 San
Francisco, April 7, 2008 - With worries of an economic recession looming
over the U.S. and global markets and hotel operating costs continuing to
rise, hotel owners and operators are placing extra emphasis on controlling
costs, particularly in labor, to minimize the impact on hotel profitability.
Payroll and related labor costs account for roughly half of all total operating
expenses in the hotel and gaming industry. The single most important
factor in controlling labor costs and maximizing worker productivity is
an accurate forecast of upcoming demand levels across all departments.
Outdated and error-prone forecasting practices in the hotel industry such
as using simple capture ratios or basic human intuition are no longer an
acceptable practice in today�s advanced world of information technology.
Hotel owners and operators are now turning to a new technology to solve
the industry�s age-old challenge of accurately predicting demand levels
on a consistent basis to control labor costs and maximize profitability.
�Very few would argue that forecasting accuracy is the single most important factor in controlling labor. Carnus System�s cost-effective and user-friendly technology offers the most advanced and accurate forecasting solution in existence which is the reason why more and more owners and operators continue to turn to us for help,� explains Vicky Bradshaw, CEO of Carnus Systems. Carnus Systems will be showcased at the Hospitality Industry Technology Exhibition & Conference (HITEC) June 16-19 in Booth 1939 at the Austin Convention Center in Texas. 
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