Whitepapers

Modern Hotel Budgeting & Forecasting: From Annual Plans to Real-Time Insights

Written by Otelier Experts | Mar 27, 2024 3:50:41 PM

While annual financial budgeting is a process typically relegated to the back half of the year, the smartest hoteliers know budgeting is a year-round process and that a more dynamic forecast is crucial to staying ahead in today’s market.  

Download the whitepaper to learn how to: 

  • Build a Framework with the Right Budget Drivers   
  • Ensure Collaboration Among Key Budget Stakeholders 
  • Forecast More Frequently to Inform Dynamic Profit Strategies

Sources: 
Jason Freed, Hospitality Data Evangelist, Otelier 
Russell Meek, Senior Product Manager, Otelier 
James Turnbull, Director of Operational Finance, KSL Resorts 
Billy Copelan, Director of Revenue Management, Sea Island Resort