The PMS analytics tool supports hoteliers worldwide with assessing their internal booking and revenue data in context with current market information
Berlin, Germany (Sept. 8, 2020) – HQ revenue today launches Performance Board, a business analytics tool providing hotels and hostels with an interactive interface that combines their revenue numbers and Property Management System (PMS) data, and puts it in context with current market information.
“With Performance Board, we could react quickly to the situation in which hoteliers find themselves, as guests are more inclined to book at short notice,” said HQ revenue CEO Roland Hehn. “Real-time information on the market situation helps revenue managers uncover revenue opportunities, and given that knowledge, allows them to make pricing optimizations faster and more confident.”
Engineered for continuous analysis
Revenue managers can measure their performance against the competition year-round and draw intelligent conclusions from the tool's unique presentation of their data.
Features of the PMS analytics tool:
Displays hotel data for the current year and the given day plus 365 days ahead
Pulls in historical data up to the last 90 days for dynamic pickup tracking
Adaptive machine learning algorithms support room night forecasts
Individual revenue target setting for each month and up to twelve months ahead
Integrates data from Market Intelligence, HQ revenue’s market analytics solution
Real-time market data shows competitor prices and demand at a hotel’s location
“Before no other tool could combine a hotel’s PMS data and current market information in such a powerful way,” said Hehn. “Performance Board can have a positive influence on how hoteliers assess their valuable hotel data moving forward.”
Customers can choose between two versions: Free and Professional.
About HQ revenue
HQ revenue, a brand of HQ plus GmbH, is a Berlin-based SaaS hotel technology provider with over 10,000 users worldwide. Since 2012, the company’s vision is to be the heart of every hotel’s winning revenue strategy. It aggregates and analyzes data in real-time, providing hotels—from boutique properties to global chains—with the most useful information. Technical integrations include more than 60 of the best software solutions in the industry. HQ revenue is a team of 35 international colleagues, many of them hotel industry experts.