pace

How Hybrids & Hostels Can Rapidly Shift Inventory For Changes in Demand
Hybrids face unique challenges that include complexity of different inventory types in the same building but they also have particularly demanding customers

Hotels Are Not The Future of Hospitality
There’s a new opportunity opening up in travel that will change the balance of power in hospitality over the next decade

Micro Targeted Pricing Is The Future
Scratch beneath the surface of open pricing and it’s flawed. It relies on the operator and rules set. It’s time for a big leap into the future of pricing

Pace Revenue Launch Brand New Dashboard and Redesign Navigation
With our new portfolio level dashboard we want to help our customers understand how they are performing across their properties

How an RMS Can Help in Periods of Low Demand
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 – The Metric We Need
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

Why RevPAR Increase Marketing Claims Can be BS
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?

Continuous Pricing without an RMS
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

How to Fix the Validation Problem When Choosing an RMS
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

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