This section's main purpose is to provide tier recommendations based on settings the user entered in the Setup section.
Users can also pick a specific rate tier from this screen as well, much like Manual Tiering.
However, this screen does provide users with data that can help them make decisions on what tiers to select. Data such as the current number of rooms sold, group allocations, current revenue, historical data, and more.
It will not automatically change the Tier, but it does allow the user to update the tiers quickly based on its recommendation.
The setup section in the toolbox on the right, allows users to input a variety of settings that will help users make decisions on changing rates. Most of the settings are all going to be used in the Manual Enhanced section of Rev MGMT.
OTB stands for On The Books.
This section shows 3 different reports ADR, Occ%, and # of Rooms in a graph form
The Graph shows Current, as well as Historic data.
This section only works if the hotel has signed up with a 3rd party company that is able to provide rates of competitors.
Visual Matrix pulls in the data, so it can be viewed and used when making rate-changing decisions.
The Report section has a few different reports that provide data to help choose the best option for maximizing revenue.
Five reports are available:
- Estimated Occupancy Forecast;
- Forecast Trend Adjustment Analysis;
- Rate History;
- High Occupancy Report;
- Action Log.