In collaboration with our partner HotStats, we are excited to announce the launch of our Second on-demand webinar under the Hospitality Dialogue series:
This webinar is tailored to provide you with valuable insights and strategies to maintain profitability during economic challenges and fluctuating market conditions. Discover how to effectively manage costs, optimize revenues, and enhance cash flow to safeguard your bottom line while boosting profitability. We’ll also explore the importance of scenario planning for your business and how to prepare for an array of economic situations. Plus, learn about the powerful tools and analytics from Fairmas and HotStats that can help you stay agile and adapt to the uncertainties of the economy.

Tanya Venegas, MBA, MHM, serves as the Vice President of Commercial at HotStats, a global leader in monthly profit-and-loss benchmarking for the hospitality industry and now part of Duetto. In this role, she oversees the Commercial Team, encompassing business development, customer success, and marketing, with a focus on delivering exceptional value and service to HotStats clients.
Before joining HotStats, Tanya was the Executive Director and an HFTP Fellow at the Hospitality Financial and Technology Professionals (HFTP) Research Institute, based at the University of Houston’s Conrad N. Hilton College of Hotel and Restaurant Management. A respected voice in the industry, she is a frequent speaker at hospitality finance and technology events and a contributor to leading global publications.

Oliver's remarkable hospitality education and extensive experience have propelled him to become one of Fairmas' key and most senior executives since 2014. Today, Oliver is the Chief Commercial Officer at Fairmas. In his previous role, Oliver successfully managed Product Management and played a pivotal role in the initial implementation of the company's financial planning tool, which is widely used today.
As Chief Commercial Officer, Oliver shapes Fairmas' strategic direction. With over 15 years of international hospitality experience in financial planning, his expertise is extremely valuable. His deep industry knowledge and user perspective enable him to meet the unique needs of Fairmas' customers.
Fairmas is a trusted BI hospitality software provider specialised in financial planning, controlling and management solutions worldwide since 2003. Since the company’s foundation, its focus has been on the development of innovative, tailor-made hotel software. With the company’s continuous growth and steady expansion of their product range, more than 5,500+ hotels around the world with 18,000+ users in 115 countries, are satisfied with Fairmas.
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."
Anna Rench,
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."
Paul Mengacci,
VP of Finance & Analytics, Prism Hotels
As Cycas continues to grow and expand its European portfolio the, data insight that HotStats provide, has been invaluable in supporting us going into new markets and investments, as well as enhancing our performance in our existing hotels and properties. The tool has supported our focus on benchmarking and understanding the cost structure and analysing detailed P&L data. For our traditional hotels, as well as our extended-stay portfolio, this has emphasised where our result-driving strategies need support if not have excelled against the rest of the market.
Neetu Mistry,
Chief Commercial Officer, Cycas Hospitality
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