myForecast is a revenue management system for hotels. It forecasts demand and recommends optimized room prices and stay restrictions by combining each property's reservation and revenue data from PMS with external signals such as competitor rates, local events, weather, and guest reviews. myForecast generates demand forecasts and pricing recommendations for each room category and stay date. Recommendations cover both rates and length-of-stay restrictions, and a revenue manager can review them before they are applied or have them applied automatically. The product bases its forecasts on a combination of a property's own performance and external market conditions, which lets pricing respond to demand that is specific to each room type, segment, and date. How the integration works with Mews: myForecast connects to a property through the Mews Connector API. During configuration it reads the property's bookable services, resource (room) categories, rate plans, and business segments, and maps them to its own model. It then retrieves reservations and order-item revenue from Mews on a recurring schedule several times a day to keep its forecasts current. The integration is bidirectional, we already have CM certification.
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