Who needs the Hotel Matrix program?
► Hotel owners, general managers
Analysis of the income received in comparison with competitors, studying the strengths and weaknesses of the hotel's work, where the potential for increasing profitability is hidden, how to change the business strategy to achieve better results.
Calculation of ADR, Occ, TRevPEC, TRevPAR and other important indicators for analyzing hotel operations.
► Revenue managers, commercial directors
Analysis of room pricing, statistics of sales growth or decline when tariffs change, making informed decisions based on the data received.
► Investors
RevPAR, ADR, Occ, GOPPar, TRevPEC indicators for calculating NPV of projects, comparative calculations for deciding which hotel to invest in.
RateMatrix is a tool for analyzing prices on online resources.
MONITORING:
Thanks to daily monitoring of your competitors' prices, you can quickly adjust your hotel prices and monitor the market situation.
FEATURES:
RateMatrix allows you to create a competitive group of 6 hotels and view prices by competitive group for up to 180 days.
With the Hotel Matrix software product you can:
- Focus on real market demand;
- Do you receive real data on competitors' ADRs?
- You can see how much revenue per guest is allocated to the key services of the competitive group;
- Analyze your hotel's performance in terms of the market;
- Evaluate the success of your pricing strategy;
- Identify areas where the hotel can earn more;
- Do you study the strengths and weaknesses of the hotel's work?
- Implement marketing strategies.
What reports are available in Hotel Matrix?
The Hotel Matrix program displays reports on all the main indicators of hotel performance, such as: Occupancy (room occupancy), ADR (average daily rate), RevPAR, TREVPAR, TREVPEC. In addition to hotel performance, the program analyzes the performance indicators of SPA, restaurants, and conference rooms.