From Static Budgets to Dynamic Insights: How Fairmas and HotStats are transforming Hotel Budgeting and Benchmarking
Traditional annual budgeting doesn’t cut it in today’s volatile hospitality market. This post explores how Fairmas and HotStats create dynamic budgeting and live benchmarking—enabling hoteliers to replace rigid plans with flexible insights, real-time performance comparisons, and smarter financial strategy.
How Cost Controlling Is Becoming Central to Hotel Financial Planning and Analysis (FP&A) in 2025
In 2025, cost controlling has become a strategic pillar of hotel financial planning and analysis (FP&A). With rising operating costs, shifting guest expectations, and increasing pressure on margins, hotel finance teams must adopt agile, data-driven planning methods. This article explores how FairPlanner by Fairmas empowers hotels to manage costs proactively, enhance cross-departmental collaboration, and drive profitability through smarter financial strategies.
Precision Over Hype: Why hospitality finance demands a different kind of AI
In this Firechat, Data Scientist Sundar Sitaula and host Kinza Raheel discuss why AI in hospitality finance must prioritize precision, purposeful design, and rigorous access security—transforming revenue management, forecasting, cost optimization, and fraud detection.
The single biggest impact AI will have in hospitality is…
In this Hotel Yearbook interview, discover how AI is set to revolutionize financial planning and analysis in hospitality. Learn how AI ensures 100% data accuracy and automates budgeting and forecasting to enable smarter, real-time decision-making.
Fairmas welcomes Sundar Sitaula as Data Scientist, pioneering AI-driven innovation
Fairmas announces Sundar Sitaula as its new Data Scientist. With over five years in AI and machine learning, he will drive innovation in financial planning and reporting for the hospitality industry.
Top 10 Strategies for Mastering Financial Automation in Hospitality by 2025
A recent Hotel Yearbook article explores 10 key strategies shaping financial automation in 2025, including AI-powered forecasting, automated error reduction, and real-time data integration.
Effective Operating Cash Flow Management in the Hotel Industry
Discover why validated forecasting and proactive cash flow management are vital for hotels to maintain financial stability, optimize resources, and drive profitability.
Maximize Hotel Profitability with Fairmas & HotStats: A Collaborative Infographic
Elevate your hotel’s financial performance with the powerful partnership of Fairmas and HotStats. This collaborative infographic showcases how their solutions enable strategic planning, performance metric definition, and holistic decision-making. From hotel-wide to group-wide insights, unlock actionable data to drive efficiency and profitability.
Fairmas & Tidan Success Story
In this article, Christine Larocque, Director of Accounting for Tidan’s Hospitality Division, shares insights on how Tidan transformed their financial operations with FairPlanner by Fairmas, a financial planning and analysis (FP&A) software tailored for the hospitality industry.
Features and Capabilities of the Solution Hotel Asset Reporting
Fairmas’ Data Management for Hotel Assets solution offers robust features for accurate data integration, flexible reporting, and KPI customization, empowering hotel asset managers to optimize performance and make strategic decisions effectively.
