As a Revenue Manager in the hotel industry, your primary focus is to optimize room revenue, evaluating and acting on performance metrics, and spearheading the commercial direction of your property, or portfolio of properties.
But, chances are, a significant portion of you and your team’s time is spent on more labor-intensive tasks such as creating reports from isolated datasets, that are distributed across various systems and manually analyzing data that is plagued by inconsistencies and compromised by quality issues.
Due to what seems like an exponential rise in data complexity, combined with a reduction in time and resource, many Revenue Managers feel trapped, unable to extract the actionable insights they need to drive business performance – and the net is tightening.
Luckily, hotel Business Intelligence (BI) is to the rescue.
There’s a growing consensus that Revenue management workflows need to be simplified in order to cut through this excess of data and find the insights that…