Resource CenterIn a move set to revolutionize hotel financial management, HotStats, the leading global provider of monthly profit and loss data benchmarking for the hotel industry, has unveiled a new 2-way interface with Fairmas, a trusted BI hospitality software provider specialised in financial planning, controlling and management solutions worldwide. This integration marks a significant leap forward in data accessibility and performance analysis for hoteliers and revenue managers.
The newly launched interface, currently in its beta phase for select Fairmas clients, enables a seamless two-way flow of critical financial and performance data. Hotels can now effortlessly push their financial data to HotStats while simultaneously pulling key performance indicators and valuable competitor data back into their systems.
A standout feature of this integration is the ability for users to access HotStats' comprehensive benchmarking data directly within Fairmas' FairPlanner environment. This eliminates the need for separate logins, streamlining workflow and saving precious time for busy hotel professionals.
"This integration represents a major step forward in how hoteliers can leverage data for strategic decision-making," said HotStats CEO Michael Grove. "By bringing our extensive performance metrics directly into the planning environment, we're enabling faster, more informed decisions that can significantly impact a hotel's bottom line."
The interface allows users to view the most utilized hospitality KPIs of their selected competitive set within their planning software. Hoteliers can choose which compset to use for data pulls from the HotStats API and can change their selection and refresh their data at any time, providing unparalleled flexibility and up-to-date insights.
Key benefits for hoteliers and revenue managers include:
- Rapid access to critical performance indicators without platform switching
- Enhanced competitive analysis capabilities
- More robust financial planning and analysis tools
This development underscores HotStats' commitment to providing the hospitality industry with cutting-edge solutions for performance benchmarking and analysis. By partnering with Fairmas, HotStats is expanding its reach and making its valuable data more accessible than ever before.
Hoteliers and revenue managers interested in participating in the beta testing program are encouraged to contact HotStats or Fairmas. This presents a unique opportunity for industry professionals to shape the future of hotel financial management and gain early access to this powerful new tool.
As the hospitality industry continues to evolve, integrations like this HotStats-Fairmas interface are set to play a crucial role in driving efficiency, improving decision-making, and ultimately enhancing profitability for hotels worldwide.
Join the Beta Testing program and shape the future of hospitality. Your insights will be crucial in refining our product and revolutionizing the industry. Contact Fairmas or Hotstats today to participate in this exciting opportunity.
About HotStats: HotStats is a leading global data company offering specialized performance analysis and benchmarking for hotels. It collects financial and operational data from over 12,000 properties worldwide, providing valuable insights for owners, operators, and investors. For more information, visit hotstats.com or email AskUs@hotstats.com for a personalized demo.
