Here is a comprehensive list of benefits for many different roles in a hotel, including a few action points for each role.
How to budget and manage Customer Acquisition Cost
The traditional P&L based on cost categories is not telling stories about what is going on in the business, nor does it help make any relevant decisions.
When nothing is normal: managing hotel revenue during COVID-19
Given that revenue management strategies rely heavily on demand, how can hotels optimise their future pricing when little or no demand exists?
Free eBook: 10 things to know about revenue management
This ebook from Franco Grasso Revenue Team is an introduction to revenue management for executives, general managers, and hotel owners.
IDeaS RevPlan Total Revenue Forecasting Module piloted by Loews Hotels
Hotel brand embarks on a journey beyond rooms revenue management toward total profit optimization with IDeaS.
MOB HOTEL selects IDeaS for pricing, forecasting and reporting
Paris-based hotel group set to drive greater operational efficiency and more competitive rates with IDeaS Pricing System.
Radisson Hotel Group implements IDeaS RevPlan
147 Radisson Hotel Group properties invest in new technology to drive significant time savings and organisational alignment.
SMARTments Business selects IDeaS
German-based company partners with IDeaS to deliver automated, dynamic pricing and accurate forecasting across its growing portfolio of the SMARTments business unit.
Not all data is good data: Build an accurate vision for the future with your RMS
Hotels are hungry for more data to better predict future revenue performance, but information sources have been severely disrupted due to the impact of COVID-19. So, what should hoteliers do when they begin to doubt the data sources they have previously based key planning and decision-making around?
How to get hotel department heads to want to do their financial forecasts
Here are four tips to work on if you want to create the kind of environment that has your leaders and managers wanting to do their monthly financial forecasts, commentaries or budgets.