Hospitality

The challenges

Understanding hotel room occupancy

Understanding travel trends forms an important basis in understanding the yield management process of hotel rooms. Foreseeing changes and promptly acting on them eliminates any miscalculated risks. In an age of digitalization, how can hotels take into account this important factor in calculating the right prices to charge?

The solution

Predicting traveller behaviour quickly & easily

ForwardKeys provides the most complete source of global air travel bookings available in the market. Not only historical travel data is available, our data scientists also provide accurate forecasts. This enables hotels to include the future booking patterns in their revenue management systems, to monitor room inventory to maximise the yield on room rates.

Solutions

The ForwardKeys platform

All datasets available can be consulted at any time of the day, looking at any location globally to find out which travel audience will pass by what airport terminal.

ForwardInsights

ForwardKeys delivers regular reports in Excel format which can zoom in on specific destinations, airports, or nationalities. ForwardKeys delivers regular reports in Excel format which can zoom in on specific destinations, airports, or nationalities. ForwardKeys delivers regular reports in Excel format which can zoom in on trends of specific airport terminals.

Analyst services

Our analysts are available at all times to help performing data analysis and understanding the data.

Why hotels choose to work with ForwardKeys?

The future

To understand what travellers can be expected to capture opportunities.

The events

To analyse ForwardKeys’ near real-time data which delivers better understanding of the interplay of travel and consumers on-demand, helping with yield management .

The insights

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.

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