Hotel Revenue Strategies Must Shift from Competitive Set Analysis to Unified Demand Forecasting for Profitability
📈 Three teams, three forecasts, one loss: Sales, Revenue, and Marketing teams at a hotel operated separately, causing a missed opportunity of €11,000 when a 200-room group was priced at €110 instead of €165. Despite RGI being up, profit decreased due to a shift to OTAs and increased CAC. A unified forecast approach across all revenue streams, including F&B and ancillary services, is needed to prevent these inconsistencies and optimize revenue.
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