Business Analysis Dashboard
The Business Analysis dashboard helps you monitor G3 RMS. You get a daily view of key business data and the system's forecasts and decisions. You can also drill down for more details and use links to pages where you can, if necessary, make changes to the forecast and decisions.
What Questions Do You Have about the Business Analysis Dashboard?
- Where can I monitor key performance data, forecasts, and decisions for each day of the month? View the Summary tab.
- How do I view metrics at a more detailed level, by Forecast Group, Room Class and Business View? View the Data Details tab.
- How do I compare booking pace to last year? View the Pace Data tab.
- Where can I monitor daily performance by Business View? View the Performance tab.
- How can we use the dashboard in our revenue management meetings?
- How can we use the dashboard to do a high-level review of forecasts and decisions?
- Why are there data discrepancies?
- Should I use G3 RMS forecasts for our financial forecasts?
Dashboard Steps
Accessing the Dashboard
Click 
and then Business Analysis.
Changing the Monitored Period
Your date selection applies to all tabs. You can change dates in several ways:
-
Click the button
to select specific dates. -
Click the double arrows
to move to the same period next or last year. -
Click the single arrows to move to the adjacent periods of the same length.
-
Click and drag the end points on the day slider to change the period.
Viewing Data
View by Inventory Group
If you set up Inventory Groups, you can select one to see the data only for its defined Room Classes. The default selection is Property, or all Room Classes. You can change the default selection in Preferences.
Remove Excluded Segments
Select the Remove Excluded Segments checkbox if you want the metrics to exclude business from specific market segments. This option is available if you defined the excluded market segments in Manage Property Information. And if you use Inventory Groups, you must select the Property level.
Best Practices
Review Explanations for Data Discrepancies
If you have questions about differences in the data between G3 RMS and other systems, review one of the following topics:
Last Year's Booking Pace is Missing
This scenario applies if you're in your first year of system implementation, and your reservation system provides incomplete historical data. When that occurs, last year's pace looks like a blue triangle with a straight line from zero days to arrival to the final occupancy for the monitored period. For more information, review Pace Data Missing for Last Year.
Data Differences between Reporting Levels
If you have questions about variations in data between different levels, for example, between the property and Forecast Group levels or pickup between rate code market segment level, see Data Level Differences.
Pace Data Differs between G3 RMS and Daily Extracts
If you find data variations between same time last year (STLY) in G3 RMS and other systems, see Pace Differences.
Pace Data Differs between IDeaS Systems
If you're transitioning from IDeaS RMS to G3 RMS, review Pace Differences between IDeaS Systems.
Use the Dashboard in Your Revenue Management Meetings
Most clients have regular meetings when the revenue management team discusses strategy, pricing, yielding etc. In your meeting, instead of printing reports, project the Business Analysis dashboard on a screen.
Do Not Use G3 RMS Forecasts for Financial Forecasting
The occupancy and revenue forecasts in G3 RMS should not be used directly for financial forecasting. The primary purpose of the system's forecast is to produce the best possible decisions. The level of detail required for that purpose can sometimes reduce the accuracy of property-level forecasts. For example, when the on books values for a very high-value room type change, the property-level revenue forecasts might change considerably. Consider G3 RMS forecasts of occupancy and revenue as useful inputs to the financial forecasts, but not as the only driver of financial forecasts.
You can review significant differences in occupancy forecasts between G3 RMS and your financial reports. Include that in your Regular Task of reviewing the forecast and consider what G3 RMS knows, share what you know, and tell the system the truth. Understand that changes to G3 RMS forecasts occur for a variety of reasons, for example, when unexpected bookings or cancellations occur.
