Forecasting as a control tool

June 15, 2020, In All news, Fairmas Blog

Key to greater profitability in turbulent periods Even in uncertain times: Those who (correctly) plans, have success. But what does planning actually mean in the hotel industry? What advantages does forecasting bring? What are the differences between budget and forecast? Or does forecasting in the end only mean additional effort?…

How to jump-start hotel financial planning for post-Corona scenarios?

April 29, 2020, In Fairmas Blog

A three-step guide of Best Practices using FairPlanner Everyone is affected by today’s global pandemic situation, and the hospitality industry is one of the hard-hit industries. However, there is one truth: There will eventually be an end to all of this and businesses will resume its normal operations, whatever that…

During uncertain times: Be secured with Scenario Planning

April 14, 2020, In All news, Fairmas Blog

Software for financial planning and revenue management are currently a tremendous help calculating different scenarios. How can we restart after this shutdown? And the more important question: When? What happens if hotels from Ruegen to the Alps remain closed for an even longer period? All these questions concern an entire…

Coronavirus hits the hotel industry hard

March 17, 2020, In All news, Press Releases

Effects of the Corona crisis on the business development of the hotel industry in Germany and Europe – analysed by STR and Fairmas.

Fairmas and LucaNet enter into strategic partnership

March 5, 2020, In All news, Press Releases

Through the combination of Fairmas and LucaNet, hotel groups can meet all requirements of modern financial controlling Fairmas, specialist for web-based solutions in financial planning, controlling and management reporting for the hotel industry and LucaNet, international provider of software and consulting for financial performance management, enter into a strategic partnership…

Fairmas unveils the advanced features of the daily revenue planning module at ITB Berlin

February 17, 2020, In All news, Press Releases

Hotel software specialist continues to innovate financial planning and reporting processes to increase hotel profit Fairmas GmbH is now a regular at ITB, the world’s largest tourism trade fair that opens on 4 March 2020 at the Messe Berlin. With its fourth time exhibiting at Hall 10.1 Stand 115, the…

Fairmas further expands with Valencia representative office

January 21, 2020, In All news, Press Releases

Carla Richart represents Berlin-based hotel software developer Fairmas in Spain Carla Richart is responsible for the business development of Fairmas GmbH within the Spanish hotel market, as she moves from Berlin back to her hometown of Valencia. She takes charge of the hotel software company’s representation in the Iberian Peninsula,…

RIMC Hotels & Resorts automate revenue monitoring with Fairmas software

December 13, 2019, In All news, Press Releases

The financial planning software FairPlanner convinced RIMC Hotels & Resorts to also use PickupTracking Berlin, 13 December 2019: Fairmas and RIMC Hotels & Resorts strengthen their relationship. After seeing the positive outcome of their optimized financial planning processes using FairPlanner, the internationally operating hotel operator based in Hamburg has decided…

USALI* the 11th – The International Accounting & Reporting Standard for the Hotel Industry

November 8, 2019, In All news, Fairmas Blog

Updated from the original blog in German   *Disclaimer: Hospitality Financial and Technology Professionals (HFTP®) is the official entity who owns the copyright to the USALI. The copyright was previously owned by the Hotel Association of New York City. Revisions to the USALI are overseen by the Financial Management Committee…

Fairmas joins IHTF 2019 in Zagreb

May 6, 2019, In All news, Press Releases

Fairmas is third-time sponsor of the International Hotel Technology Forum Berlin, Zagreb 06 May 2019: The International Hotel Technology Forum (IHTF) will take place this year from 14th to 16th May in Zagreb, Croatia. Fairmas supports IHTF for the third time serving as an official sponsor. For the past 15…