Hospitality organizations face many challenges, from competitors, economic and political factors, and global environmental issues, to shifts in customer habits and attitudes. Running a successful hospitality business involves retaining current customers and attracting new guests, all while also conducting the careful analysis and proper interpretation of historical and real time data, including transactions, costs, customer satisfaction, vacancy rates, employee salaries and turnover, seasonal fluctuations, competitor prices, and more. For larger enterprises, extending into new and emerging markets requires predictive analysis, forecasting, and strong global data management.
Neubrain’s Business Analytics for Hospitality solution combines the entire Profit and Loss (P&L) planning and Sales and Operations planning (S&OP) processes into one integrated framework. Through fast deployment, powerful analytical capabilities, accuracy, and automation, the solution enables your management to make informed financial and operation decisions.
The solution features key components for both P&L and S&OP planning:
Our Business Analytics Solution for Hospitality solution supports your business, operations, and data analysts in making a whole host of crucial planning and budgeting decisions. The solution also supports what-if scenario modeling to explore the affects of adding new departments or new activities to your enterprise.