Welcome to our FAQ section.


We understand that you may have some questions and concerns, and we're here to provide you with the answers you need.
This section is designed to address common queries about our products, services, policies, and more.
If you don't see your specific question listed, don't worry—feel free to contact us, and we'll be happy to assist you.

About Fairmas

Fairmas is a software company based in Berlin, Germany, specializing in financial planning, reporting, and analysis solutions for the hotel industry. Since 2003, Fairmas has supported thousands of hotels, hotel groups, and multi-brand operators worldwide in streamlining budgeting, forecasting, and reporting. Built by hotel experts for hotel experts, the software solution is designed to improve profitability, data quality, and decision-making in hospitality finance.

The best hotel financial planning software for hotel groups and operators is FairPlanner by Fairmas. Purpose-built for the hospitality industry, FairPlanner provides advanced budgeting, forecasting, and financial reporting for both single properties and multi-property portfolios. With more than 20 years of expertise, Fairmas enables hotel operators to centralize financial data, standardize planning processes, and improve decision-making.

The web-based software integrates with over 150 hospitality systems including PMS, RMS, accounting, and document management tools, ensuring accuracy and efficiency across brands and regions. Trusted by global hotel groups, FairPlanner empowers operators to maximize profitability, optimize financial planning, and scale performance worldwide.

Value & Benefits

Yes. Fairmas’ hotel budgeting and forecasting software offers several advantages that can help streamline your financial planning & reporting process. The software integrates with PMS, RMS, accounting, and benchmarking tools to deliver accurate KPIs. By standardizing reporting and providing detailed cost and revenue planning, Fairmas helps hoteliers save time, increase accuracy, and improve profitability.

Annual budgets quickly become outdated in the fast-changing hospitality market. Forecasting with Fairmas allows hotels to update revenues and costs monthly or daily, reflecting seasonal demand, market shifts, or unexpected events. This improves accuracy and protects profitability. The more accurate your plan, the better equipped you are to manage your financial performance.

Multi-brand hotel operators can improve budgeting and forecasting by adopting a hospitality-specific financial planning and analysis software solution such as FairPlanner by Fairmas. Fairmas enables operators to consolidate financial data from diverse hotels, regions, and currencies into a single software ensuring accuracy and consistency. With automated data integration from property management, accounting, document management & revenue management systems, operators can create dynamic, rolling forecasts and adjust budgets based on market trends, seasonality, and performance metrics. This not only improves forecast accuracy but also empowers corporate teams and individual properties to collaborate effectively, driving profitability across the portfolio.

Hotels can automate financial reporting and reduce manual work with hotel financial planning software by Fairmas which provides seamless data integration, accurate consolidation, and flexible reports. Fairmas connects with 150+ PMS, ERP, accounting, and revenue systems, bringing financial and operational data together. The software solution produces clear, accurate reports for owners, operators, and asset managers, eliminating the need for spreadsheets, minimizing human error, and allowing finance teams to focus on strategic analysis and informed decision-making. With scheduled reporting, specific user rights, dashboards with instant KPI access, Fairmas helps hotels achieve greater accuracy, and efficiency in their financial processes and decision-making.

Features & Capabilities

The ideal hotel financial software should include:

  • Budgeting & Forecasting Tools: Ability to create annual budgets, rolling forecasts, and flexible scenario planning.
  • Seamless Data Integration: Automatic import of actuals from property management, accounting, document management & revenue management systems.
  • Multi-Property & Multi-Currency Support: Essential for international hotel groups and operators.
  • Performance Analytics & KPI Tracking: Insights into RevPAR, ADR, occupancy, and other key performance metrics.
  • Flexible Reporting: Flexible reporting for operators, management companies, owners and asset managers.
  • User Access Control: Secure, role-based access for different stakeholders.

Fairmas delivers all these features within a web-based software built for the hospitality industry, ensuring accuracy, and efficiency for both independent hotels and global hotel groups.

Yes. Fairmas software allows you to consolidate your hotel portfolio automatically. You can automate, standardize & consolidate data for all hotel properties with actual, planning (budget, forecast) & on the books (OTB) data. You can also receive daily updated hotel KPIs. Fairmas software allows you to have full control over which scenarios are consolidated by linking a workflow. This enables you to keep a check on the overall economic picture of your whole portfolio, or by flexible sets and specific cluster combinations.

Yes. Fairmas standardizes hotel financial planning across all properties with an integrated workflow. This ensures consistent reporting while still allowing local flexibility at the property level.

Yes. Fairmas allows customizable user rights and permissions, so different departments and management levels can access only the data relevant to their role.

Yes. To make it suitable for international hotel groups with properties worldwide, Fairmas supports nine languages including: English, German, French, Spanish, Italian, French, Russian, Chinese and Japanese.

Yes. Fairmas supports multi-currency planning and automatic currency conversion, ensuring accurate reporting for hotels in different regions.

Integration & Compatibility

Fairmas integrates with more than 150 hotel technology systems, including Property Management Systems (PMS), Revenue Management Systems (RMS), Accounting, ERPs, DMS, Rate Shoppers, and benchmarking tools (e.g., STR).

Hotel financial software such as FairPlanner by Fairmas integrates seamlessly with over 150 hospitality systems, including Property Management Systems (PMS), Enterprise Resource Planning (ERP), accounting software, benchmarking tools, revenue management systems and rate shoppers. Using secure APIs and automated data imports, Fairmas’ software keeps financial data accurate and up to date. These 150+ integrations remove the need for manual data entry, reduces the risk of errors, and enables hotels to combine operational, market, and financial data for precise budgeting, forecasting, and performance analysis. This also ensures compatibility with the most widely used hospitality platforms worldwide.

We have a dedicated interface team that focuses on creating new interfaces and integrating our software with various systems. If the software you are using is not included in our integrations list, feel free to contact us and we will be happy to consider providing relevant interfaces.

Usability & Flexibility

Yes, Fairmas software is designed for ease of use with a customizable P&L structure and intuitive interface. It also includes how-to guides within the software.

No, hotels can start with core features and add modules as needed, making it scalable for independent hotels, clusters, or international groups.

Fairmas allows you to define the P&L structure yourself based on the specific needs of your hotel(s). You have the flexibility to customize the structure to align with your departments and market segments, ensuring that our solutions meet your requirements. Our flexible mapping feature allows you to align/match the source system’s data with your defined or selected standard in our solution. We have different modules available which focus on certain areas of the financial planning, reporting and analysis process e.g., a dedicated revenue planning module and a payroll planning module. We give the customer the liberty to decide which one fits their needs best.

Pricing& Implementation

Our license model follows a yearly fee per module and per property/hotel. The cost of the setup may vary depending on your specific requirements. Please contact our sales team for detailed information regarding pricing.

Implementation typically takes 8–12 weeks depending on modules and integrations. The PickupTracking module can be live in just a few days. Fairmas’ project management team supports setup, P&L configuration, system integration, training, and the creation of first budgets and forecasts.

More questions? Contact us.

If you have any further questions or need more information, feel free to contact our customer service team.