What happens if I have no historical data?

If you have little or no historical data in your PMS, machine learning (a branch of artificial intelligence) cannot be used to forecast demand. In this case, happyhotel offers you an alternative solution. Here, the current booking situation is compared with a referential booking curve that is typical for your type of accommodation. Depending on the price elasticity, individual price suggestions are then generated by adjusting a base price upwards or downwards.