Pace Information

#RevenueRevolution 95% of properties in the global hospitality industry take their pricing decisions manually, leaving 10-20% of their revenues to a combination of experience and chance. Pace solves this by enabling hoteliers to grow their revenues by 5-10% and save themselves days of manual work every week. Pace achieves these results by focusing on: #Primary Data Our research shows that focusing on Primary Data, your historical and advance bookings, drive significantly better results than Secondary Data, such as rate shopping. Secondary Data sources are inaccurate and slow, while Primary Data generates confident insights in real-time. #Continuous Pricing In today's world, guests are global and bookings happen 24/7. However, in hospitality most data interfaces refresh daily and deep analysis often happens on a weekly basis. This is changing. Hoteliers are realising that their response time is a critical factor in their success. #Action First In an increasingly complex world we need tools that help us make sense of information. This means turning information into insights. But more importantly turning insights into actions. Revenue management solutions need to be evaluated, in addition to functionality, on how often and appropriately they will be used.