SCOTTSDALE, Ariz.--(EON: Enhanced Online News)--Today’s digitally active travelers have higher expectations for a seamless guest experience that begins even before they check in and continues throughout the entire guest journey. In order for hospitality companies to gain industry dominance, they need to evolve their pricing and revenue management approach to a proven model that controls costs, improves operating efficiencies and preserves the bottom line.
“The Data Strategies Masterclass: Improve Forecasting and System Functionality”
JDA® Software Group, Inc., The Supply Chain Company®, will outline key strategies for this business transformation in a panel discussion at the Travel Distribution Summit North America 2013 at the Radisson Blu Aqua Hotel in Chicago. The panel, scheduled for 2:00 p.m. CT on Tuesday, Sept. 24, will include Anand Medepalli, vice president of industry strategy, JDA Software, where he will discuss the importance of harnessing the power of data to drive demand forecasting, pricing, inventory and workforce management enterprise-wide.
“The leisure travel and hospitality industry is undergoing an unprecedented change driven by technological advances, social media and new customer demands,” said Anand Medepalli, vice president of industry strategy, JDA Software. “Evolution of their current operating model is a must. At the heart of the transformational journey are innovative technologies that provide a single view of demand supported by advanced planning, price optimization, workforce management and inventory management to impact the bottom line, enhance operational excellence and control costs.”
In a session titled, “The Data Strategies Masterclass: Improve Forecasting and System Functionality,” a panel of pricing and revenue management experts, including Dev Koushik, director of revenue optimization, IHG; Sameer Mehra, chief revenue officer, Hersha Hospitality Management; and Paul Murray, vice president, revenue management, Hyatt Hotels; will discuss new data and analytics trends for improving forecasting, business intelligence and overall business performance. The panel will share how to optimize forecasts by harvesting and integrating all of the available unstructured data and analytics, including guest reviews, emails and social media that reside within various areas of the business including distribution, revenue management, marketing, technology and CRM.
EyeforTravel’s Travel Distribution Summit North America 2013 brings together leading global hotels, airlines, OTAs, GDS, cruises, destinations and travel technology companies from across North America for two days of best-practice strategies, cutting-edge trends and vigorous debate. As an event sponsor, JDA will be exhibiting its end-to-end capabilities that help hospitality companies evolve their model to thrive and continually outsmart their competition in Booth #12.
Tweet this: .@JDASoftware to present at the @eyefortravel Travel Distribution Summit North America 2013 on Sept. 24. http://jda.com/tweft13
About JDA Software Group, Inc.
JDA® Software Group, Inc., The Supply Chain Company®, offers the broadest portfolio of supply chain, retail merchandising, store operations and all-channel commerce solutions to help companies manage the flow of goods from raw materials to finished products and into the hands of consumers. JDA’s deep industry expertise and innovative cloud platform help companies optimize inventory, labor and customer service levels. As a result, JDA solutions have become the standard for the world’s leading retailers, manufacturers and distributors. To learn more, visit jda.com or email email@example.com.
“JDA” is a trademark or registered trademark of JDA Software Group, Inc. Any trade, product or service name referenced in this document using the name “JDA” is a trademark and/or property of JDA Software Group, Inc.