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Description
Infor® Hospitality Price Optimizer (HPO) serves as a dynamic pricing solution for the hospitality sector, continually adjusting hotel room rates throughout the day while ensuring that the most accurate and competitive prices are shared across relevant distribution channels. This streamlined approach offers a user-friendly, mobile-accessible, and intelligent method for managing hotel pricing, making it both smart and efficient. As an always-available tool, Infor HPO empowers hoteliers to maintain optimal pricing representation at all times, every single day. It’s an excellent opportunity to explore how your hospitality business can leverage Infor HPO to excel in a rapidly changing market. With a quick and straightforward implementation process that takes mere days rather than months, you can begin to see immediate value. Additionally, it enables you to capitalize on competitive pricing strategies that take into account various factors such as star ratings, geographical regions, and market segments, while providing real-time visibility into hotel pricing trends. This innovative tool is set to transform how hotels approach pricing, ultimately leading to better revenue management.
Description
Comprehensive competitor price analysis encompasses dashboards, historical data, and insights into market trends. This system enables daily monitoring of competitor prices and stock status across various countries, languages, and currencies, ensuring a high level of data accuracy and extensive coverage. For retailers focusing on their traditional sales channels, a price and stock verification tool is available for physical competitor stores. A thorough examination of your competitors' product catalogs aids in identifying any missing product references and promptly alerts you when new items are introduced. Additionally, a continuous, rules-based module offers price recommendations based on current competitor pricing, enhancing strategic decision-making. Reactev™, developed by Minderest, is an advanced dynamic pricing solution that integrates Artificial Intelligence and business analytics for informed choices. This tool also facilitates the monitoring of recommended or minimum advertised retail prices, allowing for the swift detection and resolution of vendor non-compliance issues. Ultimately, these features empower retailers to stay competitive and responsive in the fast-paced market landscape.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
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/hospitality-price-optimizer
Vendor Details
Company Name
Minderest
Founded
2012
Country
Spain
Website
www.minderest.com
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning