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How to use forward-looking demand data in revenue management

How to use forward-looking demand data in revenue management

FromHotel Insights by eHotelier


How to use forward-looking demand data in revenue management

FromHotel Insights by eHotelier

ratings:
Length:
18 minutes
Released:
Dec 14, 2021
Format:
Podcast episode

Description

Prior to COVID, revenue management systems primarily relied on historical data together with movement in forecasts to aid revenue management decision making. However, with changing guest booking patterns as well as external influences such as border closures, historical data may not be the most reliable basis for revenue management in the future.

We discuss:

How revenue managers and hoteliers need to adjust to the new demand landscape.What is forward-looking data?How a hotel can leverage forward-looking demand data as part of its revenue management and distribution strategy.How hoteliers can get the most out of forward-looking data in their RMS.

Download “The Ultimate Guide to Using Forward-Looking Demand Data to Maximize Revenue”
Released:
Dec 14, 2021
Format:
Podcast episode

Titles in the series (50)

Addressing the key challenges facing hoteliers, covering all aspects of hotel management, including: LeadershipCommercial ManagementOperations ManagementFinanceHuman Resources and more. Guests include leaders from hotel groups, suppliers and education. Globally industry leaders rely on eHotelier for the latest trends around the world to build their careers, grow their teams and their businesses. Subscribe today, learn from global leaders and never miss a trend again.