by Lybra Team | Mar 20, 2023 | News
Introduction to price elasticity in the hotel industry Price elasticity is an essential KPI for any business, and the hotel industry is no exception. It measures the responsiveness of demand for a product or service to changes in its price. In other words, it helps...
by Lybra Team | Jan 20, 2023 | News
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...
by Lybra Team | Dec 29, 2022 | News
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...
by Lybra Team | Feb 21, 2022 | Hotel Management
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...
by Lybra Team | Oct 28, 2021 | Destination Insights
By Michela Ciccarelli, Destination Data Specialist at Lybra Tourists looking for flights to Spain are mainly domestic (22%), but foreign markets are growing; in the main Spanish tourist destinations, there has been a significant increase in searches by Italians, but...