How to plan your revenue strategy - Financial calculator

As part of our Revenue Management series, we’ve prepared this calculator to help you better understand the role of different rate types in your revenue strategy. A well-balanced approach can help you maximise revenue while offering the flexibility guests expect when booking their stay.

• Non-Refundable rates secure guaranteed revenue upfront and result in no lost revenue due to cancellations. However, relying exclusively on this rate type may reduce booking volume. Balancing upfront revenue with competitive pricing can help maintain a steady flow of reservations.

• Refundable rates provide the flexibility that many guests look for, increasing booking appeal, though cancellations may affect final earnings.

Here is an article explaining how to create and manage a rate plan.

Use the calculator below to estimate your potential revenue and see how different rate combinations impact your profits. Finding the right mix allows you to attract more bookings while maintaining a healthy bottom line.