PACE REVENUE
The toughest challenge for a hotel-owner is highly dynamic demand for a fixed number of rooms - some nights your property is half-empty, other times it's booked out weeks in advance. Smart use of pricing, timing, and sales-channels can add more than 30% to annual revenues. Pace has built the first solution that gives hotels real-time forecasting, price sensitivity analysis, and automation. Now hotel-owners can trust that they are responding rapidly to changes and always getting the right bookin... gs at the right prices. Pace uses machine learning and statistics to turn pricing into a real-time exploration how to optimally match supply and demand. Their algorithms are proprietary and actively worked on by their science team. They differentiate by being a tech-led company in hospitality (most competitors are the inverse) and by having a staged path towards the end-goal of real-time automation.
PACE REVENUE
Industry:
Artificial Intelligence Hospitality Infrastructure Machine Learning SaaS
Founded:
2016-08-08
Address:
London, England, United Kingdom
Country:
United Kingdom
Website Url:
http://www.pacerevenue.com
Total Employee:
11+
Status:
Active
Contact:
+44(0)20 8242 4044
Email Addresses:
[email protected]
Total Funding:
4.5 M GBP
Technology used in webpage:
SPF Nginx Amazon IPv6 Google Apps For Business AJAX Libraries API Google Google Cloud Ruby On Rails Token Amazon CloudFront
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Current Advisors List
Current Employees Featured
Founder
Investors List
Impact X Capital Partners
Impact X Capital Partners investment in Seed Round - Pace Revenue
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Hambro Perks Ltd. investment in Seed Round - Pace Revenue
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Seedcamp investment in Seed Round - Pace Revenue
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Speedinvest investment in Seed Round - Pace Revenue
Amadeus Capital Partners
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