Introducing the Pacing Dashboard: A New Era of Performance Monitoring

Introducing the Pacing Dashboard: A New Era of Performance Monitoring

Revenue management is about more than just setting the right price—it’s about understanding performance across every dimension of your portfolio. That’s why we’re excited to unveil the Pacing Dashboard, a powerful tool that brings real-time insights into the health of your bookings, channels, and pricing strategies.

With the Pacing Dashboard, you can reveal hidden issues, identify opportunities, and ensure your properties remain on track to meet revenue goals.

What Does the Pacing Dashboard Do?

The Pacing Dashboard introduces a suite of advanced metrics designed to highlight performance across your portfolio:

• Booked Nights by Channel: Gain clarity on how individual channels are contributing to your bookings. Identify underperforming channels that may indicate errors or disruptions.

• Booked Nights vs. Expected: Compare total booked nights to projections from your Expected Occupancy Curve. Stay informed about whether you’re pacing ahead or falling behind.

• Booked Nights by Length of Stay: Analyze how booking patterns align with expectations. Spot issues like conversion challenges for long bookings or discounts that may be skewing behavior.

Automated Alerts for Real-Time Insights

The Pacing Dashboard doesn’t just display data—it actively works to keep you informed. Automated alerts flag critical trends, so you can respond quickly:

• Channel Droughts: Be alerted to sudden drops in bookings on specific channels. This could indicate a technical issue or a shift in demand requiring immediate attention.

• Booking Velocity Issues: Track how quickly booked nights are accumulating versus the passage of time. For example, if 100 unit-nights pass in a single day across your portfolio but only 50 nights are booked, the system flags this as a potential problem. Similarly, high booking velocity can warn of overbooking risks, helping you adjust pricing before inventory is depleted.

• Length-of-Stay Variations: Monitor deviations in average length of stay. If stays are consistently shorter or longer than expected, it could highlight conversion issues or the need to fine-tune discounts for specific booking lengths.

Why the Pacing Dashboard Matters

The Pacing Dashboard brings a new level of precision and foresight to your revenue management strategy. Here’s why it’s a game-changer:

• Proactive Problem Solving: Catch issues early, whether it’s a channel outage, misaligned pricing, or unexpected booking trends.

• Enhanced Visibility: Understand your portfolio’s performance from every angle—channels, occupancy trends, booking velocity, and more.

• Improved Decision-Making: With actionable insights and automated alerts, you can make smarter, faster adjustments to optimize revenue.

Take Control of Your Performance

The Pacing Dashboard is your command center for revenue management, offering the insights and tools you need to stay ahead in a competitive market. By revealing hidden opportunities and potential challenges, it empowers you to maximize revenue and streamline operations.

Ready to elevate your revenue strategy? The Pacing Dashboard is now available to all GPTPricing users. Explore its capabilities today and unlock new possibilities for your portfolio. Contact us to learn more or get started now!