RTS Velocity is an advanced comprehensive revenue management and business intelligence solution that enables cruise ferry operators to increase their incremental revenue and maximize their profitability. In addition to financial benefits, Cruise Ferry operators will realize an increase in productivity, real time data availability for better decision making, and improved response times.
Forecast demand with multiple advanced techniques, taking seasonality into account and considering factors such as time of departure, vessel capacity, point of sale.
Recommend optimal capacity configurations for different resources including passenger and vehicles. Optimize every single sailing using unconstrained demand forecasts, overbooked space and fares including ancillaries, ensuring operational constraints and business policies are satisfied.
Links primary to secondary resource, like passengers to vehicles, in various ways, enabling simultaneous optimization of multiple resources.
Determine optimal overbooking levels for capacities available for sale considering cancellations, no-shows and passenger upgrading and downgrading among cabins.
Support for sailings with simplified fares using price elasticity curves.
Support for Origin Destination Revenue Management for markets that have significant volume of connecting traffic.
Considers the total value of passengers, inclusive of ancillary services and forecasts demand for ancillaries.
Optimizes a series of sailings based on staffing level capacities, and the potential cost savings of reducing staffing levels.
Provides a holistic view of multiple sailings where traffic types are a mix of one way transport and round trip cruise passengers.
Executive level dashboard reports including KPI's with drill down functionality provide critical insight for operational and strategical decision making.
Visibility into competitor sailings based on competitor fare data, to enable better decisions and methods of automating price matching.