Global economic factors such as discretionary income, oil prices, the labor market, and external events can influence when and where consumers plan to travel as well as how much they are willing to spend. Tracking these uncontrollable factors can give travel and hospitality companies a competitive edge.
In this increasingly unpredictable market, leaders in the travel and hospitality industry cannot afford to miss part of the consumer story. However, managing changing technology and expanding channels is a full-time job for today’s business teams.
Prevedere allows travel and hospitality companies to stay ahead of the competition by constantly monitoring global activity and identifying future changes to their consumers’ booking behavior.
By using Prevedere, travel and hospitality leaders can be notified of headwinds and tailwinds to their bookings performance 12 to 24 months in the future.