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How to forecast with confidence at your hotel

Looking to more accurately forecast at your hotel during these challenging times? We're here to help. In this post, we'll help you forecast with confidence, with three categories of data needed to drive strategic decision making. 

Global survey: how hotel revenue managers are preparing for recovery

With the road to recovery taking various approaches and forms in different countries, regions and cities, we wanted to understand how revenue managers believe their markets will develop, how they see their business mix change as well as which pricing and distribution decisions they will be making.

5 Ways to make the most of competitor data when demand returns

Knowing what your competition is up to has become a key part of revenue management and is more important now than ever before. Find out how you can make the most of competitor data during market recovery and get out ahead when markets recover.

[Country spotlight] Part 2 - When are we seeing a Pickup in Demand in Germany?

In this part of our Germany recovery series we looked at pickup and demand for the remainder of 2020 and what's expected for 2021. 

[Country spotlight] Part 1 - How have hotels in Germany reacted to the lift of travel restrictions?

Travel restrictions in Germany have been lifted. We looked at how hotels in Berlin, Cologne, Frankfurt, Hamburg and Munich have reacted and when is an uptick in demand for these cities expected.

[Data] How are prices advertised holding up under COVID-19? Part 2/2

The evolution of how hoteliers and revenue managers’ pricing strategies have changed under these new circumstances are continued in this second part of the analysis. Find out price change per star rating, hotel size, and hotel type.

[Data] How are prices advertised holding up under COVID-19? Part 1/2

We have observed from our new market data how hoteliers and revenue managers’ pricing strategies have evolved in this new environment and what does this mean year over year?

[City spotlight] Orlando's eye on recovery, Florida

The initial strategy for Orlando hotels will center around targeting drive markets, primarily leisure business, and then phase into the larger regional domestic market moving into the early fall. 

[City spotlight] What are the recovery signs in Shanghai, China?

With early signs of recovery now showing across China, this article looks at what levers and tactics hoteliers should deploy using the data available, as well as forward-facing strategies that can positively impact the bottom line at the hotel and corporate level.

[Interview] The Future of Revenue Management in a Post-COVID-19 World

Together with some seasoned revenue management experts, we explore how recovery could look and what to keep in mind during these times.

5 Ways to leverage your hotel PMS data when demand returns

Data interpretation is key to success. Hoteliers, now more than ever, are in need for advanced technology to assess how and when markets will recover.

[Data] Turning the tide: when will bookings outpace cancellations again?

Cancellations continue to outpace bookings in major markets, but some cities have turned the tide and are working their way to turn this ratio again. We take a look at the latest developments, including OTB and flight data.

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