Revenue Science

Favourite Facts for July

A short, monthly dose of our favourite facts and quotes at Pace. Check it out to see what has been going on behind the scenes.

Psst! Want to hear a secret?

Revenue management teams at properties spend an incredible amount of time per day deciding and readjusting the prices sold for each day …

You're a leader

At Pace, we have spent years researching the relative value of primary versus secondary data. This research has demonstrated that basing your pricing decision on primary data is a …

Can you trust AI?

Should you trust their AI or fall back to business rules that you understand well? If you decide to surf the AI wave, how do you know which of all those RMSs to go with?

You can't afford to be a follower

The concept of price leader or setter versus price follower is often used among revenue managers. But what do these terms actually mean? And, more importantly, what use can we put …