Nokumo logo

19. Nov 23
With the right numbers at the right time to the right business decisions

Nokumo blog:  Pravim brojkama u pravo vrijeme do pravih poslovnih odluka

Do you know the answer to these questions?

Which markets do your guests come from? What is their structure by age group? How many come with children? How far in advance do they book? How long do they stay? Which channels do they book through? What kind of accommodation do they book? How do these indicators change over time? How many more nights do you get on Fridays compared to Wednesdays?

When you subtract OTA channel commissions, what is your revenue per unit type? How much of that relates to income from accommodation, and how much to additional services and fees? What is the correlation between occupancy rate, average nightly rate and RevPAR (revenue per available unit)? How does the relationship between these indicators change when you compare the preseason to the peak season?

What are the practices of your guests regarding cancellation in relation to the date of reservation, and what are they in relation to the date of arrival? How do these practices differ in relation to the age group and market from which the guest comes?

If you are a multi-property manager - what is the when you subtract the fees you pay to the owners? What are the differences between them in relation to individual properties of objects (type, location, contents, categorization) from your portfolio?

Primjer Nokumo izvještaja
Example of a Nokumo report

Why should you know the answer to these questions?

The real question is, can your existing PMS answer all these questions now and immediately? If it can't, maybe it's time to think about a change. Nokumo can. Now and immediately.

Do you have more specific "ad-hoc" questions?

Simple - so that, using specific numbers, you could adjust prices, cancellation policies, advance payment policies, minimum stay and other restrictions in the right way at the right time. In other words - to optimize your offer and achieve better business results. If you manage a facility (or more) that generate a total of HRK 10,000,000 in revenue, and with timely insight into the above-mentioned indicators, you manage to achieve only a 1% better price and 1% better occupancy, you have achieved a positive effect that covers someone's annual gross salary, the costs of official vehicles or IT costs.

For example, how many guests from Germany in the age group of 18-25 stay in your facility for more than 3 days, while booking at least 2 months in advance and arriving on Wednesdays? What was the sales dynamics in November for stays in June of the following year, but only for facilities with a swimming pool? No problem - Nokumo will answer these and many other similar "ad-hoc" questions in just a few clicks. Try it yourself!

 

Nokumo Excel report
Example of a Nokumo Excel report

Recommended blog posts

  • Nokumo blog: VRM Days: prva konferencija o najmu privatnog smještaja
    07. Sep 23

    VRM Days: First Conference on Private Accommodation Rental

    In Opatija, on September 19 and 20, Nokumo will be an exhibitor and sponsor at the Vacation Rental Management Days conference. We look forward to connecting with travel agencies and accommodation managers and exchanging experiences

  • Nokumo blog: Spremni za euro? Nokumo je u potpunosti spreman
    15. Jan 23

    Are You Ready for the Euro? Nokumo is fully prepared!

    The Nokumo team has thoroughly tested the entire system in order to promise a safe and smooth transition of your business to the new currency

  • Nokumo blog: Iskoristite nepovratna EU sredstva i unaprijedite svoj posao uz Nokumo
    19. Apr 23

    Use non-refundable EU funds and improve your business with Nokumo.

    Within the framework of the National Recovery and Resilience Plan 2021-2026. through which 6.3 billion euros are available to the Republic of Croatia, one of the announced tenders for grants is also the tender for digitization vouchers, which is expected to be announced in the second quarter of 2022. The competition is intended for micro, small and medium-sized enterprises (SMEs) who want to develop digital business. One of the five types of vouchers announced is a voucher for digital marketing. Predicted

  • Nokumo blog: Glavni razlozi zašto je Nokumo najbolji izbor za multi-property managere
    19. Nov 23

    Top reasons why Nokumo is ideal for multi-property managers

    The vast majority of PMS solutions on the market are designed in such a way that the object you manage is the central entity from which everything starts. What exactly does that mean? First, you will enter the object in the system, then you will define the price lists for that object, then any additional services and fees for that object. For the next object in your portfolio, you will have to do everything from scratch. In translation - if you have a portfolio of 100 objects - you will have to define price lists 100 times and define additional services and fees 100 times. Tiresome, isn't it?

What customers say about us?

Find out why they choose us over the rest. Real stories, real satisfaction

Join Our Newsletter

Stay in the Know: Elevate Your Property Management Game with Our Exclusive Updates!

subscribe
This site is protected by reCAPTCHA and the Google. Privacy Policy and Terms of Service apply.