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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