Understanding Traveller Patterns, Tourist Arrival Volumes and Hotel Room Occupancy
Understanding past and future travel trends form an important basis in understanding the hotel revenue management process for the nightly room rates while shaping future sales promotions per nationality or even season. Foreseeing changes and promptly acting on them, can reduce any miscalculated risks and save your business.
Predicting traveller behaviour
ForwardKeys provides the most complete source of global air travel bookings available in the market. Not only historical travel data is available, but our data scientists also provide accurate forecasts. This enables a hotel to include the future booking patterns in their revenue management systems, to monitor room inventory to maximise the yield on room rates.
The ForwardKeys Platform
All of the datasets are available to be consulted at any time of the day, from any perspective (global/regional) to help you uncover which type of traveller will enter the door of your establishment.
ForwardKeys delivers regular reports in Excel format which can zoom in on specific destinations, airports, or nationalities, using historical data as well as API for forecasts and trend alerts.
Our analysts are available at all times to help you understand the data and insights available.
Why do hotels choose to work with ForwardKeys?
To understand what travellers you can expect at your hotel to be better equipped for the demand.
To analyse ForwardKeys’ near real-time data in relation to real-time events to assist you with pricing and staff management.
To build on our analysts’ analysis skills to understand how to read the data.
Download our brochure for more information on the specifications of our products and data packages.