Monitor all aspects of your business with Protel business intelligence and reporting systems.
Realize the true value of your hotel.
Business intelligence is a concept that is becoming part of daily procedure in more and more sectors.
Discover Your Hotel’s Potential
Monitor all aspects of your business with Protel business intelligence and reporting systems.
Realize the true value of your hotel.
Business intelligence is a concept that is becoming part of daily procedure in more and more sectors.
Discover Your Hotel’s Potential
Monitor all aspects of your business with Protel business intelligence and reporting systems.
Realize the true value of your hotel.
Business intelligence is a concept that is becoming part of daily procedure in more and more sectors.
So, what exactly is business intelligence?
Business intelligence refers to the creation of a “big picture” in relation to the past, present and future of a company. It is achieved by collecting data from all aspect of the company, including interaction, commerce, and stock. This procedure is currently performed exclusively by software. The ability of software to process and interpret large amounts of data sent from various sources has made it easier for auditors or decision-makers to assess the situation quickly and take action.
In recent years, business intelligence has proven its usefulness, and is therefore gaining importance in the tourism sector, amongst others. Business intelligence solutions transfer data among software that they support, therefore rendering hotel management and hotel program utilization more effective.
So, what exactly is business intelligence?
Business intelligence refers to the creation of a “big picture” in relation to the past, present and future of a company. It is achieved by collecting data from all aspect of the company, including interaction, commerce, and stock. This procedure is currently performed exclusively by software. The ability of software to process and interpret large amounts of data sent from various sources has made it easier for auditors or decision-makers to assess the situation quickly and take action.
In recent years, business intelligence has proven its usefulness, and is therefore gaining importance in the tourism sector, amongst others. Business intelligence solutions transfer data among software that they support, therefore rendering hotel management and hotel program utilization more effective.
What are the benefits of business intelligence and reporting systems for hotels?
The most obvious benefit of business intelligence systems is that they provide a clear picture on the current state of available business processes. This allows managers to take strategic decisions about the future of the business more easily. In the business world, “making data-based decisions” or not doing so, can determine whether a company makes profit or goes bankrupt. Managers that make decisions based on data are able to make more informed and accurate decisions on where to allocate their investments, workforce and attention. Furthermore, they can identify weak points and bottlenecks and take action accordingly or simply tolerate them. Even though it is a fact that is often ignored, taking action to eliminate a problem can actually be more costly and harmful for a business than simply tolerating its existence. However, all decisions made must be based on concrete data.
Business intelligence systems are of great benefit for hotels in many areas. These include revenue management, profitability calculation, price correction and marketing activities.
What are the benefits of business intelligence and reporting systems for hotels?
The most obvious benefit of business intelligence systems is that they provide a clear picture on the current state of available business processes. This allows managers to take strategic decisions about the future of the business more easily. In the business world, “making data-based decisions” or not doing so, can determine whether a company makes profit or goes bankrupt. Managers that make decisions based on data are able to make more informed and accurate decisions on where to allocate their investments, workforce and attention. Furthermore, they can identify weak points and bottlenecks and take action accordingly or simply tolerate them. Even though it is a fact that is often ignored, taking action to eliminate a problem can actually be more costly and harmful for a business than simply tolerating its existence. However, all decisions made must be based on concrete data.
Business intelligence systems are of great benefit for hotels in many areas. These include revenue management, profitability calculation, price correction and marketing activities.
Meet the business intelligence and reporting solution offered by Protel exclusively for hotel businesses:
Meet the business intelligence and reporting solution offered by Protel exclusively for hotel businesses:
