"Workflows & Espressos," hosted by Meaghan Moylan of Outpost Group, is a podcast on the short-term rental industry, part of Hospitality.FM Podcast Network. In each episode, Meaghan shares her expertise in hospitality, discussing trends, operational challenges, and business strategies in the sector. The first season features 5 to 10 episodes, combining actionable advice, and personal stories for a comprehensive view of the field. The podcast caters to business owners, property managers, and industry enthusiasts, offering a stimulating mix of insights and narratives to accompany your morning coffee.
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"Workflows & Espressos," hosted by Meaghan Moylan of Outpost Group, is a podcast on the short-term rental industry, part of Hospitality.FM Podcast Network. In each episode, Meaghan shares her expertise in hospitality, discussing trends, operational challenges, and business strategies in the sector. The first season features 5 to 10 episodes, combining actionable advice, and personal stories for a comprehensive view of the field. The podcast caters to business owners, property managers, and industry enthusiasts, offering a stimulating mix of insights and narratives to accompany your morning coffee.
This week, Meaghan host revisits key insights from a recent DARM session on advanced revenue forecasting. The episode explores four essential forecasting methods: historical data, demand-based forecasting, competitive set benchmarking, and event-driven seasonality.
Emphasizing the importance of a hybrid approach, Meaghan shares valuable tips and best practices for creating accurate business forecasts. Perfect for revenue managers, data analysts, and hospitality industry professionals preparing for 2025, this episode offers a comprehensive, data-driven guide to mastering revenue management. Tune in for an engaging and informative discussion aimed at optimizing your forecast strategies and maximizing success.
00:00 Welcome and Introduction
00:25 Reflecting on Forecasting Session
01:40 Importance of Accurate Forecasts for 2025
02:10 Revenue Management Passion
03:17 Forecasting Methods Overview
08:23 Historical Data Forecasting
14:14 Demand-Based Forecasting
19:09 Competitive Set Benchmarking
24:31 Event-Driven Seasonality
28:34 Hybrid Approach to Forecasting
29:54 Meaghan's Top Tips for Revenue Management
32:43 Conclusion and Upcoming Events
Workflows & Espressos
"Workflows & Espressos," hosted by Meaghan Moylan of Outpost Group, is a podcast on the short-term rental industry, part of Hospitality.FM Podcast Network. In each episode, Meaghan shares her expertise in hospitality, discussing trends, operational challenges, and business strategies in the sector. The first season features 5 to 10 episodes, combining actionable advice, and personal stories for a comprehensive view of the field. The podcast caters to business owners, property managers, and industry enthusiasts, offering a stimulating mix of insights and narratives to accompany your morning coffee.
