Forecasting & Budgeting
If your seasoned revenue optimizers are only focused on guest rooms, who’s going to spice up your ancillary revenue sides?
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.
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 waters.
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 streams of revenue.
Game-planning your revenue recovery starts with thinking outside the guest room.
A conversation with Carl Weldon, COO Europe, Hospitality Financial and Technology Professionals (HFTP).
With continual moving targets, shifting guidance, and volatile markets, hotel forecasting and budgeting has become borderline Sisyphean.
From the guest room to the lobby bar, RevPlan enables revenue managers, finance directors and hotel leaders to effectively budget, plan and strategize using automation and scientific forecasting.