In this episode, Walter Isenberg, CEO and Co-Founder of Sage Hospitality Group, shares why his company forecasts labor down to the minute and tracks forecast accuracy at 30, 60, and 90 days out. You'll hear how forecast discipline directly impacts labor planning, cash flow, and investment returns in a business Walter describes as having "one-day leases."

Resources:

• Walter's article in Hotel Management: "Hospitality Begins from Within"
• Learn more about the technology Sage uses: Actabl
• Why The National Forecast Is Your Starting Point - Jan Freitag, CoStar

Hospitality Daily is brought to you with support from Mews, the operating system for hospitality that replaces fragmented systems with one connected way to manage reservations, payments, revenue, and guest service. Listen to my recent conversation with Mews founder Richard Valtr for a deep dive on what's happening with AI and hotel tech today.

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Music for this show is produced by Clay Bassford of Bespoke Sound: Music Identity Design for Hospitality Brands