Provide Hospitality insights
Problem Statement:
AtliQ Grands owns multiple five-star hotels across India. They have been in the hospitality industry for the past 20 years. Due to strategic moves from other competitors and ineffective decision-making in management, AtliQ Grands are losing its market share and revenue in the luxury/business hotels category. As a strategic move, the managing director of AtliQ Grands wanted to incorporate “Business and Data Intelligence” to regain their market share and revenue. However, they do not have an in-house data analytics team to provide them with these insights.
Tech Stacks:
- Power BI
- Power Point
- Excel
- Language- M, DAX
Workflow steps:
- Data collection and exploration, create date table in Power Query (M language).
- Data load to Power BI and initial validation.
- Data Transformation in Power Query.
- Data Modelling and creating calculated columns.
- Creating measures using the DAX language.
- Build Executive View, Finance View, Revenue View, Occupancy and Booking View and Key Metrics View.
- Designing an effective Dashboard which includes page navigation with buttons, tooltips, using KPI’s, conditional formatting of the values in visuals.
- Deploying the solution using Power BI Service.
- Dashboard link: https://app.powerbi.com/view?r=eyJrIjoiNzk3N2U1NjUtMDJmZS00ZWMzLWI4Y2ItNzA1ZGE4Y2EyNWJjIiwidCI6ImM2ZTU0OWIzLTVmNDUtNDAzMi1hYWU5LWQ0MjQ0ZGM1YjJjNCJ9
- LinkedIn: https://www.linkedin.com/in/venkata-siva-santhi-anantha-71634a27a/
Key metrics:
- Revenue realized: 1.69 billion rupees
- RevPAR: 7,337
- DSRN: 2,528
- Occupancy percentage: 57.8%
- ADR: 12.70K
- Realization percentage: 70.1%
Recommendations:
- Atliq Grands, a luxury hotel in Delhi, despite its good ratings, is underperforming in revenue generation. A strategic plan is needed to boost bookings and reduce cancellations.
- Atliq Palace in Hyderabad is struggling with low bookings, potentially due to low ratings. As a business hotel, its high ADR of 9,480 rupees and low Occupancy percentage need attention.
- Atliq Grands in Hyderabad is another hotel with lower revenue due to poor ratings and low Occupancy percentage. Efforts should focus on increasing bookings.
- The decline in revenue is primarily linked to low Occupancy percentages, which, in turn, result from fewer bookings. Strategies should be devised to enhance booking rates.
- ADR should be adjusted dynamically based on factors like the city, weekdays, and low-demand days to maximize revenue.
- Finally, I would like to thank codebasics team, Dhaval Patel, Hemanand Vadivel for creating this wonderful course.