Hotel-tech glossary

Pace

Cumulative bookings on the books compared to historical patterns.

Pace measures cumulative bookings on the books for a specific future date or period compared to historical patterns at the same lead time. Pace running ahead of historical signals demand strength; pace lagging signals weakness. Pace plus pickup plus pricing are the three core revenue-management routines.

Related terms

Pickup

New bookings added during a specific time period.

Demand Forecasting

Modelling future occupancy and rate-mix based on historical and signal data.

Part of the hotel-tech glossary. Maintained by Maciej Dudziak, founder of Guestivo.