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How accurate are your room revenue forecasts?
The
Intercrew Systems’ Revenue Forecasting Tool
is a robust, enterprise-level application that’s supported
hospitality professionals since 2000. Our software is designed
for the unique hospitality industry, offering exceptional
multi-unit and multi-brand versatility. We deliver the only
true revenue forecasting tool on the market. Other black
box solutions don’t reveal true performance details,
but our software ensures you stay hands-on and involved.
Rather than replace the Revenue Manager, we enhance their
role, improving efficiency and effectiveness within any
sized establishment. Simplify and strengthen your hotel
forecasting, revenue and labor management, property valuation
and inventory management. The RFT helps you systematically
understand and forecast length of stay patterns plus current
and future business demand trends. So you optimize price
and availability accordingly.
Do you
know what your hotel does well? Do you know where additional
opportunity might exist? Would you like to make more house
profit without increasing demand or finding new customers.
The Revenue Forecasting Tool is a powerful and integrated
tool to maximize day-to-day processes. So you’re better
able to focus on more high-level functions like business
process analysis, strategic development, supervision, policy
and procedure enforcement, business profitability study,
retail and group price analysis and stronger room revenue
day-by-day forecasting by market segment.
The
Intercrew Systems’ Revenue Forecasting Tool helps
you anticipate and budget daily and monthly room revenue,
analyze market segmentation and daily room inventory, so
you maximize your hotel’s selling strategy. You can
easily eliminate anomalies or one-time booking patterns
from trend calculations to get a real blend for accurate
forecasting going forward. By standardizing the process,
users are forced to follow best practices, helping you build
a methodology. Intercrew Systems gives multi-brand operators
one, customized revenue management process across all hotel
brands, unifying your sell strategy, allocating personnel
wisely and helping hotels employ a higher-level Revenue
Manager to support several units. This integrated approach
saves time, improves performance and cuts cost.
Revenue
Managers can finally see what each hotel is doing and what
it will do in the future, day-by-day by market segment.
Understand the impact of government, third-party Internet
vs. opaque Internet. Track early departures, no-shows, same-day
cancellations and walk-ins. You’ll always have the
information you need to provide a standard day-by-day oversell
factor, thus maximizing revenue through more frequent perfect
sells. The Revenue Forecasting Tool tracks and forecasts
the room sold and rate by every market segment, day-by-day
in every detail.
The
Revenue Forecasting Tool seamlessly integrates with all
major group management systems to strengthen data analysis
and reporting. Revenue managers can automatically import
actual segmented day-by-day room and rate information to
easily manage and analyze group blocks from Delphi™,
Daylight Software, Hotel SalesPro® or other historical
and group sales automation applications. So you avoid manual
data entry.
With
the Intercrew Systems’ Revenue Forecasting Tool, you
can generate more than 15 versatile reports. You also have
the ability to add custom reports suitable for your unique
business model. Real-time reports deliver broad, high-level
overviews of your competitive landscape, group and transient
trends, current, historical and future statistics, along
with series analysis to maximize corporate-level sales and
marketing initiatives. Rollup reports improve your overall
visibility, including cumulative totals by region, brand,
service or other allocation level. While the value-added
information is arguably the strongest reporting benefit,
Intercrew Systems also makes them presentation-ready, aligning
with and simplifying senior-level reporting or team meeting
preparation.
Using
the Revenue Forecasting Tool, Revenue Managers can optimize
business opportunities by leveraging customer demand, understanding
trends and their high-level competitive landscape. This
insight allows for stronger strategic planning of target
promotions and advertising, group room ceilings, target
rates by day of week and retail price positioning.
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