In this discussion with Trevor from Revenue Hub, our own Veit takes us back to basics and looks at the fundamental task of Hotel forecasting. We look at what impact the pandemic, technology adoption and staffing issues has had on why we forecast, what we forecast and how often we review it. Finally, we consider […]
Our Veit Meier and Till Benthien talks with Trevor Grant form Revenue Hub. In this discussion we reflect back on our conversation in April to see how the German Hotel Market has changed in the last 3 months. We cover a number of topics, touching on different German regions, inbound travel, groups and events business, […]
Our own Veit Meier and Till Benthien speak to Trevor Grant from Revenue Hub. The discussion touches on the German hotel market situation, stand April 2021. Chapters: Welcome (1:13) Current Situation in Germany (4:03) Coastal vs City Destinations (9:02) Will Domestic Demand be Enough (16:30) New Supply Will Increase Competition (24:04) Impact of Reduced Regional […]
Our own Veit Meier and Till Benthien speak to Trevor Grant from Revenue Hub and Vassilis Syropoulos, Founder and CEO at Juyo Analytics. The discussion touches on: • What is Forward Looking Data and how far forward are we looking? • Is Forward Looking Data the Holy Grail or a just shiny new distraction? • […]
In this video we discuss a checklist recommending Daily, Weekly and Monthly tasks Revenue Management professionals should be undertaking during this crisis situation. Here are the chapters: 1:06 Guest Welcome 1:59 Daily Checklist 9:43 Weekly Checklist 19:48 Monthly Checklist 29:43 Wrap Up Checklist Things to be checked daily: Pick-Up for next 2-4 weeks per segment […]
In this vodcast we start to look at what does ‘Strategic Revenue Management’ actually mean. We explore what a strategic revenue professional role might look like and what additional information, or data, would be needed to help deliver in this role.