Release notes version 5.0.x

In this article, you can find all new features & functionalities in the RevControl 5.0.x releases.

RevControl 5.0

01-11-2023

At RevControl, we are committed to continuous innovation, and we are thrilled to unveil the most significant update to our Revenue Management System yet! With this latest release, we are confident that you can further optimize your revenue like never before.

First and foremost, we've revamped the entire look and feel of RevControl to provide an even more user-friendly experience. Sporting a vibrant blue color scheme with striking orange accents, our new interface is both visually appealing and intuitive to navigate. The centerpiece of this update is our redesigned dashboard, which now offers all the essential insights you need for a precise overview of your accommodations' performance and business outlook.

But that's not all – we've also made significant improvements to enhance the overall speed and responsiveness of the system.

Let's delve into the enhancements to the dashboard. We've integrated several new graphs that allow you to grasp crucial information at a glance:

1. Business on the Books Graph: Easily monitor the current business on the books for the upcoming week, giving you invaluable insight into your future reservations.

2. Pickup Graph: Track the development of bookings for the upcoming week, helping you anticipate demand and adjust your pricing strategies accordingly.

3. Actuals Graph: Explore the performance of your hotel from the past week with detailed results showcased in an easy-to-understand format.

Additionally, located in the top right corner, you'll find a selection of key performance indicators that you can scroll through for quick reference. And if you need more detailed information, simply click on any graph to delve deeper, such as exploring specific segments.

As part of our commitment to providing you with comprehensive insights and tools for effective revenue management, we integrate competitor rates directly into our dashboard for rate recommendations. These rates are visible for the upcoming week, and by clicking on the title, you can access competitor rates for the entire upcoming year.

Additionally, our latest feature includes Alerts for significant changes in demand, allowing you to stay ahead of market fluctuations. Our dashboard features a convenient rate calendar, offering a quick overview of rate statuses for the upcoming month. With the Change rates button, you can promptly adjust your rates in response to changes in demand, ensuring optimal pricing alignment.

In our ongoing efforts to enhance usability, we've implemented frozen titles in our reports, making them even easier to read. This means you can effortlessly scroll through different key performance indicators while keeping titles visible, facilitating swift data interpretation.

We take pride in these latest updates and are dedicated to make revenue management easy for our users. Through our updated knowledge base, we aim to provide you with comprehensive resources to fully leverage our newest functionalities. Should you have any questions or require assistance, our Customer Success team is readily available via email or chat. Don't hesitate to reach out—we're here to support your success.