Why QueBIT for Hospitality & Property Management
QueBIT’s solutions for hospitality analytics and demand planning offer an intuitive, interactive planning environment with highly accurate predictive demand forecasts. Our solution generates forecasts using advanced statistical and machine learning techniques. Our tools for planning enable finance teams to plan costs by department and headcount, while operation teams can plan by Account/Region/Property/Department and/or by using a room occupancy driver based model. Reporting options include financial, operational, workforce, and executive review dashboards. The reporting tool will allow for rich Account/Region/Property/Department level reporting, including the capability to incorporate STR, GSS, and brand specific data for more holistic operational reporting.
Predictive Demand Planning & Forecasting for Hospitality & Property Management
Predictive demand planning is the result of leveraging highly accurate demand forecasts generated by predictive models within an intuitive, interactive planning interface. Predictive demand analytics enables you to maximize revenue and control costs by driving higher accuracy of demand forecasts. When implemented, you gain abilities such as modeling seasonal trends, new property modeling, and demand planning by Account/Region/Property/Department. By being able to accurately predict demand at both an individual property as well as across a region or grouping of properties business is able to better resource the properties to achieve lower costs well increasing revenue per occupied room along with overall customer satisfaction. Galileo adds unique value by providing QueBIT’s proprietary methods of independently modeling trends and seasonality.
Workday Adaptive Planning for Hospitality & Property Management
Cloud-based planning and forecasting yield winning results for the hospitality industry:
- Flexible planning software that gives hospitality and restaurants a competitive edge and insight they need into their data
- Scalable and powerful hospitality planning—plan using variable cost drivers driven by rooms occupied, fixed, variable, etc. drivers to enable faster and accurate decisions
- Company-wide planning for everyone—whether you’re an owner, regional manager or property manager, Adaptive allows for real collaboration across the entire company in real time
- Flexible labor planning—forecast the appropriate positions to cover the customer demand with confidence
- Guest Satisfaction Surveys – keep a close eye on how your properties are performing using the GSS metrics and analyze how properties are doing over time
- STR weekly reports can be easily updated and distributed using ReportWORQ to the property managers on a weekly basis
Leaders in the property and restaurant space need accurate data in a timely fashion across all aspects of the industry that they can be confident in. Successfully managing this challenge requires a robust planning solution, such as Workday Adaptive Planning Cloud.
ReportWORQ makes the job of generating and distributing dynamic reports from Adaptive OfficeConnect EASY! ReportWORQ is a cloud-based system for generating and distributing professional Adaptive reports on an ongoing basis.
QueBIT is an award winning consulting firm that partners with best-of-breed technologies to deliver exceptional results. QueBIT’s experts combine industry and business experience with deep technical skills to advise on, design, build and deploy practical analytics solutions that add value to our customers’ businesses.