flyr

Uncertainty is real! We don’t know the forecast perfectly nor demand function. A modern RMS works 24/7 to adjust to uncertainty and to quickly adapt pricing

Forecasting uncertainty is important for pricing and it’s important for the cost-benefit analysis that an RMS needs to make on behalf of the clients

It makes sense to let algorithms do much of the price change and a half decent RMS should deliver. But the question is – by how much will my RevPAR go up?

These are some basic ways to get a feeling for Continuous Pricing concepts but only by embracing the four elements can you expect the best results

A hotelier may decide to choose a ‘cheaper’ RMS system because they think they are saving money but they are overlooking the fact performance is everything

In many cases these lists of data source are almost ridiculous: flight search data, social media sentiment analysis, predicted weather patterns, etc. etc

In today’s video we discuss with our 3 guests why there is so little testing of revenue management strategies in the hospitality industry

The pace and ota insight integration of rate shopping data between both platforms is a significant stride forward, offering hotels significant benefits

In this video we are joined by Michael McCartan, founder of mccartan tech consulting and Michael Sandeen, Senior Revenue Manager at Pace We continue our discussion about the evolution of […]

If you equip your revenue manager(s), they will be able to be much more efficient and have more time to spend on the strategic aspect of their job