Remove Consumer Remove Forecasting Remove Net Operating Income Remove Occupancy
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Survey: NYU, EY offer CFO insights

Hotel Business

Recognizing that pent-up demand is still a major factor in play for consumers—despite hurdles like an economic downturn and inflation—hospitality CFOs finding solutions to their problems today will be worthwhile long term.” Top two industry trends causing the most strain on hotel net operating income: 1. Labor shortage 2.

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AI for Hotels: A Guide to Artificial Intelligence for Hospitality Leaders

Hotel Operations

Hoteliers today are seeing a direct impact of revenue management systems on optimizing price and increasing Net Operating Income and the total incremental value created for hotel assets,” shared Mike Chuma, VP of Marketing, Engagement & Enablement at IDeaS. Forecasting demand is an example. “We’re