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Hotel forecasting: Revenue, methods and reports

SiteMinder

Hotel forecasting is a method that is used to help managers determine their accommodation’s future demand and revenue performance. As unpredictable as it can be at times, especially after the COVID-19 pandemic, forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions.

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Hotel revenue forecasting: Definitions, models, and best practices

SiteMinder

As unpredictable as it can be at times (especially through the COVID-19 pandemic), forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions. Your occupancy rate. Your average daily rate. Average length of stay. Table of contents.