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Analyzing and Predicting Demand for Overnight Accommodation

Predicting demand for overnight accommodations is essential for everyone in the hospitality and tourism industry. Whether you manage a hotel, a vacation rental, or market an entire destination, understanding what draws people to your area is crucial for making informed business decisions. This blog post investigates the factors that drive travel and offers insights into how accommodation providers can better forecast demand based on the motivations behind a visitors journey.
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Demand Calendar Showcases Profit-Oriented Revenue Management at HITEC 2023 in Toronto

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.
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Total revenue management for future-focused decision-makers

Many decision-makers in hotel companies operating several hotels tend to look into the rear-view mirror when making decisions for the future. The reason is tradition because historically, hotels focused on monthly reports and did not have forecasting processes due to difficulties in obtaining accurate data. As a result, most decision-makers only have experience reading and analyzing monthly reports and are unaware of modern technology solutions to understand the future outlook better.
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Demand Calendar connects and aligns all the roles in the commercial team in independent hotel groups to become more productive working towards the same goals. As a result, on average and over time, our customers have increased their market share by 0.06, which translates to millions of dollars in additional room revenue. We automatically collect detailed data from all systems used in a hotel and make all the same information and insights readily available and accessible. With our suite of functi...
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