What Data Is Missing?

What Data Is Missing?

1. Occupancy levels

   • Classical Decomposition. Set price from demand.

2. Average Room Rate

   • Can calculate the contribution single/twin/master rooms make to over all revenue

3. Revenue Per Room

   • Can calculate the contribution single/twin/master rooms make to over all revenue

4. Asking/Deal prices

   • If want to expand etc

5. Growth

   • Of the industry, increase/decrease Should it invested in?

6. Map

   • Whats in the local area? eg. Theatre - advertise a theatre deal etc.

7. Statistics on Visitors

   • Business/Leisure. Increase/Decrease.

8. Costs of buildings

   • If want to expand etc.

9. Details about loans

   • Could they get one? What would the payback period be etc.

10. Competitor hotels data

    • Are our prices competitive?

11. Booking(s) data

    • How was it booked? Who books etc.

12. Online receipt

    • Good/bad. Tripadvior. Tweeted about etc.

13. Revenue breakdown

    • Are rooms bringing in the most revenue or the bar/restaurant?

14. Longtitudal data

    • Of tourism, and hotel data, increase/decrease over the years. should it be invested in?

15. Regional Data

    • Good idea to invest etc?

16. Market Share

    • Of this hotel. Competitiors hotel etc.