revup newsletter august 2010

8/7/2019 RevUP Newsletter August 2010

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REVUPinsider MARKET DEMAND SPECIAL EDITION 201 INSIDE THIS ISSUE: REVUP PRODUCT ROADMAP P1 NEW MARKET DEMAND DATA FEATURE P2 INDUSTRYNEWS P

REVUP PRODUCT ROADMAP

August: Market Demand (future market PACE)integrated with RevUp Pace and PickUp reports Hide/Unhide columns in PACE and PickUpreports allows user to define custom reportsettingsSystem Forecast report in Table mode withone click to excel report generation

Fall 2010: Improve Sensitivity reports to include MarketDemand and STR data Improve Forecast reporting to includesegmentsEnhance historical and future eventmanagement to improve Forecast accuracy. Enhance competitive set sell rate feed to allowor multiple comp sets Improve quality of graphs and UI througoutRevUp.

REVUP NATION,The product team has been burning the

midnight oil to integrate Rubicon Market

Demand data with your PACE and Pick Up

reports.

This is truly ground breaking functionality that

will give you a competitive advantage. In

analyzing your PACE and PickUp reports, future

market compression outside of the transient

booking window will be displayed alongside your

data.

For those who are not familiar with the report, it

is essentially a daily STAR report for the future.

We will launch with at least 120 days forward

looking data and over time expand to a 6 month

view. We plan to launch August 25 for San

Francisco and New York markets.

RevUp is the first to company to launch

integrated reporting with Market Demand data to

give you a jump on the competition.

We will continue to develop enhanced reporting

with this data and over time make it part of the

system forecast functionality. Speaking of forecast,

the team has also added a one step report

generator for system forecasts.

Our goal is to make your 90 forecast a simple turn

key process. The first iteration lacks a couple of

key elements that will be updated over the next

few product build cycles. Most of this has to do with

more granularity in calculating the group segment

trends more effectively.

We are really excited about the Market Demand

features and believe they will deliver immediate

value to you. We will schedule a webinar on August

26 to demonstrate the functionality and discuss

activation details.

Thanks as always for your feedback and support.

Optimize well my friends,

Mark

Welcome To RevUP NationHotel Nikko San Francisco

Located two blocks from Union Square

and one block from Cable Cars, this

luxury hotel is a sophisticated

sanctuary of modern elegance with

Asian charm.

www.hotelnikkosf.com
http://../My%20Documents/Downloads/www.hotelnikkosf.comhttp://../My%20Documents/Downloads/www.hotelnikkosf.com


2/3

HOTEL REVUP

MARKET DEMAND DEMO

As noted elsewhere in thisnewsletter, significant new

functionality will be launched this

week for New York and San

Francisco.

We have scheduled a product

demonstration session on Thursday

Aug. 26 at 11:30am EDT.

The RevUp team will walk you

through new product features andanswer your questions about the

functionality.

Our plan, with Rubicon's support, is

to allow all users Market Demand

service privileges for a one week free

trial and then extend service to all

users who wish to subscribe effective

Sept. 1.

Please click here to sign up for the

demo session:

Thursday 08/26 11:30PM ESThttps://student.gototraining.com/27jh3/reg

ister/2879793904726881536

Do you know how the future demand looks for your mark

How is your hotel performing against your competitive s

We are very excited to announce our newest featu

Market Demand Reportin

With this reporting you will be able to access in-de

competitive market demand data that provides comprehensive anal

of segmented future demand for selected mark

The following screen shots highlight the new repo
https://student.gototraining.com/27jh3/register/2879793904726881536https://student.gototraining.com/27jh3/register/2879793904726881536https://student.gototraining.com/27jh3/register/2879793904726881536https://student.gototraining.com/27jh3/register/2879793904726881536


3/3

Lodging Market Turnaround

Reinforcing STRs revised predictions were the results of American

Express third annual CFO Research Global Business and Spending Monitor.

The research revealed that business travel spending is stabilizing and policies

are beginning to loosen, particularly in areas that can be closely linked to

revenue growth.

http://www.hotelbusiness.com/hb/links/news/news.asp?ID=38664

2011 meetings demand to return pricing power: Amex

Gradual rate upticks over the first half of the year combined with further

increases in demand indicate that hotel price declines will likely cease and

even begin to rise in the 2011 negotiating season, American Express

Business Travel says

http://www.hotelsmag.com/MembersOnly/webNews/details.aspx?item=17804

Lingering supply growth affects major markets

In the June-August 2010 edition of Hotel Horizons, PKF Hospitality Research

is forecasting another year of competitive market conditions for U.S. hotels,

although the industry has now turned the corner. In 2010, PKF-HR is

projecting revenue per available room to increase by 1.1 percent, the net

result of a 3.4 percent increase in occupancy and a 1.1 percent fall off in

average daily rate. This reflects an upgrade to our forecasts as of late 2009,

when 2010 was expected to be another year of declining RevPAR.

http://www.hotelworldnetwork.com/trends-and-stats/lingering-supply-growth-

impacts-major-markets

HOTEL REVUP LLC

333 Park Avenue South, Suite 5C

New York, NY 10010

P: 646.355.0570

F: 212.753.7253

E: [email protected]

W:hotelrevup.com
http://www.hotelbusiness.com/hb/links/news/news.asp?ID=38664http://www.hotelsmag.com/MembersOnly/webNews/details.aspx?item=17804http://www.hotelworldnetwork.com/trends-and-stats/lingering-supply-growth-impacts-major-marketshttp://www.hotelworldnetwork.com/trends-and-stats/lingering-supply-growth-impacts-major-marketshttp://www.hotelrevup.com/http://www.hotelrevup.com/http://www.hotelrevup.com/http://www.hotelrevup.com/http://www.hotelworldnetwork.com/trends-and-stats/lingering-supply-growth-impacts-major-marketshttp://www.hotelworldnetwork.com/trends-and-stats/lingering-supply-growth-impacts-major-marketshttp://www.hotelsmag.com/MembersOnly/webNews/details.aspx?item=17804http://www.hotelbusiness.com/hb/links/news/news.asp?ID=38664