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Does a pandemic qualify for business interruption insurance? It’s a question hoteliers shouldn’t be asking
As a fresh round of stricter COVID-related guidelines grip many parts of the world heading into the new year, the
Unlock dynamic reporting and analyze monthly data in real-time. With access to more than 500 KPIs, you can compare your operation to competitors, see a full picture of your hotel’s operational costs and use deep insights to boost your bottom line.Learn More
Download comprehensive hotel data from more than 600 global markets, including departmental revenue, cost of sales, payroll, expenses and profitability patterns. Use the most detailed reports in the industry to read the market, make wiser development decisions and trigger smarter investments.Learn More
HotStats has enabled us to review, on a monthly basis, each of our hotels’ individual performance to the properties within the HotStats database. This is providing solid third-party benchmarking and tracking capabilities for our operations teams to analyze and then tweak daily routines on property. It is enabling us to pinpoint specific areas within the P&L that we can improve upon as well as magnify where we are excelling."
VP of Acquisitions & Asset Mgmt., McNeill Hotel Company
"As an industry, we’ve historically put a great level of emphasis on benchmarking room revenue on a weekly and monthly basis. Benchmarking for the rest of the P&L, however, is often limited to annually. HotStats now provides hotel managers with the opportunity to benchmark the detailed line items of the P&L on a monthly basis. As operators, this allows us to stay current with the latest trends in the market and to respond immediately by adjusting operations as needed."
VP of Finance & Analytics, Prism Hotels