Strategy Insights widget

You can use the Decision Insights widget on the Day Focus screen to determine why RMS is recommending the displayed rates.

It provides you with insights of the effect that the main factors have on the final price decision and their current value compered with their typical range for the given lead time.

The widget also highlights KPI variations compared to their expected pace along with your data stability and demand elasticity.

Note: The data shown in the widget is based on the data received from your PMS and the past business trends observed on it.

The widget has these main sections.

Current vs Typical

This section shows how the current property KPIs compare to their typical range on similar dates.

These are the highlighted KPIs:

  • Room Nights
  • Room ADR
  • Market Price
    Note: If the selected property does not have any market data enabled, the Market Price is not displayed.

Each KPI is represented in a form of slider that displays these elements:

  • Full range in gray.
  • Typical range for the specific lead time in blue.

    Below the typical range, the first value is displayed at the beginning of the range and the last value at the end of the range.

  • Current value displayed on top of the range.

    If the current value is outside the full range, then it is placed outside the full range but next to it.

    If Room Nights or Room ADR are null, 0 is displayed. This can happen if there are no bookings.

Pickup

The Pickup section contains these details:

  • Variations: Variations on Room Nights,Room ADR, and Market Price with a toggle to change the horizon and icons to indicate the speed of the changes compared to similar periods.

    You can select 1D, 7D or 14D. If you select a different variation horizon, then the variation alert values and icons are recalculated based on the new horizon.

    These indicators show the extent of the KPI change:

    • <<: Lower than its typical variation
    • <: Slightly lower than its typical variation
    • =: Similar to its typical variation
    • >: Slightly higher than its typical variation
    • >>: Higher than its typical variation
  • Data stability: A score of 1 - 5 on data stability for the day. This can help you understand how stable historical patterns are for the selected date. A high data stability index indicates low uncertainty, while a low stability indicates a high uncertainty. These are the meanings of the scores:
    • 1/5: Low stability
    • 2/5: Medium-low stability
    • 3/5: Medium stability
    • 4/5: Medium-high stability
    • 5/5: High stability
  • Demand elasticity: A score of 1 - 5 on demand elasticity. Based on your latest data, the observed RN OTB is correlated against the Room ADR to determine the elasticity. These are the meanings of the scores:
    • 1/5: Low responsiveness
    • 2/5: Medium-low responsiveness
    • 3/5: Medium responsiveness
    • 4/5: Medium-high responsiveness
    • 5/5: High responsiveness