Pace
Service: hotel revenue management
Location: U.K.
CEO: Jens Munch
Pace provides data-driven revenue management for hoteliers.
Pace uses machine learning to evaluate demand in real-time and respond with
optimal prices for every category. Hoteliers can set up visualizations over any
data, share them with stakeholders and receive updates.
Goals for 2021
In
just the past few months we have released Pace Analytics, a market-leading
business intelligence and analytics platform, and Pace Diagnostics, a market-first
product geared at demonstrating revenue uplift and, hence, ROI associated with
use of a revenue platform like Pace Pricing. With this as groundwork we are
well positioned for what we all hope will be a much more positive 2021.
With the shock of 2020 behind us and the forecasts from most outlets of a more
positive 2021 Pace plans to redouble its efforts at commercial expansion. We
have clear evidence of our data-driven revenue platform provides strong ROI to
our customers in both positive and negative market conditions.
We will use 2021
to share this message more broadly than we have before in our efforts to
transform this industry from one based on opinions to one based on data. We
have always endeavored to help our customers think more strategically about
revenue management and this is reflected in the suite of products we have built
into the Pace Revenue Platform.
We will continue to propel this market
transformation through relentless product innovation and a program of
education around data-driven decision making. Data is the light guiding the
industry out of darkness.
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Founded: 2016
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Team size: 20
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Funds raised: £4.5 million
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Website:
Pace
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