Cendyn Grouprev is a comprehensive revenue management solution designed specifically for group business in hotels. It provides advanced forecasting tools, optimized pricing recommendations, and total meeting space management capabilities to help hotels maximize their revenue and profit from group bookings.

Key Features

Robust Group Forecasting Utilizes advanced forecasting tools to provide accurate projections for group business

• Offers unconstrained view of group business at micro-segment level
• Built on core strategy of Cendyn Guestrev's transient forecast tools

Optimized Pricing Recommendations Provides data-driven pricing recommendations to help sales managers quote confidently

• Presents floor, optimal, and ceiling bid rates
• Bases rates on expected total revenue and winning probability at micro-segment level

Total Revenue Optimization Considers all revenue streams to maximize total hotel profit

• Factors in ancillary profit for total group opportunity value
• Allows hotels to define custom ancillary categories and profit margins

Meeting Space Management Simplifies management of function spaces for optimal utilization

• Features Free Sell Calendar for catering-only business
• Enables setting rules to open/close function spaces
• Allows establishing booking targets per function room

Benefits

Increased Revenue Helps hotels maximize total revenue from group business

• Optimizes pricing to capture highest possible revenue
• Considers ancillary revenue streams for comprehensive profit maximization

Improved Decision Making Empowers sales managers with data-driven insights

• Provides confident RFP responses based on accurate forecasts
• Offers clear pricing recommendations to guide quoting process

Enhanced Space Utilization Optimizes use of hotel meeting and function spaces

• Simplifies management of catering-only business
• Improves overall space utilization and booking efficiency