Best Methods for Budgeting and Forecasting in the Hospitality Industry
Do you need daily numbers for each property to improve tracking and planning? Are your spreadsheet processes cumbersome and out-of-date? See what the best-of-breed hospitality companies are doing.
Here at LPA, we recognize that hospitality property management has its own set of unique necessities:
* Obtaining and organizing data to generate daily forecasts,
* Gaining insight into competitor and market trends,
* Obtaining real-time rollup and consolidation of actuals and forecasts,
just to name a few. With these challenges in mind, we've designed a solution that integrates with your existing systems and extracts data to provide visibility to key metrics and with just a click or two. We can now offer hospitality companies an out-of-the box solution that can be implemented quickly to achieve daily forecasts, manage REVPAR, and track other relevant metrics.
Brendan Austin, an industry expert who has worked with both very large and mid-sized hospitality management companies will present a webinar on March 4th, noon EDT, on "Best Methods for Budgeting and Forecasting in the Hospitality Industry." Register for the Tuesday session today.