourism

United Arab Emirates

Opinion Article Technology

January 23, 2018

Opening Doors and So Much More

In today's modern landscape, constantly evolving with increased technological innovation and demand, we all have a world of choice at our fingertips. ... According to Statista's worldwide forecast, the number of mobile phone users in the world is expected to pass the five billion mark by 2019.

Zaplox

Press Release Markets & Performance

January 22, 2018

Middle East & North Africa tourism consolidates recovery

UN Tourism

Press Release Markets & Performance

January 22, 2018

STR: U.S. hotel industry posts record year in 2017

The U.S. hotel industry also set records for supply (roughly 1.87 billion roomnights available) and demand (roughly 1.23 billion roomnights sold). ... That allowed the industry to end the year well above forecasted levels after seeing more modest rates of growth through the first half of 2017."

CoStar

United States

Press Release

January 22, 2018

Investors Undeterred by Drop in US Visitors to the UK [INFOGRAPHIC]

In fact, Colliers International was forecasting "an improving level of hotel transactional activity in 2018." ... There is an increased demand for provincial hotels in the country, particularly for those that feature global branded stock.

TOPHOTELPROJECTS

Press Release Markets & Performance

January 17, 2018

Horwath HTL: Kuala Lumpur: Hotel & Hotel Residences Market Update

With Malaysia forecasting 28 million visitors in 2018, the county's economic growth is on an upward trajectory bolstered by strong exports and rising domestic spending. ... This positive sentiment is represented in the report's data that shows Kuala Lumpur's luxury hotel demand now outpacing supply growth.

Horwath

Kuala Lumpur, Malaysia

Opinion Article Sales & Marketing

January 16, 2018

Hospitality Financial Leadership - Recording Average Length of Stay

Another key aspect is including this information with your rooms forecast. This provides your operations people valuable information for their expense and labor forecasting. ... How does demand in these segments affect this? These questions lack a definitive black and white answer.

By David Lund, The Hotel Financial Coach, David Lund

Opinion Article Sales & Marketing

January 15, 2018

Hotel Rooms vs Apples. Specifics of Managing Perishable Inventory

Strictly limited supply You can get flexible number of apples, depending on what your demand forecast will be, but hotels are limited by physical inventory. ... With apples , you maximize you profits through sophisticated logistics and fluctuating Supply (with relatively fixed prices) based on your demand forecast.

By Ira Vouk, Hospitality Tech and AI Consultant, Hospitality 2.0 Consulting