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As hotel revenue managers are asked to forecast, reforecast, and then reforecast again, the added scrutiny has exposed serious flaws with forecasting in the…
A conversation with Carl Weldon, COO Europe, Hospitality Financial and Technology Professionals (HFTP). For over 30 years, IDeaS has empowered hotels to increase RevPAR,…
Welcome back to 3 Forward Questions—a series in which I invite renowned hotel industry leaders to answer a trio of future-looking queries about the ever-changing…
Our communications intern shares how she unexpectedly spent her summer. It all started when I began applying for internships in the fall of 2019. My…
The new BAR by LOS functionality in IDeaS’ integration with TravelClick brings clear and actionable data insights to help recovering hotels enhance revenue and guest…
At the end of July, the hotel industry celebrated an increase to 48 percent occupancy—add that to the list of things I didn’t think…
With continual moving targets, shifting guidance, and volatile markets, hotel forecasting and budgeting has become borderline Sisyphean. “Forecasts” and “budgets”—two words that create angst…
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