by Lybra Team | Jan 26, 2023 | News
You run your hotel beautifully, crafting wonderful experiences for guests – whether they are joining you for business or pleasure. But in today’s digital age, industries of all kinds are looking to the future and considering how they can use data to optimise and...
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 | Dec 22, 2022 | News
As a hotel revenue manager, you have the important job of managing your hotel’s finances in order to maximize profits. It’s a challenging job, but there are several tips you can use to make your job easier and more successful. Keep reading this article to discover...
by Lybra Team | Dec 13, 2022 | News
A good Average Daily Rate (ADR) is every hotel owner’s dream. It shows your hotel is doing well and helps keep your business on track.So, how exactly can you increase your ADR to realise remarkable returns?To that end, we have compiled a few tips to help you improve...