Demand Forecasting in Hotel Revenue Management: Key Success Factors You Need to Consider
Understanding hotel demand is a complex science, and it is based on the interplay of a range of different data sources. While this kind of forecasting can never be 100% certain, you can get a good idea of your projected demand by building as many of these sources into...
How can future demand data help hotels increase revenue and plan a right marketing strategy?
Benefits of demand forecasting for hotel revenue Accurately forecasting future demand for hotel rooms can help hotels increase revenue in several ways. Here are the most important ones: Setting the right room rates By accurately forecasting demand, a hotel can set...
An All-in-One COVID Recovery Strategy for Hotels: Lybra Assistant RMS + hoteliga Hotel Management Platform
Lybra, developer of the Assistant, the most complete, machine learning, demand-centric revenue management system (RMS), is proud to announce a two-way integration with hoteliga, an easy-to-use, all-in-one cloud-based hotel management platform, including a Property...
