Revenue Strategy Tool (RST) TM
The Revenue Strategy Tool (RST) is your ultimate partner for optimizing hotel revenue. Designed to integrate seamlessly with your PMS/CRS and other data sources, the RST provides insights into demand patterns, competitor pricing, and overall market conditions. By leveraging this tool, hotels can implement effective pricing strategies and improve forecasting accuracy.
If you're seeking innovative hotel revenue generation ideas, the RST is your go-to solution. Its customizable features and intuitive interface make it a must-have for revenue teams aiming to enhance both RevPAR and profitability.
Explore how the RST can transform your hotel's financial outcomes today. Discover the power of actionable hotel revenue generation ideas with the RST now.
Key Features of RST
Customized to meet the segmentation requirements of your property/portfolio
Demand analysis section allowing revenue team to understand demand on a daily basis with demand influencing events, competitive set pricing, weighted average, and current strategies applied
Price Ranking Analysis:
Importing ranking details from rate shopper tool.
Group Analyzer:
Based on forecast demand & expense related measures the GA will allow the end user to better understand the value of group opportunity
Contract Analyzer:
Based on forecast demand & expense related measures the CA 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.
Mix of Sales Analysis:
Analyze mix of sales for a self-defined time period by day of the 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 tp name a few can be added to this tool.
We custom build other key analysis and measures that are important to your specific needs.