Business Intelligence in the hotel industry – Standardization as a quality feature
Fairmas BI software is based on hotel standards. FairPlanner is a platform for all relevant information, displayed in ready-made analyses and reports. Moreover the FairPlanner , and at the same time provides future planning a plan for for all costs and revenues in advance.
Business Intelligence in the hotel industry
What added value does BI provide in day-to-day hotel operations? Definition and benefits of BI from the perspective of the hotel industry Where does BI come from? – The origin of Business Intelligence Business Intelligence is not a new invention. The term was first used in 1958 by Hans Peter…
Case studies: Introduction of process-optimized financial planning with FairPlanner
What our clients say When we are planning a large-scale purchase, the first thing we do is to get some information. We all know that and do it regularly in our private lives. We have several different sources of information at our fingertips, both in our private and business lives….
Forecasting as a control tool
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?
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
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
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
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
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
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,…
