Forecasting

Strategic Tool for Analyzing Past Trends in order to Make Predictions About Future Demand to Optimize Hotel Occupancy and Profit

Recent Posts About Forecasting

25 Nov 2009 Forecasting

Revenue Manager, You Forget Your Forecasting Tools

Forecasting is the process of estimation in unknown situations. All successful revenue management strategies  are based on the ability to…

11 Nov 2008 Forecasting

The Impact of Flexible Pricing on Forecast Accuracy

Flexible pricing, flat rate, dynamic pricing ,and floating rates, all Revenue Management (RM) must begin with a scientific approach to…

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