News

Efficient multi-year planning of hotel profitability

April 14, 2021, In All news, Fairmas Blog

The Longe Range Planner integrated in FairPlanner enables simple multi-year planning based on flexibly selectable scenarios such as budget, forecast or what-if. Planning takes place in the hotel’s own income statement and simplifies strategic financial and profitability forecasting for the next 10 years.

What’s new! New features at FairPlanner

March 23, 2021, In Fairmas Blog

The easy way to stay up to date. The world moves fast. We all know this, and the Corona crisis has shown that yesterday’s planning can be outdated today since the general conditions change radically. To keep up with the fast pace of everyday hotel life, Fairmas is constantly developing…

Hospitality Financial BI Solution

February 22, 2021, In All news

The smart way of planning all revenues and costs. Executive Summary Business intelligence (BI) is a process of analyzing data and providing useful information that helps executives, managers and workers in business decision making. In the hotel industry, BI is something that one cannot ignore to operate its hotel. It…

Standardization

February 22, 2021, In All news

How to gain a clear view and create comparability across your entire portfolio. Key to greater profitability in turbulent periods Executive Summary Standardization is a quality assurance tool. Standards are created through consensus. The goal of standardization is to simplify and create comparability. Due to the specifics of the hotel…

What-if scenarios & Forecasting

February 22, 2021, In All news

Key to greater profitability in turbulent periods Executive Summary What-if scenario and forecasting are crucial to build the future for one‘s hotel. These functions calculate the effect of the changes one might/has face and help to plan from A-Z: budget planning for all different hotel departments to risk assessment of…

Hotel Market in Germany: Annual Review of 2020

January 22, 2021, In Fairmas Blog

Right after the evaluation of the performance indicators in December 2020, you will find in the Fairmas Hotel Report annual review 2020 for the top destinations Berlin, Hamburg, Dusseldorf, Cologne/Bonn, Frankfurt and Munich.

Interface integration – the essential for better decisions

December 3, 2020, In Fairmas Blog

Make your work life easier with interfaces data integration Summary: Interfaces integration is the process of connecting different interfaces into a single software that functions as one. It has a great importance to prevent barriers of PMS and accounting systems, and to automate data transfer for efficient hotel financial planning….

Fairmas, new technological partner from ITH

November 24, 2020, In Fairmas Blog

Berlin, Valencia 20.11.2020: Fairmas is proud to announce that it is now a technology partner of ITH. By joining ITH, Fairmas is expected to reach many hoteliers in Spain who need support in digitalizing their financial planning, reporting, and monitoring of expenses and revenue management to better cope with the new…

Forecasting on sight

November 23, 2020, In Fairmas Blog

Why planning & analytical forecast processes are so important now. Guest article by Haake Revenue4U on the importance of planning in turbulent times. Autumn is traditionally the time when hotels plan and finalize their budgets for the next year. The hotel business is a cyclical business and strongly dependent on…

Benchmarking for 360° business Management

November 9, 2020, In Fairmas Blog

The relationship with the hotel guest is particularly important for hotel success, but also the market environment and competitors are equally important.