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Average Ratings 0 Ratings
Description
An effective and sophisticated hotel revenue management system should consistently link your organization to the current market conditions and future trends with both accuracy and flexibility. By utilizing real-time data gathered from multiple sources, along with the capabilities of advanced machine learning, this system enhances the decision-making process. With these innovative tools at their disposal, hotel revenue managers can develop strategies that rely on precise revenue predictions, aligning with your business objectives and essential performance indicators. As the hotel industry continues to transform, you will be better prepared to identify and pursue success. Infor® EzRMS stands out as a robust hotel revenue management software that autonomously generates demand and revenue forecasts while suggesting optimal selling strategies. Its deep-learning algorithms adeptly identify trends, ensuring that business forecasts, pricing, and sales strategies are both optimal and precise to maximize revenue and profitability. This comprehensive approach ultimately positions your hotel to thrive in an ever-changing marketplace.
Description
Profit-Driven Pricing, Competitor Price Analysis, and Demand Prediction are all enhanced through AI and Machine Learning technologies. Our approach to Demand Planning is both intelligent and adaptive. We merge machine learning capabilities with human insights to create a comprehensive strategy. By factoring in local events, holidays, school schedules, community activities, social trends, and economic indicators, we refine our forecasts effectively. Our services encompass Demand Forecasting, Store Ordering, Purchase Orders, and tailored Recommendations. We also focus on optimizing Shelf Space Allocation. With ongoing monitoring and iterative improvements, our Intelligent Demand Planning and Pricing strategies lead to better price realization that boosts both Sales and Margins. By analyzing price elasticity across different products, locations, and days, we can strategically determine the appropriate level of mark-up or markdown. Implementing Differential Pricing Strategies helps us avoid competitive price slashing, while A/B testing validates the effectiveness of our recommendations. The cycle of continuous monitoring and refinement ensures that our Intelligent Demand Planning evolves to meet changing market needs. Additionally, we prioritize responsiveness to consumer behavior trends, ensuring our strategies remain relevant and effective.
API Access
Has API
API Access
Has API
Integrations
protel MICE
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Infor
Founded
2002
Country
United States
Website
www.infor.com/products/ezrms
Vendor Details
Company Name
NextOrbit
Founded
2014
Country
India
Website
www.nextorbit.com/en/
Product Features
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management
Product Features
Competitive Intelligence
Alerts/Notifications
Benchmarking
Competing Product Analysis
Keyword Tracking
Social Media Monitoring
Trend Analysis
Website Monitoring