PACE REVENUE

The toughest challenge for a hotel-owner is highly dynamic demand for a fixed number of rooms - some nights your property is half-empty, other times it's booked out weeks in advance. Smart use of pricing, timing, and sales-channels can add more than 30% to annual revenues. Pace has built the first solution that gives hotels real-time forecasting, price sensitivity analysis, and automation. Now hotel-owners can trust that they are responding rapidly to changes and always getting the right bookin... gs at the right prices. Pace uses machine learning and statistics to turn pricing into a real-time exploration how to optimally match supply and demand. Their algorithms are proprietary and actively worked on by their science team. They differentiate by being a tech-led company in hospitality (most competitors are the inverse) and by having a staged path towards the end-goal of real-time automation.More