In recovery there is a need to disregard past forecasting approaches and make use of new, forward-looking data points to inform decision making.
Hoteliers who make confident, proactive decisions, grounded in data, will emerge from this reopening and budgeting period with the foundations for success.
This budget season, high-quality data will be key to navigating the increasingly complex business environment post-Covid.
In a world where companies need to constantly innovate to stay ahead of the competition, listening to customer feedback and then acting on it is mission critical. That sentiment has never held truer than it does today.
With many prognosticators suggesting it will be 2024 or 2025 before the hospitality industry has fully “recovered,” it might be tempting to keep the purse strings tight and bide your time. But, the hoteliers looking to position their properties as leaders in their markets are preparing now.
In part three of our three-part 2020 revenue leaders series, we spoke with top executives from around the globe to get a sense of new habits or personal goals that helped them get through the year. Below, we outline how hoteliers have managed to get through the year.
In part 2 of our three-part 2020 revenue leaders series, we asked leading revenue experts how the increased focus on technology and automation will affect the employment landscape.
Using Market Insight, we will take a look at three popular U.S. destinations: New York City, Salt Lake City, Utah, Miami, Florida, and the key indicators that are showing positive trends leading up to 2021.
In part one of a three-part 2020 revenue leaders series, we highlight best practices from some of hospitality’s top leaders on pricing during a pandemic and preparing for the industry’s inevitable recovery.
New top-of-funnel search data available from OTA Insight shows the announcement of several promising COVID-19 vaccines might be the shot in the arm hotels needed to get a true recovery under way.
Market Insight provides real time information and suggestions, based on the most current culmination of data points around GDS, major OTA’s, Meta-Sites, flight and consumer searches, alternative lodging, and public holidays/events.
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