Forecasting & Budgeting

Success always starts with a plan. But planning and budgeting for hospitality organizations is a painful, time-consuming process, especially during times of increased uncertainty. And…

If your seasoned revenue optimizers are only focused on guest rooms, who’s going to spice up your hotel’s ancillary revenue sides? Revenue management for guest…

  From our CFO to yours, here’s why a long-term revenue management investment is critical for today’s cash flow and tomorrow’s asset valuation. What are…

With an “expect the unexpected” mindset and the right set of budget & forecasting tools, your ship—er, hotel will confidently chart a course for calmer…

As the floodgates open on pent-up travel demand, it’s time for your hotel to invest in more than a basic pricing tool to optimize incoming…

Game-planning your revenue recovery starts with thinking outside the guest room. Like most of the global working population, I’m writing to you from my home…

  A conversation with Carl Weldon, COO Europe, Hospitality Financial and Technology Professionals (HFTP). For over 30 years, IDeaS has empowered hotels to increase RevPAR,…

  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…