The importance of Business Intelligence for Revenue Management
Ignore BI at your peril…as it’s already allowing Revenue Management to force multiply its effect throughout businesses. ...
Read the post here >
Jason Pinto, COO
Pace Revenue - Price rounding
A small but important feature for harmonizing the pricing at your brand and between properties......
Read the post here >
Lukas Hughes, CPO
How hybrids & hostels can rapidly shift inventory
Today, Pace users are already using the forecasting function and Pace Analytics to anticipate changes in demand....
Read the post here >
Jens Munch, CEO
Pace Revenue - Introducing Segments
Let's be honest, managing segments has always been a real pain...so we've introduced an intuitive tool to manage all segments across multiple PMSs and properties....
Read the post here >
Jesse Stanley, Pace Analytics
Hotels are not the future of hospitality
There’s a new opportunity opening up in travel that many think will change the balance of power in hospitality over the next decade. At Pace Revenue we are in the fortunate position of working closely with some of the companies that are already building the capabilities and infrastructure to serve this new demand....
Read the post here >
Jens Munch, CEO
Micro-targeted pricing is the future
It’s time to take another big leap into the future of pricing. The final frontier is to have a bespoke strategy for each room night and lead time....
Read the post here >
Jens Munch, CEO
The labour shortage and revenue management
It's not about the replacement of manpower but about enabling your existing workforce to achieve more in their job roles and the operation in general....
Read the post here >
Jason Pinto, COO
Pace Analytics - Revenue Segments & DOW patterns
Building out custom visualisations on Pace Analytics is quick and easy. Here's one for you to try - DOW patterns and revenue production by segment....
Read the post here >
Jesse Stanley, Pace Analytics
How an RMS can help in periods of low demand
What happens when demand is lower than expected? It turns out that, even on extremely low demand nights, an RMS will make significant amounts of extra money for a property....
Read the post here >
Andrew Spray, Data Scientist
Pace Analytics - GOPPAR & GOPPAM
Building out custom visualisations on Pace Analytics is quick and easy. Here's one for you to try - GOPPAR & GOPPAM...
Read the post here >
Jesse Stanley, Pace Analytics
Lukas Hughes, Product Lead
Pace Analytics - NetRevPAR
Building out custom visualisations on Pace Analytics is quick and easy. Here's one for you to try - NetRevPAR...
Read the post here >
Jesse Stanley, Pace Analytics
Forecasting uncertainty - the metric we need
We need a cultural change in revenue management in order to start seriously incorporating real uncertainty into forecasts but also making sure we take the right actions afterwards....
Read the post here >
David Lopez Mateos, Chief Science Officer
Pace Analytics - Revenue vs Budget vs Forecast
Building out custom visualisations on Pace Analytics is quick and easy. Here's one for you to try...We want to show OTB revenue performance vs the forecast and the budget...
Read the post here >
Jesse Stanley, Pace Analytics
Why RevPAR marketing claims can be BS
“Pace will get you an 11% improvement in RevPAR the first month you go on automation!” A bold claim! But what does it even mean?...
Read the post here >
David Lopez Mateos, Chief Science Officer
Continuous Pricing without an RMS
Continuous Pricing is not just a key component of our pricing algorithms but it’s the future of all revenue management and you might not even need an RMS to do it......
Read the post here >
David Lopez Mateos, Chief Science Officer
How to fix the validation problem when choosing an RMS
You need to validate an RMS before you put one in. The problem is - there is no commercial tool to help you do this today and there is little know-how. ...
Read the post here >
David Lopez Mateos, Chief Science Officer
The year ahead for Pace and revenue management
We have so much to share about what we’ve accomplished in four short years but we also wanted to reveal our vision for the year ahead....
Read the post here >
Jens Munch, CEO
How to boost revenue in a post-Covid recovery
Despite all the challenges of Covid and historically low occupancy, Pace has really outperformed....
Read the post here >
Michael Sandeen, Customer Success
Stop using CompSets to make pricing decisions
Using CompSets is fine for benchmarking but NOT for making pricing decisions. In an age of increasing online bookings, hotel revenue managers too often get caught up in maintaining parity with their CompSet...
Read the post here >
David Lopez Mateos, Chief Science Officer
Revenue uplift during a Covid lockdown with a&o
Since the switch to Pace, a&o has been consistently running tests on the impact dynamic pricing has had on their revenue generation and a Covid lockdown during a traditionally low period of demand was no exception....
Read the post here >
Michael Sandeen, Customer Success
Introducing Pace Analytics
Introducing the first business intelligence platform for hospitality. Pace Analytics means proper flexibility around all your data in real-time and via your own customisable dashboard. ...
Read the post here >
Lukas Hughes, Product Lead
Exposing the Hotel Big Data Fraud
It's time to talk about the way big data is (falsely) marketed by revenue management solutions. It's confusing, it's wrong, and it's losing hotels up to 5% of their annual revenues....
Read the post here >
Jens Munch, CEO
How to choose the best RMS post-Covid
In today’s landscape of technological advancements, switching from one system to another has never been easier for a hotelier. Long gone are the days of legacy systems to which you would forever be tied too....
Read the post here >
Deon Wagener, Senior Revenue Manager
Why are data driven decisions so important?
Why are data driven decisions so important? Data is everywhere and has become a commodity of its own making. Data is being collected, mined, analysed and even sold....
Read the post here >
Deon Wagener, Senior Revenue Manager
