The Group Pace Report gives hotels a glance at the blocked or pickup (actual) room nights entered in the system for a selected date range. This report compares room numbers, revenue, and ADR on the books against what you have in your budget, what you booked last year, Pickup (actuals) last year, and variance to last year’s actuals.

This report is helpful for forecasting and determining if the team is on target to meet the budget.

With this report, you can increase the chances of meeting/exceeding the budget. You can predict the months upcoming in which you will need to define strategies to ensure that you do not fall short of that budget. Since the Report is also broken up by Market Segment, special efforts can be put towards those segments that may be falling behind.

The Group Pace Report will allow you to determine if the actualized revenue for past months has met and/or exceeded budget.

It will allow you to analyze past months to determine their impact on the yearly budget.

You can utilize information found in the Variance to LY (last year) column as a measuring instrument to decide if booking pace is behind or ahead of last year's budget. The historical data will help determine if the team is on track to meet the current year's budget.

The Group Pace Report is ideal for understanding booking patterns. These patterns can include but are not limited to: determining which months are your peak booking months, which quarter shows the largest revenue intake, and which months are the slowest.