Why We Forecast Labor Down to the Minute - Walter Isenberg, Sage Hospitality
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
Register here to join Josiah on February 5th for a live call on how to run better portfolio reporting
A few more resources:
- If you're new to Hospitality Daily, start here.
- You can send me a message here with questions, comments, or guest suggestions
- If you want to get my summary and actionable insights from each episode delivered to your inbox each day, subscribe here for free.
- Follow Hospitality Daily and join the conversation on YouTube, LinkedIn, and Instagram.
- If you want to advertise on Hospitality Daily, here are the ways we can work together.
If you found this episode interesting or helpful, send it to someone on your team so you can turn the ideas into action and benefit your business and the people you serve!
Music for this show is produced by Clay Bassford of Bespoke Sound: Music Identity Design for Hospitality Brands
