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The onset of the COVID-19 pandemic has demonstrated, all too easily, that traditional hotel budgeting and forecasting can be quickly thrown out the window. In 2021, as hoteliers grapple with the unforeseen challenges facing the industry, such as decreased occupancy rates and new cleaning and social distancing standards, new forecasting techniques will emerge.rnrnFortunately, hoteliers have some of the most advanced enterprise financial technology available, and with cloud solutions tailored specifically for hotels, forecasting on the fly will not be an issue.rn

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