A Forecasting and Budgeting Solution That Will Transform How Your Hotel Forecasts and Plans Rooms and F&B
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TruePlan by Otelier
4.8 (3 REVIEWS)
HT Score
0 out of 100
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
Learn how HotelTechReport uses millions of proprietary datapoints to rank the best hotel software in the world
Learn how HotelTechReport uses millions of proprietary datapoints to rank the best hotel software in the world
TruePlan by Otelier
Unranked in Budgeting
Streamline the financial planning process
90% recommended by 102 hotels
Otelier has 0 reviews from Vietnam so we’re unable to verify that they operate in your local market.
What is Otelier?
Founded in 2001 | Headquarters in Bethesda (United States) | 277 employees
TruePlan by Otelier is a revenue management system designed to streamline the budgeting and forecasting process for hotel portfolios. Leveraging purpose-built hospitality drivers and predictive models, this software facilitates seamless collaboration, enabling more accurate and efficient financial planning. TruePlan harnesses historical data to jumpstart your budgeting process, eliminating the need for manual data mining. This integration ensures that your entire portfolio can work toward unified financial plans, enhancing the alignment and precision of your revenue management strategies.
Powered by AI
This description was generated by AI which analyzed the following sources to summarize a description of Otelier products, features and capabilities. Leveraging user generated verified data sources allows us to generate a more helpful and realistic description for hoteliers free of sales promotion and hyperbole.
Sources
Verified hotelier reviews
We analyze all verified product reviews as a way to understand and summarize what real users/hoteliers are saying about the product to provide a more accurate and relevant description for buyers than only what vendors provide.
Otelier Reviews Analyzed: 0
Read reviewsVerified expert recommendations
We analyze recommendations from industry experts who we ask to describe the most valuable features and capabilities of the product as well as key differentiators and what types of hotels the product works best for to extract unique insights and perspective for buyers.
Otelier Expert Recommendations Analyzed: 0
Read expert recommendationsDescription provided by Otelier
While its important to incorporate analysis from verified user reviews and industry experts to create more balanced content, the way a vendor describes their overall company and vision can also shed light on their unique perspective or way of doing business which is why the AI ingests this information as well to add more context to paint a picture of what the company says vs what users and industry experts say.
Otelier's Provided Description:
"Simplify the budgeting and forecasting process for your hotel portfolio with purpose-built hospitality drivers and predictive models. With Otelier TruePlan, you can collaborate seamlessly for more accurate and efficient budgeting and forecasting. Work toward single plans across your portfolio, seeded with historical data to kick start your process – no manual data mining required."
FAQs
Capabilities
Elevate your financial planning process
Elevate your financial planning process
Execute your budget and forecast process with confidence. Otelier TruePlan delivers a consistent, standardized process to build singular plans at the property and portfolio levels.
Budget and forecast more efficiently
Budget and forecast more efficiently
Jumpstart your financial planning process. Otelier TruePlan automatically consumes audited actuals from your accounting system to inform and produce plans with the right level of fidelity. Reduce human error and manual work and eliminate manual data work aggregation.
Create accurate forecasts to drive decisions
Create accurate forecasts to drive decisions
Make quick and informed decisions with accurate data to maximize revenue and profitability. Otelier TruePlan provides the data and what-if scenarios you need to make better financial decisions.
Get detailed room revenue analysis
Get detailed room revenue analysis
Calculate revenue plans for rooms and average daily rates by room segments. Otelier TruePlan allows you to easily edit room revenue by price, percentage, ADR, and more, then analyze the results and impact on room revenue.
Explore what-if planning scenarios
Explore what-if planning scenarios
Test different scenarios and see how they affect your top and bottom line.
Utilize industry-leading drivers
Utilize industry-leading drivers
Access 25 hospitality-specific drivers to fine-tune your forecasting.
Seamless integrations at your fingertips
Seamless integrations at your fingertips
Simplify data aggregation. Seed budgets and forecasts with PMS and accounting systems data.
Seed plans with historical data
Seed plans with historical data
Work toward single plans across your portfolio, seeded with historical data to kickstart your process – no manual data mining required.
Features
Budget Creation & Planning
4/5 features
Financial Forecasting
4/5 features
Variance & Scenario Analysis
4/5 features
Multi-Property Consolidation
4/5 features
Performance Dashboards & Reporting
4/5 features
Collaboration & Workflow Tools
4/5 features
Key Integrations
4/5 features
Audit & Compliance Tracking
4/5 features
Available Add-ons & Modules
Otelier Rec - Effortless OTA and Bank Reconciliations
Hotel Accounting Software
Add Otelier Rec to any Otelier product to automate bank reconciliations and income audit journaling and effortlessly reconcile OTA and third-party bookings.
Otelier Reviews Summary
Ease of Use
5.0/5
Customer Support
5.0/5
ROI
5.0/5
Implementation
5.0/5
Recommended by
Achievements
This vendor's trending score is rising, TruePlan by Otelier is the #4 most trending product in the Budgeting category (out of 10) and the #2643 most trending product overall in the global hotel tech ecosystem. HTR assesses vendor's real time activity in the market to give buyers a sense of whether a product is gaining momentum
Learn moreOtelier’s customer support processes haven’t yet been verified by Hotel Tech Report.
Learn more about this achievement in the official press releaseThis vendor has not met the minimum criteria for the Certificate of Excellence which is awarded to vendors who exemplify transparent cultures and come highly recommended by their clients. For more information, please see the help center.
Learn about the criteria required to achieve HotelTechReport's Certificate of ExcellenceRecommended for
Otelier Pricing
Average
This product is priced in line with the average product in the category which is usually an indicator that it is a standard product with standard functionality designed for typical operations and use cases and properties.
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Compare Otelier to Top Alternatives
Fairmas - Your 360° Hospitality Financial BI Solution
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Hotelier Rating
Looking for specific info?
9
Great Tool!
Regional RM from 25-49 room Bed & Breakfast & Inn in Gudaut'a (Georgia)
Verified
4 years ago
An excellent solution for business analytics in the hotel. Quick to install, easy to use and great support line . There is a huge possibility of setting up self-configuring reports with the most detailed breakdown through Visual BI portal. InTouch was implemented in 2019 in 50 more than 70 hotels in the region. The implementation of this pr...
Georgia
Georgia
Regional RM
Small Hotel
10
Easily get your data to take the right commercial decisions
VP Revenue Strategy from 10 to 24 room Boutique in Lagos (Nigeria)
Verified
4 years ago
Integration was done very quickly for different hotels in different location and I was able to easily get a global view of all my hotels and have automated daily reports. This saves hours of manual work for the revenue team and enabled us to easily get data in order to take the right decisions. On top of that I am able to build my own dashb...
Nigeria
Nigeria
VP Revenue Strategy
Small Hotel
10
Awesome tools for daily use!
President from 500+ room Airport/Conference Hotel in Romulus (United States)
Verified
5 years ago
>access to daily reporting first thing every morning
>customized fields on reporting that are relevant for me. Drill down to details at will.
>MAPP report is very helpful in monitoring BOTB changes as well as benchmark with comps.
United States
United States
President
X-Large Hotel
- 1
It looks like Otelier is not recommended by any hotels
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Support
Unverified
Otelier has not yet had their customer support processes certified by Hotel Tech Report. We recommend referencing the GCSC rubric during your demo call to make sure that this vendor has strong processes in place to support customers.
Support Not Verified
This vendor has not been GCSC Certified so Hotel Tech Report is unable to verify their support processes.
2026
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