It is designed to analyze the demand in the marketplace, match the most profitable demand to available inventory and manage room inventory by automating the decisions on what reservations to accept at ... what prices, by managing overbooking, availability and length of stay. e-yieldÔ is the only completely automated decision solution in the industry and the only solution to forecast group business.
Automated RM solutions successfully assist hotels in optimizing demand and increasing RevPAR. ... In times of less than anticipated demand, this information becomes strategically important, enabling properties with information to deploy sales and marketing strategies to build demand.
However, with its high-quality portfolio, focused strategy and with good demand expected in its market segment, Pandox is optimistic for the remainder of 2001 and considers that its forecast income after
Demand returning after September 11 The first 10 days of September were the strongest online in ebookers' trading history. ... Navneet Bali CFO commented: "Though demand has shown a positive and encouraging trend in recent weeks, due to current uncertainty it would be difficult to give accurate forecasts.
It is extraordinarily difficult to predict future demand trends. ... Although prior forecasts projected sell-out demand for the weeks following September 11, the Company immediately developed operating plans commensurate with the reduced demand levels.
WTO also reduced its short-term forecast for tourist arrivals in 2001 from 3% growth to 1.5% growth. ... WTO is maintaining its long-term growth forecast of 1 billion international tourists by 2010 and 1.5 billion by 2020.
This opinion is supported by the revised forecasts by the Tourism Forecasting Council (TFC), which were published this week. ... The Australian hotel market showcased its resilence during the Gulf War when demand for the March quarter grew in eight of the ten major markets.
Full Year 2002 Based on preliminary forecasts, the company is assuming 2002 RevPAR at its comparable owned hotels will be flat or show marginal growth over 2001. ... The forward-looking statements in this press release are subject to numerous risks and uncertainties, including the effects of economic conditions; supply and demand changes for hotel rooms; competitive
Avis results were lower than expected principally from a decline in commercial travel compounded by the effects of reduced demand at airport locations in the aftermath of the September 11 terrorist attacks ... Such projections were not prepared in accordance with published guidelines of the American Institute of Certified Public Accountants or the SEC regarding projections and forecasts, nor have such projections
Without the answers - and we would contend that at this juncture no-one has definitive answers - forecasting is impossible. For the reasons we have discussed, this is not the same as the Gulf War. ... Within the hotel sector, strategic planning and hotel development plans are likely to be revised as investors seek tougher terms with bankers demanding larger premiums to reflect a more volatile market
However, RevPAR at the group's comparable hotels in September was down 5.4% which, according to one analyst, was due more to weaker demand than to the terrorist attacks. ... Not Much Sunshine Forecast for Club Med According to some analysts, the terrorist attacks in the USA may mean that French tourism and leisure group Club Méditerranée (Club Med) fails to make a profit in
Smith Travel Research forecasts full-year 2001 U.S. hotel occupancy at 60.7%, down 4.7 percent from last year. ... Demand that your CVB or DMO has a plan in place to promote your destination as safe and worth visiting and work to coordinate the joint marketing efforts of its members.
Optims' forecasting module establishes accurate forecasts based on historical and real-time data. ... A group deal quotation function recommends the best selling price to a group based on appropriate forecasts and demand. SOURCE: Lufthansa Systems North America, Inc.
The hospitality industry is not selling baked beans and as such, needs to refocus their technologies to the increasing demands of a global competitive market. ... Amateo's guest optimisation portfolio acts to match the changing needs of the industry and its guests by providing not only 'real time' sales data and forecasting, but moreover, understands guest behavioural
Revenue per available room for the year is forecast to be down 4.3 percent from full-year 2000. ... The 2001 forecast incorporates the following assumptions for the final four months of 2001: Hotel room supply growth will slow to just over 2 percent Demand (rooms sold) will decline about 6 percent per
"Since the attacks occurred, in the first week of our fourth quarter, lodging demand declined to unprecedented levels across the U.S. ... MVCI continued to experience strong demand, particularly at Marriott Vacation Club resorts in Hawaii and California.
The application quickly attaches to and, on demand, organizes any desired combination of information with drag and drop Windows simplicity. ... tremendously time consuming. ¨ Pate cited three key areas of Execuvue„¥ use: Letting general managers, owners, and partners do queries for their hotels such as budget versus actual; budgeting and forecasting
Hotel stocks lost between 20 to 70 percent of their value in the first week of trading, although industry forecasts place revenue per available room (RevPAR) falls at only 10 percent for the remainder ... The rescheduling of conferences and the lifting of corporate travel bans will also release pent-up demand and drive occupancies into more healthy ranges.
The application quickly attaches to and, on demand, organizes any desired combination of information with drag and drop Windows simplicity. ... Pate cited three key areas of ExecuvueÒ use: Letting general managers, owners, and partners do queries for their hotels such as budget versus actual; budgeting and forecasting for 2002; and - by mid-November
It is designed to analyze the demand in the marketplace, match the most profitable demand to available inventory and manage room inventory by automating the decisions on what reservations to accept at ... what prices, by managing overbooking, availability and length of stay. e-yield㤠is the only completely automated decision solution in the industry and the only solution to forecast group business.