revenue forecasting
Demand Calendar Showcases Profit-Oriented Revenue Management at HITEC 2023 in Toronto
Demand Calendar | June 26, 2023
[STOCKHOLM, SWEDEN] – June 26, 2023 – Demand Calendar, a comprehensive revenue and profit management system, will be exhibited for the first time at HITEC in Toronto. Demand Calendar, designed with a profit-oriented approach, aims to provide hotel businesses with tools for more accurate total revenue forecasting, effective management of customer acquisition cost, and profit optimization. Visit booth #517 to learn more about profit-oriented total revenue management. Profit-Oriented Revenue Management is an approach that optimizes the total revenue mix to maximize profit flow-through, focusing on attracting guests and customers who spe...
Oxford Collection Partners With IDeaS to Increase Efficiency and Competitiveness
IDeaS | March 15, 2023
IDeaS G3 RMS selected for its automated central management and detailed forecasting capabilities MINNEAPOLIS—March 15, 2023 — IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, announced today that Oregon-based Oxford Collection chose to adopt G3 Revenue Management System (RMS) across all its 17 U.S. hotels to deliver precise pricing and forecasting, manage operational resources more economically, and increase market share. Given its goals to increase efficiency, expand operations, and remain nimble in the face of competition from larger brands, Oxford Collection needed a mo...
IDeaS RevPlan Total Revenue Forecasting Module to Be Piloted by Loews Hotels & Co
IDeaS | April 6, 2022
Hotel brand embarks on a journey beyond rooms revenue management toward total profit optimization with IDeaS MINNEAPOLIS—April 6, 2022—IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, announced today Loews Hotels & Co will pilot the total revenue forecasting module in IDeaS RevPlan, a cloud-based tool that streamlines forecasting and budgeting processes for rooms, food and beverage, and other income. Loews has already successfully leveraged RevPlan’s automated financial forecasting capabilities for guest rooms, gaining significant time savings across its portfolio. The...
ProfitSword and Duetto Partner to Provide Hotels With Latest in Time-Saving Revenue and Performance Forecasting Accuracy
ProfitSword, LLC | September 21, 2021
Leading innovators of business intelligence and revenue management technology announce an integration offering hoteliers access to revenue projections for seamless budgeting and business performance analysis. Alpharetta, GA and San Francisco, CA – September 21, 2021 – ProfitSword, a premier developer of business intelligence and data integration software, is proud to announce the integration of its BI platform with Duetto, a leading innovator of advanced revenue management technology for the hospitality industry. Properties of any size and market segment type can now take advantage of this integration that eliminates the time-consuming ...