Revenue Management System (RMS)
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Price Optimiser | Rate & Events Shopper | Revenue Reporting
Why We Implement MavPERFORM RMS To Help Us Optimise Your Revenue
"MavPERFORM RMS is an algorithm powered, cloud-based and responsively designed Revenue Management System (RMS) & Price Optimiser that improves Revenue Per Available Room (RevPAR) whilst saving valuable costs and time.
MavPERFORM RMS currently has over 70 integrations and more are continually being added to help ensure that it is ready to use within any existing technological infrastructure that a single property or group of properties may be using - from a range of Property Management Systems (PMS) that add valuable data to Channel Managers that distribute the optimal price to all channels.
The price optimisation algorithm of MavPERFORM RMS uses data from the PMS to identify patterns and trends in the past, such as day of week patterns and demand seasonality, alongside forward-looking data that it shops automatically, so that it can produce accurate occupancy forecasts for the future. With these occupancy forecasts, the algorithm then computes the optimal price, following the property-defined pricing strategy, but recalibrating it based upon availability, competitor rates and guest ranking and consequently increases revenue for the property.
MavPERFORM is easy to install and the methodology used allows us to put in place a property-specific revenue strategy that is relevant to the market within which the property operates - which is absolutely imperative."
Dominic Jackson, CRME
Founder, MavREV
How MavPERFORM RMS Helps Us To Optimise Your Property Revenue
MavPERFORM RMS & Price Optimiser
Optimises Prices & Increases RevPAR
Check Reports To Form Ideas & Make Decisions
Set Limits & Alerts To Check Performance
Rate Plans & Policies
Date Match To Same Actual Day Last Year
PACE
Competitor Rate Trends
Past
Hotel Occupancy
Competitor Inclusions
Pick Up
Influence Of Dates
Room Types
Demand
DATA
Events Updates API
Industry Reports
Future
Rate Types
Market Rates
RevPAR
Market Segmentation
Competitive Set Rates
Similar Dates
Weighted Averages
Market Compression
Identify Patterns
Competitor Set Positioning
Price Tuning
Receives & Processes Data
Removes Outliers
Builds Benchmarks
ALGORITHMS
Analysing Trends
Self Learning Curve
Calculates Occupancy Forecasts
Booking Window
Regression Calculation
Your View On Demand
Monthly Budgets
Rate Boundaries
Seasonality
STRATEGY
Daily Budgets
Define Competitor Importance
Pick Up Alerts!
Events Impact
Current
Want Us To Use MavPERFORM RMS To Help Optimise Your Property Revenue?
If you would like us to use MavPERFORM RMS to help optimise your property revenue with our Total Revenue Optimisation service, so that your property can realise its true revenue potential and thrive, or if you would like further information, please contact MavREV.
