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Travel and Hospitality2020-03-24T15:28:56-04:00

Travel and Hospitality

Gain a holistic view of booking behavior

Dramatically improve booking forecasts globally

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 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.

Inquire about Prevedere’s Travel & Hospitality Solutions

Travel and Hospitality industry professionals can:

Accurately forecast bookings by region

Travel and hospitality industryPrevedere can help travel and hospitality companies accurately forecast booking demand by region, brand, property, and segment. By constantly monitoring the world’s data, Prevedere identifies the external factors that impact the business or leisure booking and ancillary spend.

Discover hidden drivers of travel demand globally

Travel and hospitality industry solutions

Prevedere constantly analyzes global leading indicators, such as China consumers’ travel and shopping intent data.  By better understanding upward and downward pressures by market, region, and segment, travel and hospitality companies develop a fact-based plan to overcome risks and maximize opportunities.

Optimize marketing spend by region and property

Travel and hospitality industry forecasting tools

Travelers expectations continue to change.  Prevedere can generate 6, 12, and 18-month booking forecasts by geography, consumer segment, destination, or trip type.  These reports predict future travel demand to help optimize marketing spend and improve geo-targeted advertising campaigns.

Digital travel sales are expected to exceed
by the year 2020. Prevedere can determine the drivers of travel behavior to improve bookings by region.

Prevedere can develop real-time predictive models across all markets and traveler segments

Global factors such as fuel price, search trends, and savings rate are known demand drivers of the travel industry.

Marketing team can with their agencies to shift spend to future down-markets, months before competition

Key insights from Prevedere