Customer Success Story:

Apex Hotels (AI)

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Securing revenue forecast levels of up to 99% with Jedox AI

Apex Hotels is one of the UK’s leading independent operators of four-star contemporary hotels. Headquartered in Edinburgh, the group has over 1,100 employess, annual revenues of over £75 million and operates ten hotels in city centre locations in London, Edinburgh, Glasgow, Dundee, and Bath. The hotel group aims to create memorable, personal experiences for guests, with a combination of stylish, spacious and contemporary bedrooms, fantastic bars and restaurants as well as state-of-the-art conference and event facilities.

Apex Hotels has used the Jedox Enterprise Performance Management (EPM) solution for a number of years to consistently improve the accuracy levels of its budgeting, planning, forecasting and reporting processes. Now, with the introduction of the AIssisted™ Planning solution from Jedox, the Apex Hotels team has been able to harness the power of AI to increase the speed and quality of its room revenue forecasting – one of its critical business planning metrics.

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“We’ve now got a cost-effective AI-engine that can match or exceed the performance of even our most expert forecasters.”
Flora Selkirk, Head of Financial Planning & Analysis, Apex Hotels