Making Decisions in real time is possible: Business Intelligence Analyzer

Data collection has become an essential facet of business management. However, the use of data is more important than the value of the data. As such, transforming the information into an added plus to the decision making process is key through correct interpretation. This is known as Business Intelligence. BUSINESS INTELLIGENCE FROM A TECHNOLOGICAL VIEWPOINT…

{SUCCESS STORY} PARITY MAKER. Reactive automation v. proactive automation

An improvement in the results of any company is based on its ability to optimise processes. In this regard, the automation of different procedures enables time to be saved, the number of errors to be reduced, greater agility, and the attainment of relevant information related to possible clients or the competition. In this context, at…

When holiday season begins on social networks: The social tourist

Understanding the client is essential as far as building loyalty is concerned. Ensuring you reach them through an in-depth knowledge of their needs is one of the key tasks of any hotelier. Being in the right place at the right time is a priority. Communication is an obligatory act, but one that must always come…

The 24-hour economy

By Gina Matheis, CEO en Paraty Tech Managing an inventory of hotel rooms doesn’t differ too much from managing an inventory of any other product. In the decision making process you must consider issues such as rooms you want to sell first of all, others you want to sell second, and ones you want to…

(INFOGRAPHIC) Interesting facts about revenue management

Revenue management has been the undisputed protagonist of hotel management in recent months, nobody doubts that. In addition, much still lies ahead of it. As a technique, it goes hand-in-hand with marketing and therefore it’s a close friend of big data. This is a fact and it will continue occupying many of the specialised contents…

The Revenue Management Cycle: 6 steps to optimise your income

Revenue management is a long-term management strategy with immediate results that optimise the income of a hotel establishment during periods of high and low demand. As such, revenue management could be defined as a demand behaviour prediction technique, the aim of which is to increase a hotel’s income. More specifically, revenue management can be considered…

Paraty Tech felicita o seu parceiro Douro Royal Valley Hotel & Spa

A Paraty Tech dá os Parabéns ao seu parceiro, a unidade Douro Royal Valley Hotel & Spa pelo prémio “Contributo para a Defesa da Gastronomia como Património Nacional”. Este prémio atribuído pela AHRESP, pretende divulgar o que de melhor se faz associado ao sector de Turismo, Hotelaria e Restauração e distingue empresas e profissionais que…

Three essential tools for any revenue manager

Revenue management is here to stay, or at least it seems that way. It’s a fact that the specific characteristics of the hotel sector have made a decisive contribution in recent years to all establishments consolidating their Revenue Management Department in light of the need to optimise income, bearing in mind that rooms are limited,…