In the hospitality industry, effective hotel forecasting is essential for successful management and strategic decision-making. in this conversation with Mateusz Sznir, CEO at Pricepoint, hoteliers can learn how to leverage data and use AI to create tailored strategies that maximize revenue.
Matheusz explains that forecasting involves analyzing past data to predict future demand, which helps managers prepare for occupancy and staffing needs. The trend is shifting towards smaller and midsize forecasts, with technology playing a crucial role in enhancing accuracy and enabling real-time decision-making. Furthermore, he highlights the value of advanced technology in transforming forecasting practices.
Read more: Forecasting for the hospitality industry
