Jens Munch is the CEO and founder of Pace, which was started in 2016 with a mission to make hospitality revenue management scientific, automated and real-time. Pace has raised £2.5m from Amadeus, Seedcamp, Interglobe Enterprise among others and manage in excess of €50 million in revenues. Prior to Pace Jens was Chief Strategy Officer at iZettle over a three-year period, during which iZettle raised more than $100 million and established itself as a global leader in payments and point-of-sale. Earlier in his career Jens led Strategic Partnership for Google. In this role Jens’ team launched Google Shopping across UK, Germany and France in partnership with Europe’s top retailers .
95% of properties in the global hospitality industry take their pricing decisions manually, leaving 10-20% of their revenues to a combination of experience and chance. Pace solves this by giving the industry access to a revenue management solution that emphasises science, real-time and automation. The solution requires no training or configuration and is accessed through an intuitive interface. Pace customers have grown their revenues by 5-10% and save themselves days of manual work every week.