PIE - Price Intelligence Engine - Overview page

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The Price Intelligence Engine (PIE) allows properties to make rate decisions based on occupancy and competition.  It consists of the following main functionalities:

  1. Creating lists of closest competitors, known as “compsets”, to see where your property ranks in rates and availability compared to those competitors (retrieved by a third party via scraping of OTAs)
  2. Creating “rules” which will trigger a rate or restriction update (automated or flagged for approval) based on occupancy and/or compsets

The dashboard will show data related to occupancy, revenue and compsets.

Occupancy

Up to date occupancy for the entire property. 

On Performance, you will be able to see yesterday’s, last month’s, and year-to-date occupancy. 

RevPar - Revenue Per Available Room

Up to date RevPar for the entire property. 

On Performance, you will be able to see yesterday’s, last month’s, and year-to-date occupancy. 

ADR - Avarage Daily Rate

Up to date ADR for the entire property. 

On Performance, you will be able to see yesterday’s, last month’s, and year-to-date occupancy. 

Room Nights Sold

The number of room nights sold today. Same calculation as “Room Nights” under Today’s Activity on the existing Dashboard

Revenue Pick Up (Last 30 Days)

Room revenue received over the last 30 days. If we have data for the same period of time of the past year, you will see a percentage change in the chart. 

Today’s Activity

A lists off all the rules triggered, approved and denied for the current day.

Upcoming High Occupancy

A calendar view of all dates showing occupancy higer than 80% highlighted red.

Market Data

On Market data you will be able to view the current rates (and rank) for the next 30 days.

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