We’re delighted to hear that the hotel industry in the UK seems to be bucking the trend when it comes to business.
PwC’s forecast for 2018 predicts that hotel occupancies could be as high as 76% in the regions and 83% in the regions during 2018.
And RevPAR – revenue per room – is also expected increase by 2.4% in the capital and a 2% in the rest of the UK. We already know that huge numbers of new hotel rooms are being built.
Yet we also know that the uncertainties caused by Brexit, coupled with inflation, are causing concern. Labour may be even harder to come by, and more expensive; the cost of supplies is rising.
In fact, trading in 2018 is looking like a roller-coaster ride.
Many hospitality businesses suffer from an ad hoc mentality, running day by day, week by week with little real data on which to base their forecasts or plans.
Intuition is a great thing – but having the actual information to back it up is an incredible asset. Good Business Intelligence can help provide the efficiency coupled with superb customer service that can create a genuine competitive edge.
So we’ve prepared a 10 question health check for your business – and some technology tips for survival.