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Hotel forecasting: Methods for small hotels

Little Hotelier

Three of the most common hotel forecasting methods include: Revenue management forecasting: Used to predict future demand. Operational forecasting: Used to predict the resources required for the smooth operation of your hotel, which helps you to arrange adequate staff levels and order the materials you need.

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What is a booking engine? How to increase profitability and direct bookings

Cloudbeds

In this guide, we’ll examine how an integrated booking engine brings value to lodging operators, using real-world examples from our customers and advice on what to look for in a new booking system. Integrated booking engines come equipped with in-depth reporting capabilities since data is centralized from your PMS and channel manager.

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Top 7 KPIs every hotelier must track

Hotelogix

Hoteliers across the world, in order to optimise their operations and enhance their profits, closely monitor their KPIs. That being said, there are a handful of KPIs for hotel general manager which help hoteliers meet the benchmarks set. The RevPAR metric helps in evaluating the hotel’s operational performance.

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111 – TMG Hospitality Trailblazers: Patrick Pahlke

Travel Media Group

And, at one point, when I was six years old, we stayed, we lived in a hotel for, for three months, and that hotel was my playground and the general manager of that hotel was like a god for me. And ultimately Sage, we want Sage to become the nation’s preferred lifestyle hospitality management company.