Revenue Strategy Tool (RST)

Make Better Pricing and Inventory Decisions

Driving results involves having the right information at your fingertips. The RST does exactly that by taking your detailed data from your PMS/CRS, Rate Intelligence provider, and other sources to better understand demand patterns and predict levels of demand in order to assist in pricing and mix considerations.

This very robust tool works behind the scenes to keep you up-to-date on changing patterns, competitor pricing, and overall demand conditions at the subject hotel.

Key features include:

  • Customized to meet the segmentation requirements of your property/portfolio

  • Daily demand forecast utilizing the RG Predictive Model.

  • Demand analysis section that allows the revenue team member to understand demand on a daily basis along with demand influencing events, competitive set pricing, weighted average, and current strategies applied.

  • Group analyzer – based on forecast demand and expense related measures the group analyzer will allow the end user to better understand the value of a group opportunity.

  • Contract analyzer - based on forecast demand and expense related measures the group analyzer will allow the end user to better understand the value of a base contract opportunity.

  • Full year operational forecast comparisons against budget, last year, 5-year, original forecast or updated forecast.

  • Price ranking analysis – importing ranking details from rate shopper tool.

  • Mix of Sales Analysis – analyze mix of sales for a self-defined time period by day of week, weekday, weekend, and peak days of demand.

  • Group and transient pace analysis section.

  • Export tab – enables an easy way for your financial system to interface with this tool and update top line revenues.

  • Several key measures such as sell-out efficiency, transient and group rate efficiency, forecast accuracy, peak and shoulder night efficiency to name a few can be added to this tool.

  • We custom build other key analysis and measures that are important you’re your specific needs.                                                     

Inquires

Tim Wiersma

Principal

tim@revenuegenerationllc.com

240.671.7772