Pacing Ahead | November

Welcome to Pacing Ahead, a monthly source of news, updates and insights from the team behind HotelIQ Decision Cloud.

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When You Gatekeep Data, Everyone Loses

Before you change your tools, you have to change your thinking.

Data is a resource to be harnessed by people throughout your organization, not something a few people keep under lock and key.

By freeing up access to data across your hotel organization, you’ll empower real data-driven decision making across the board, and have a clear competitive advantage over those lagging behind.

Read more from? Firas Moolla ?on why and how to make this change.?

Are You Trying to be More Data-Driven, but Not Sure Where to Start?

Hotels have more data than ever before, but are you using it wisely??

To become data-driven, you need:

?? Data-driven teams: Hire marketers, salespeople and revenue managers who can analyze data to drive decisions.

?? Data standards: Ensure staff captures accurate and complete data. Track data quality and offer incentives.

?? Analytics, not just reporting: Implement an analytics platform to visualize data and gain actionable insights.

?? A digital workspace: Provide a collaborative workspace for planning and optimizing performance.

Rethinking the Strategy Meeting

Heidi Cosio, CRME delves into common pitfalls of traditional strategy meetings; a lack of collaboration, market-centric focus, excessive opinions, and inadequate meeting structures.?

By restructuring strategy meetings to encourage meaningful contributions and strategic discussions, commercial leaders can drive improved decision-making, team engagement, and ultimately, growth and profitability within their organizations.

Read the full article for detailed insights on maximizing the effectiveness of strategy meetings and propelling commercial success.

Client Spotlight: The First Group

In this video, CEO Rob Burns speaks about his experience using HotelIQ Decision Cloud to manage The First Group Hospitality 's 18-property portfolio.

Watch to learn about the challenges that Rob & his team faced when trying to access their properties' data prior to implementing HotelIQ and how our BI, analytics, and collaboration solution has improved communication and collaboration, speeding up TFG's ability to scale and boost the company's overall profitability.?

Learn how HotelIQ Decision Cloud's collaborative digital workspace can bring your team together to make better, smarter decisions faster. Book a demo.