Lead time is how many days before the stay a booking is made. A short lead time means people book last minute and forces playing price almost in real time. Knowing how it is distributed helps decide when to open deals and when to hold price.
Example If the average lead time is five days, there is no point dumping inventory with two months to go.
Pace is the rate at which bookings build for a date compared with how the same day ran last year or with the...
RevenuePickup is the new bookings coming in for a date over a given window, for example the last seven days. It...
RevenueDynamic pricing adjusts rates in real time based on demand, competition, lead time and other factors. Instead...
AI and automationPredictive analytics uses historical data and models to estimate what will happen, not just report what did....
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