The way hotels manage their acquisition costs is evolving. At Juyo, we believe that precision and flexibility in cost allocation can make all the difference in driving profitability. That’s why we’re excited to introduce Net Revenue 2.0, a significant upgrade to our Distribution Cost module.

Traditional cost allocation methods often lacked the flexibility needed to support modern revenue strategies. Our enhanced rules-based, multi-dimensional approach now provides hotels with the ability to optimize cost strategies in a way that aligns more accurately with their business objectives.

What’s New in Net Revenue 2.0?

Multi-Dimensional Cost Allocation

In the past, cost allocation was primarily limited to segment, channel or rate code assignments. This update introduces a more sophisticated approach, allowing costs to be distributed across multiple dimensions such as agencies, countries, and companies. This level of customization ensures that cost allocations reflect the complexity of real-world business operations.

Chain-Level Efficiency

Managing costs across multiple properties has always been a time-consuming task. With this new update, power users and distribution managers can now allocate costs across multiple hotels in a single action. This streamlines the process, reducing manual work while ensuring consistency across properties.

Greater Control Over Cost Allocation

Whether working at a high level or diving into detailed breakdowns, this upgrade provides greater control. Costs can be allocated broadly or drilled down into specific segments, offering the flexibility to meet different strategic needs.

Redesigned User Interface

The cost allocation process is now more intuitive with a refined user interface. The system has been designed to make it easier to add costs, select allocation dimensions, and navigate the platform efficiently.

Allocation for Sales & Marketing Costs

Sales and marketing budgets play a crucial role in revenue management. This update makes it possible to distribute these costs across channels and segments in a structured manner, ensuring that budget allocations align with expected reservations.

Filterable Chain-Level Overview

Users can now access a comprehensive, filterable view of all costs at the chain level. This feature allows for better analysis and decision-making by providing a clear, consolidated view of cost performance across multiple properties.

The Effect of using Net Revenue v2.0

Juyo Analytics’ visualisation engine allocates the configured costs at the individual reservation level. This means that across all dimensions, also filtered and cross-filtered, you can see the net revenue contribution of each dimension (or dimension combination). As a result you will not just see (for example) which Country drives the highest NetADR, but understand under which conditions (Channel, Leadtime, Stay period, etc.) that specific country is driving high NetADR bookings. This is the intelligence required to target and acquire more of those type bookings to increase the overall NetADR of the hotel.

For an introduction of what Net Revenue Analytics looks like inside Juyo Analytics, watch this 6-minute video.

Getting Started with Net Revenue 2.0

This update is designed to provide immediate benefits to cost management processes. To get started, reach out to your Customer Success Manager or schedule a demo to explore the capabilities of the upgraded Distribution Cost module. Personalized training sessions are also available to ensure your team fully leverages the new features.

The Future of Cost Management

Net Revenue 2.0 is a significant step forward, but we are already looking ahead. The goal is to make cost management an effortless process, allowing hotels to focus more on revenue optimization.

To learn more about Juyo Analytics and Net Revenue v2.0, contact us