Revolutionize Your Hotel Revenue Management with Demand Calendar
Introducing Demand Calendar, the ultimate solution for hotel revenue managers looking to streamline their processes and achieve their RGI goals. With automatic data collection and advanced analysis capabilities, this all-in-one system simplifies the process of Total Revenue Management and empowers you to make better decisions, faster.
How to become the best Revenue Manager in the hospitality industry
If any of this sounds familiar, you need Demand Calendar
It takes a lot of time to collect data
❌ Our data resides in many different systems
❌ A substantial part of my work is to find the correct data
❌ It takes forever to copy and paste data between systems
❌ We cannot use one system for all our hotels
❌ Most of our data collection processes are manual
It isn't easy to understand the information
❌ We do not know how to capture a higher market share
❌ I cannot forecast and track pick-up for all revenue sources
❌ We cannot track forecasting accuracy
❌ I have no visibility of group business
❌ Reporting to management takes too much time
NO MORE GUESSWORK!
Demand Calendar is a game-changer for Total Revenue Management
Here is an ideal day in the hotel revenue managers life:
Always running in the background
All, new, modified, or canceled, reservations transfer automatically with all details from the hotel PMS. In addition, Demand Calendar collects data from benchmarking, rate shopping, and the revenue management system to have all data organized and ready to use to make actionable decisions to improve performance.
Start of day
Log in to the dashboard to show yesterday's performance and pick-up. Demand Calendar searches for anomalies and will alert you when pick-up is too fast or too slow, so you will not miss any opportunities to optimize revenue. Then, take action and start checking all alerts off, one by one. Add notes to the Demand Calendar diary for each day to keep track of decisions and actions. Next, check that all the new reservations are complete and accurate, and assess group inquiries.
Morning - focus on yielding
Review the room forecast for the next couple of weeks. The best Revenue Managers keep all estimates updated to ensure that the forecast is current, so this process will only take a few minutes every day.
Review the forecast for all other revenue sources and pay attention to any new inquiries that might materialize. If it is likely that a group will become definitive, it is time to consider a rate adjustment for the remaining inventory. Make a note to yourself in the diary.
The booking pace might be slow for some days, so the hotel needs an attractive campaign to speed up the pick-up. Assist marketing with analyzing campaign content, rates and executing distribution of availability and rates.
Afternoon - focus on team actions
After spending the morning on finetuning the total revenue forecast, you now have all the facts and figures to support the other team members.
Discuss and assist sales and in-house sales with attractive rates to win the right business.
Help marketing to analyze campaign results and advice on where new campaigns could help bring in more business. Discuss which campaigns and special rates to open or close.
Respond to any requests for facts and figures from your boss. If time permits, go deeper into the statistics to better understand trends and patterns.
Before leaving for the day
Review the pick-up and any additional alerts. Check all tasks and plan the work for the next day. Go home confident that you have 100 % control. Once in a while, check that you are getting closer to your goals.
Total Revenue Forecasting and Pick-up Tracking is simple and complete in one system and developed specifically for hotel revenue managers.
Automatic data collection
Automatic data transfer from the hotel PMSAutomatic data transfer from Benchmarking
Automatic data transfer from Rate Shopping
Automatic data transfer from RMS
Automatic data transfer from other sources
All data stored in one easily accessible system
Automatically consolidated data from all hotels
Easy to make forecasts and share decisions
Overviews to understand the big pictureDetails for deeper insights
Visualization of trends
Cross-analysis between internal and external data
Total Revenue Forecasting (all revenue sources)
Pick-up tracking of almost everything
Reporting to easily share progress and forecasts
Optimize revenue performance and work more efficient
Optimize revenue performance and work more efficient
" Demand Calendar eliminates time-wasting administration and gives me time to work more strategically. To optimize revenue performance it is vital to analyze data and determine how to develop and optimize each market segment. The system supporting us to work more efficiently and help us achieve a competitive advantage in the market."Bank Hotel & Berns Hotel, Stockholm
Easy to use
Easy to use
" Demand Calendar gives us the perfect overview of our business and instead of spending all our time collecting data we can focus that time to make strategic decisions. It's an easy tool to use for forecasting, pick-up tracking & segment analysis and enables us to make better and faster decisions to increase profitability."Hotel Royal, Göteborg
Give me a call
"I would like to share my experience of working as a commercial manager and a revenue manager in both independent and chain hotels in Stockholm, Sweden. My team at the Winery Hotel used Demand Calendar on a daily basis. Together we became the market leader in the destination just two years after opening. My role in Demand Calendar is to help our customers to reach their goals. I am happy to train and coach all commercial roles in hotels."
Marianne Söder, Demand Calendar marianne@demandcalendar.com, +46 70 204 0004