Hospitality BI

hospitality

Analyzing the Use of Advance Booking Curve in Forecasting Hotel Reservations

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Although there is considerable interest in advance bookings model as a forecasting method in hotel industry, there has been little research done to analyze the use of advance booking curve in forecasting hotel reservations. The mainstream of advance booking models reviewed in the literature uses only the bookings-on-hand data on a certain day and ignores the booking data beforehand. It is also common industry practice using only the current bookings-on-hand and ignoring the booking data beforehand in forecasting. This empirical study analyzes the entire booking dataset in one year provided by Hotel ICON, and identifies the trends and patterns in the data. The analysis demonstrates a more in-depth understanding of advance bookings modeling and the use of advance booking curve in forecasting hotel reservations at property level.

Learn how IQubz Hospitality BI delivers hotel booking pace reporting and advance booking curve analysis by automating booking data extract, data warehousing and data visualization.

The above abstract is originally published in a research paper on the Iowa State University’s website.

For the complete research paper, click here.

IQubz Announces Release 2.0 of its Hospitality Business Intelligence, built on the Microsoft BI Platform, for Hotel, Resort and Tourism Industries

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Southern California-based Microsoft Certified Partner announces the new release of its hotel BI solution, built on Microsoft SQL Server platform, with improved data integration, dashboards, scorecards, analytics, and lower total cost of ownership

Lake Forest, CA, January 26, 2010

IQubz LLC, a global software solutions provider, announced today the availability of its next version of IQubz Hospitality Business Intelligence (Hotel BI), a comprehensive data warehousing and analytics solution delivering revenue, customer, and marketing intelligence. With hospitality dashboards, scorecards and ad-hoc reporting, hospitality organizations can make informed and timely decisions while improving collaboration, productivity and profitability. The latest release offers improvements such as web-based analytics, lower total cost of ownership and faster integration processes.

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The Value of Hospitality BI

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Why Hospitality Business Intelligence?

Reporting Today, Yesterday’s News?

Your reporting system may deliver hundreds of packaged reports. Do you still resort to running queries, and extracting, copying, pasting, manipulating and formatting data as part of your “reporting” function? At the end of the day, is the information still relevant? Is it comprehensive? Is it accurate? Are your property managers, sales managers, marketing managers, revenue managers, and C-level executives on the same page? The hotel business has become increasingly competitive with your hotel room sold as a commodity on someone else’s website. Your business environment is changing rapidly. Can you afford to manage your hotels by looking at yesterday’s figures?

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IQubz Accomplishes Scalability and Performance Tests of its Hospitality Business Intelligence (BI) and CRM Solutions at Microsoft Technology Center

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The joint team at IQubz and the Microsoft Technology Center (MTC) tests IQubz solutions built on Microsoft Dynamics CRM and Microsoft BI platforms for hotels, chains and resorts

Newport Beach, CA, September 8, 2008

IQubz, a global provider of Customer Relationship Management (CRM) and Business Intelligence (BI) solutions, announced today that it accomplished the scalability and performance test of its solutions at the MTC in Irvine, California.

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