Lodging Occupancy and Revenue in Southeast Take Hit Post Hurricanes

Lodging occupancy and revenue in the Southeastern U.S. both took a dip during the month of September in the wake of the hurricanes that swept through the region. According to data collected, analyzed and distributed by Inntopia in their monthly DestiMetrics Market Briefing yesterday, as of Sept. 30, aggregated actual occupancy for September among participating …

Business Intelligence Quick Tip: Want to View Multiple Reports at Once?
Business Intelligence Quick Tip: Want to View Multiple Reports at Once?

Sometimes it's helpful to see more than one report at a time, especially if you are trying to compare the data.  You can right click on a report and select Open link in new tab.  This will allow you to have a browser tab for each report you would like to view.  Then you can …

iTrip logo image
New Business Intelligence Partner: Hey, iTrip!

iTrip is an online vacation rental management business that has been offering a competitive advantage to property managers for a long time. In many of their markets, that advantage is growing because iTrip franchisees are now eligible to contribute data to their destination's Inntopia BI database and get access to the powerful Destimetrics platform in return. We're …

Business Intelligence Quick Tip: Zoom into DMX Reports? Yes, Please!
Business Intelligence Quick Tip: Zoom into DMX Reports? Yes, Please!

Did you know you can zoom in on your DestiMetrics reports? Click, hold and highlight the area you’d like to zoom in on to see report details.  This is great for busy reports like the DOR!  When you’re done, click on the Reset Zoom button in the top right corner of the chart.  This just opened …

Revenue Management, Part 4: Strategies and Processes

If you’ve read the other three posts, you’re probably thinking “how do I bring all of this together?” Ask yourself these three things: What is my strategy? What are my goals? What processes do I need to achieve my goals? How Do I Develop a Revenue Strategy? Work with your entire team to determine what your revenue …

Revenue Management, Part 3: Forecasting and Planning

In Part 2 of our series, we discussed market conditions that can affect your decision making. If you’ve researched those factors, you’re ready to take that information and put it into action. But exactly how do you do that? Read on to learn how to build a forecast with that information. Why Is Forecasting Important? Forecasting revenue …

Revenue Management, Part 2: Market Conditions and the Impact on Decision Making

I love “geeking out” over Revenue Management, can’t you tell? As a former General Manager and Lodging Director, I’ve trained myself to always look at the big picture when it comes to Revenue Management. This approach allows for staying a step ahead of the competition and industry trends, and for adjusting your strategy proactively when …