Compare the Top Hotel Revenue Management Software using the curated list below to find the Best Hotel Revenue Management Software for your needs.
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SiteMinder
SiteMinder
$56 per month 184 RatingsSiteMinder's online hotel booking engine is highly-converting and allows you to increase bookings on your hotel website while reducing dependence on third-party sales channels. Get more direct online bookings without any commission. Make it easy for your guests to book. It's a simple 2-step process. Mobile-friendly, so guests can book from any device. Modern and sleek design allow you to visually present the hotel's offerings in the best possible way. Automated entry eliminates manual entry and guesswork. SiteMinder's platform helps you reach, attract and convert more visitors. SiteMinder's #1 ranking Booking Engine brings the demand right to your door. This is your chance to take control of your hotel bookings. -
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Innsoft
Innsoft
$899.00 16 RatingsInnsoft is a hotel management software provider that offers a simple, straightforward and value-oriented product. Our intuitive and fully customizable motel software & hotel software will streamline your hotel operations. Innsoft focuses on hotel management software for small and medium-sized properties up to 350 rooms. Innsoft's Check-Inn is a Windows-based, flexible and easy-to-use property management software that is trusted by thousands hotels across the country. Our U.S.-based support experts provide excellent service to our customers, making training and operations fast and easy. Connect-Inn Channel Manager allows you to manage 100+ travel sites from a single platform, while reservations are booked instantly into your hotel software. Include the Connect-Inn booking button to allow reservations to made directly from your hotel's website. -
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eZee Absolute, a hotel management system, automates all aspects of the hotel's operations, including check-in, check out, reservations, billing, housekeeping and many other areas. eZee Absolute allows hotels to enhance their guest experience and increase their revenue. eZee Absolute is the perfect solution for all types of accommodations, including small and large. Hotels, motels, guesthouses, B&Bs and serviced apartments.
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innRoad is an award-winning hotel management software trusted by thousands of independent hoteliers across the globe. innRoad helps hoteliers save time, increase occupancy, and boost revenue. Their all-in-one property management system includes a high-converting booking engine, channel management with 100's of Online Travel Agent connections, revenue reports, credit card processing, and reservation management. Hoteliers using innRoad have saved an average of $57 per month with innRoad payments and have seen a 20% increase in direct bookings from innRoad's booking engine and add-on features. 24/7 Live support, no hidden fees, new feature releases monthly, and unlimited training are among some of innRoad customers' favorite perks.
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RoomRaccoon
RoomRaccoon
$180 3 RatingsRoomRaccoon is an innovative all-in-one Hotel Management System trusted by thousands of independent properties across the globe. The powerful cloud-based system harnesses smart automation to streamline property operations, boost revenue and enhance the guest experience. With RoomRaccoon, hoteliers can access a property management system, channel manager, booking engine and payment platform – all in one place! Other features include housekeeping management, revenue management, upselling, online check-in, and more. It is also intuitive and simple to use and offers outstanding support, should you need it. Try it for free for 14 days. -
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roomMaster
InnQuest Software
1 Rating5.500+ properties use roomMaster by InnQuest Cloud or On-Prem in more than 100 countries. This includes independent, boutique, and resort hotels as well as chain and independent businesses. Our solution includes hotel PMS and EMV Credit Card Payment Processing. We also offer more than 125 reports plus advanced reporting, daily flash reporting and accounting exports. Booking Engine, Channel Manager and POS, Activity Scheduling and Revenue Management. CRM and 100+ hospitality APIs & Integrations. -
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Cloudbeds is an easy-to-use hotel management suite that offers hoteliers and hosts a centralized solution to help run their property simply and effectively. With Cloudbeds, you have one login, one system that is always in sync. Our suite includes a PMS, Booking Engine, Channel Manager and Marketplace with 300+ connections, Revenue Management Tool, and Payments. Trusted by thousands of hosts in over 155 countries, our solution helps our clients achieve more reservations and happier guests.
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Frontdesk Anywhere
Frontdesk Anywhere
1 RatingFrontdesk Anywhere, a next-generation hotel management software, is available for independent hotels, management teams, resorts, and motels. Frontdesk Anywhere is a cloud-based, easy-to-use solution that helps hotels improve their performance. Easy reservation management, online distribution and revenue management, reporting, online reputation, booking engines, online reputation management, credit card integration, and reporting are just some of the top features. You can customize guest profiles, availability calendars, checklists, online booking engine, guest messages and rates. Access your PMS from anywhere and at any time. Front desk operations, rate management and guest communications are just a few of the many functions that your PMS can do. Get productivity reports that will transform your daily operations. You can see arrivals and departures, guest lists, availability details, and much more at a glance. -
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Newbook
Newbook
FreeOur purpose is to enable you to discover greater freedom and take control over your operations using our property management software tailored for campgrounds, RV parks, hotels, and hospitality. Working alongside you, we aim to stimulate growth, enhance your day-to-day efficiency, and facilitate the creation of unforgettable guest experiences! Whether it's an overnight stay, a weekend retreat or a vacation, these occasions rely on businesses like yours, who are dedicated to enhancing every guest's experience. Behind your business, we ensure that you are equipped with everything required to make that happen. Our acclaimed property management system (PMS), empowers you to steer your entire enterprise from a unified and centralized platform. Speak to us about starting your business transformation today. -
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HotelConnect
HotelConnect
$75 per monthRidiculously easy and fast, just as you like it. Changing rooms with an easy drag & drop, create a new booking with a few clicks or check-in a guest under a minute. Managing your hotels was never this easy with our 100% cloud based PMS. HotelConnect was founded by a team of former hoteliers who believe the hospitality industry needs a technology revolution. From day one, the HotelConnect system was designed to be the most open, user friendly and complete system in the market. Our customers use HotelConnect to create more remarkable experiences and more profitable businesses. Have a question? We are here to help! We are not simply selling you a piece of technology, we are selling you a better way to manage your hotel and good support is part of it. -
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EVENTMACHINE
ZELFMADE GmbH
EUR 65.00/month Cloud solution for online event planning and automated quoting. For venues, hotels, and all other providers of events, seminars, and meetings. Providers of MICE events (hotels and venues, as well as other providers) 1. Save time 2. prevent errors 3. Maximize revenue All EVENTMACHINE plans come with a wide range of features, including automated function sheets & orders, MICE revenue management, and an eventmachine IQ instant quotation. All new clients are eligible for a free trial. -
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Pricepoint
Pricepoint
$184/month Our team has over 10 years of experience in revenue management and hospitality. Our goal is to increase your revenue. Pricepoint was created to help you achieve this goal. Pricepoint is a full-time tool that forecasts demand and finds your optimal rates using advanced data science and artificial intelligence techniques. Our mission is to provide the most advanced revenue-management solutions in the easiest form. We want RMS to be accessible to all types users. -
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Seekom
Seekom
USD $107/month Our Property Management System is cloud-based software that will help you run your business more efficiently. Our PMS has many features, including Dynamic Pricing, Housekeeping and Invoicing, Rate Management and Integrated Channel Manager. It also includes Website Booking Engine, Automated Revenue Management, and other useful features to help you grow your company. -
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Lybra RMS
Lybra
$100 per monthLybra Assistant RMS allows hotels to identify and capture revenue opportunities. It also automates time-consuming revenue management processes using machine learning technologies. Lybra, the developer of the Assistant Revenue Management System is an innovative machine-learning RMS for the global hotel industry. The Assistant Revenue Management System (RMS) helps hotels identify and capture revenue opportunities and automates revenue management processes. This will help boost bookings and revenue and aid hoteliers in their recovery. Our company name is derived from the Latin word for balance, which means that our RMS provides the perfect balance between machine learning and human intuition. -
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Innkey PMS
InnkeyPMS
$3 per monthIt is impossible to overstate the benefits of having one version of centrally hosted software. The hotel staff does not have to deal with multiple software versions, multiple platforms and all of the associated complexities. A single software system, one database that is shared by all operational departments of a hotel, allows for seamless information flow to achieve the common goal: customer service. A single reservation system across properties gives you a complete view of your reservations and allows you to supercharge your team's workflow. Interfaces are the critical technology backbone behind hotels and the workhorse. Artificial price intelligence is a way to go beyond traditional revenue management strategies that are rule-based and manual. Fully automated business intelligence dashboards can retrieve a wide variety of information metrics across the hotel's departments or across a portfolio. -
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Hop
Hop
£150.00/month Hop is an all-in one hotel Property Management System provider. Our cloud-based, responsive platform enables hoteliers to manage their properties, employees, and daily operations more efficiently, cost-effectively, and with greater efficiency. All your operations can be managed in one place using our COMMISSION-FREE Booking Engine, Channel Manager CRM, Events Manager, Revenue and Reporting features, as well as a range of contactless tools, including a hotel app and branded hotel app. For total peace of mind, our UK-based technical and customer service teams are available 24/7. Hop can help you achieve your goals, whether you're a B&B or guest house, independent hotel or group or chain anywhere in this world. Contact us to schedule a demo online, free of charge and without obligation. -
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Smartpricing
Smartpricing
$120 per monthSmartpricing allows users to automate the analysis and determination of the optimal hotel sale price. Smartpricing is a state of the art Revenue Management System that we proudly offer our customers, property owners, and collaborators. Rapid growth and early results confirmed that our algorithms work, just like the alchemies in the team. We are ready to use them to increase your hotel's turnover or holiday home's. Our goal is to assist small business owners in the tourism industry and hoteliers by allowing them to access innovative technologies that were previously only available to large multinational hotel chains. Smartpricing allows to keep track of the sales performance of your hotel. In just a few clicks, you can monitor the changes in your sales prices. You can also generate reports. The optimal rates are a complicated task that can impact the success of your property. -
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Climber RMS
Climber RMS
€3.50 per monthClimber makes Revenue Management (RM), accessible to hotels and small chains by connecting with customers and focusing on customer needs. We believe that all hotels should have intelligent Revenue Management Software to optimize their hotel's RM strategy. Our international team includes people from 9 different countries with a variety of data science, RM and hospitality experience. Climber was established in 2015, and our headquarters is located in Lisbon, Portugal. Our cloud-based solution is available from anywhere in the world and can be used by clients all over the globe, including Azerbaijan, the USA, Europe, and Azerbaijan. -
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YieldPlanet
YieldPlanet
YieldPlanet's channel manager is a fast and accurate distribution solution. It allows hoteliers to synchronize information between your property and hundreds OTAs, GDSes, and your own website. YieldPlanet is the industry's most flexible way to optimize the price of your rooms and offers. YieldPlanet's price optimizer is the solution to your hotel's dynamic pricing needs and revenue management. Price Optimizer increases RevPAR by implementing fully automated, AI-powered yield management. YieldPlanet provides powerful, yet simple solutions to address the challenges of revenue management and distribution. YieldPlanet solutions are used by more than 4000 clients in over 60 countries. -
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Aiosell
Aiosell
$5 per monthAiosell software is designed to increase hotel sales and occupancy. It is the only hotel software to integrate all hotel-related services into one system. This allows for greater efficiency and lower costs. Aiosell offers dynamic pricing 24X7 and a complete suite of products that enable hoteliers to drive more clients year-round, increasing their revenue and reputation. -
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Outperform RMS
Next Gen Opti
$199.00/month Why did we create OutPerform RMS? Brilliant revenue management is time-consuming and manual. This is because fragmented data from rate shoppers, PMS, channel managers, revenue optimizers, offline/online - this picture can be incomplete, disconnected, and not aggregated. OutPerform RMS was created to address this problem. The ideal way for hotels and resorts optimize their revenue. -
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happyhotel
happyhotel
€5 per room per monthOur intelligent machine-learning algorithms optimizely adjust your room rates. Your pricing strategy can be optimized based on current demand, occupancy, and events. Each night and each room type have a different market demand and price. happyhotel will calculate the optimal room price. Get price suggestions for your hotel that are based on occupancy, events and booking speed. happyhotel will calculate your demand and give you price recommendations for the hotel with the highest RevPAR. You can view all of your bookings with our Pickup Calendar. You can see exactly which period your guests have booked. The calendar is dynamic so you can adjust the fields to change the periods. A complete overview of all hotel data is essential for revenue management. happyhotel allows you to compare different metrics and gives you exact evaluations of pickups, ADR, RevPar and occupancy. -
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HQ revenue
HQ revenue
$59 per monthThe best revenue management teams within the hospitality industry use HQ Revenue to increase their property's turnover and save time on market monitoring, business analytics, and market monitoring. HQ revenue provides powerful and intuitive tools to professional revenue management. We provide the most current market information and business analytics to help you make confident pricing decisions. Our technology allows you to sell inventory at the right price and at the right time. Every hotel's winning revenue strategy is centered around HQ revenue. Our web-based rate shopping tool, which is available online, has helped over 2000 hotels increase their revenue since its inception in 2012. It provides them with the most accurate market data and competitive data. Our software was created by hoteliers for hoteliers. It helps both established and independent hotels around the world to realize their full potential in revenue. -
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Beonprice
BEONPRICE
Revenue management technology at a new level. Our clients come to our company because they need to increase their revenue but don't have the resources or knowledge. Maximize profits through technology that finds the best balance between hotel supply and consumer demand. Our integrated revenue management solution allows our customers to capture maximum market share using all available information. Optimize your strategy using an RMS that adapts according to your business's specificities and allows you to make informed decisions based on reliable data. We adjust to the client's revenue maturity to provide a tailored solution. Our service includes technical support in Spanish/English, technical training, and the accompaniment of revenue management specialists by account managers. -
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Atomize
Atomize
$499.00/month Atomize Revenue Management System for Hotels, which is based on the latest innovation of revenue optimization, transforms your data into revenues by delivering optimal prices in real time, 365 days in the future. Atomize RMS offers you the best opportunity to increase RevPAR while saving time. Atomize automatically sets the optimal prices for each room type at any given moment. More than 50 countries have used the properties with 50 to 1250 rooms. Atomize is a pioneer and a maverick in revenue management software. Atomize was the first RMS that solved real-time price optimization in 2019. This opens up huge opportunities for hotels to gain competitive advantage in their markets. Atomize RMS was ranked number 1 by hoteltechreport.com after only 2 years on the market -
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Lighthouse
Lighthouse
$99 per monthLighthouse is a technology platform that transforms data complexity into revenue growth. We give you the ability to uncover hidden insights, capture lost opportunities, and work smarter while moving faster. Use the most comprehensive and reliable real time intelligence in the industry to drive your hotel’s success with confidence. {Our easy to use, real-time dashboards empower you to turn data into decisions.|Our real-time dashboards are easy to use and empower you to transform data into decisions.} Global support is available 24/7 to ensure that your operations are running smoothly in every time zone. -
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RoomPriceGenie
RoomPriceGenie
$149 per user per monthRoomPriceGenie makes it easy to ensure your rooms are priced correctly every night. RoomPriceGenie was designed for independent hoteliers. It is easy to use, intuitive, transparent, and simple to understand. You can choose to let the platform manage your pricing or you can control your price yourself. RoomPriceGenie can help you save time and compare your rates to other competitors. It will also ensure that you don't lose any money. It's revenue you can count on in an uncertain world. -
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RMS Cloud
RMS Cloud
RMS provides scalable, cloud technology to over 6,500 properties in 45 countries. This technology helps them manage, operate, and grow their hospitality accommodation business. RMS is a market leader in innovation for more than 35 years. This insight has informed the continuous evolution of its robust, fully integrated platform. RMS offers a wide range of native features and a broader product offering that enables operators to increase their revenue, streamline operations, and engage and retain loyal clients. Our innovative approach drives our expansion into global markets. Our focus on continuous improvement and customer experience positions us as a key partner for properties of all sizes, as well as groups looking to optimise multinational enterprises. Our property management software is the fastest-growing in the world. Our dedicated global teams work hard to make our customers happy every day. -
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Dataria
Dataria
Dataria is a revenue management tool for hotels. We help you determine the best pricing strategy to drive increased revenue. This is done by intelligently using massive data, presented in a simple and useful way. Our tool offers the following services: price parity (parity-check), channel manager (channel manager), price optimizer (price optimizer), strategy validator, dashboard, and early alerts. We are always striving to improve and grow our RMS. Technology should be used to make life easier for companies, not as a problem in everyday life. -
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RevControl
CARE Internet Services
€5.25 per monthThe Dutch revenue management system, built by hospitality experts. Revenue Management Software for hotels and hostels. We are leading innovators in automated and data-driven Revenue Optimization. Don't trust us, trust our results. No revenue management without your BOB. We use a direct connection with your PMS so you can see and manage your data within RevControl. Easily compare your data with historical results and your budget. Get notified when there is an unexpected high pickup in the future so you never miss an opportunity to increase your rates. Compare your current performance with historical data in one quick and easy-to-read overview. RevControl makes it easy to compare your data with historical results and your budget. Rates are sent to your PMS or Channel Manager for onward distribution. Manually accept our rate recommendations, or switch to automatic or hybrid mode. Everything is possible, you are in control! -
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IDeaS G3 RMS
Integrated Decisions and Systems
IDeaS G3 Revenue Management System (G3 RMS) delivers scientific pricing and inventory control decisions at the room type and rate code level to drive optimal revenue performance across segments. Powered by SAS® High Performance Analytics, G3 RMS automates pricing, rate availability and overbooking decisions to maximize RevPAR and help you focus on what’s important: - Increase RevPAR - Optimize Business Mix - Enhance Productivity Welcome to the world’s most advanced revenue management system, powered by revenue science, advanced analytics and machine learning. Get ready to embrace the full benefits of automation, with accuracy you can count on and decisions you can take to the bank. This industry-leading solution is paired with a world-class client care model that will ensure your success. -
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Revseed
Revnomix Solutions
$300/month Revseed is a Strategy Management System that helps in hotel revenue management and data analytics. It is a leading company that offers hotel revenue management strategies that focus on volume, rate and market-linked availability with Artificial intelligence (AI) & Machine learning(ML) and Algorithms. -
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Stayflexi
Stayflexi
$40 per monthYour property can be managed like a self-driving vehicle auto property management system. Flexible bookings, hotel channel manager, hotel ecommerce, touchless pos and self-check-in/check out orchestra, mobile app, custom revenue management websites, and touchless pos are just some of the features offered by this system. It goes beyond property management. You can sell anything to your guest, not just a hotel room. Flexible bookings can bring you more revenue. Contactless services. Drive direct bookings. Automated operations can save 50% A wide range of products available for all properties. IoT-enabled tools for hotels and BnBs that allow flexibility in hotel bookings and enable hotels to drive direct bookings without commissions. Flex PMS. Automate and simplify all hotel operations in the way you want BnB Management. Management of group vacation rentals simplified. Channel Management. Automatically update inventory & prices across all major OTAs. Flex Booking Engine. -
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HotelKey
HotelKey
$3 per monthThe future of hospitality technology. It's simple. Secure. Mobile. Trusted by more than 2500 properties worldwide, this property management system is reliable. Salient features. Optimize operations and maximize revenue. A single stack solution can increase revenue and decrease spend. Agile implementation process. All products supported by one team. You can add and remove products from your device at any time. The most advanced frontdesk system. Digital registration and electronic folios are eco-friendly. Card payments ID and passport scanning integrated. Flexible upgrade and up-sell module. Next generation central reservation system. Integration with Booking.com and Expedia. Integrated with more than 250+ otas/gds via staah channel manager. Real time inventory. Flexible distribution. Revenue management. Comprehensive rate calendar that includes statistics, alerts, and budget comparison. Simple to use rate plan management. Restrictions and overbooking controls. -
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Ciaobooking
Ciaobooking
$3.99 per monthAll-in-one solution. Ciaobooking is the ultimate platform for any type or hospitality solution. It was created for Smart Managers who want to improve their business' performance and reduce time spent on repetitive tasks. Automation. 360o efficiency. Management of a hospitality business involves more than welcoming guests. It also requires a lot of organizational effort before and during their stay. Ciaobooking software was developed using the most recent technologies. It allows you to automate repetitive processes and administrative tasks, simplifying your daily routine. Automated messages. Team management. Management of electronic invoicing. Revenue management. Increase revenue without effort. The manager's first goal is to make the most of each unit. This includes determining the best price to achieve maximum occupancy. -
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ChartOk
ChartOk
€95 per monthHoteliers will find it easier to manage their staff and save money. ChartOk is a collaboration and operations software that makes it easy to manage tasks and communicate with staff. Our app improves productivity and collaboration among hospitality staff. Our app is the perfect solution to help you achieve your hotel goals. We make it easier for you to work smarter, reduce employee turnover, decrease emails, increase productivity, revenue, and create a strong company culture. We make it easy for hotel teams to centralize their knowledge and track daily operations in minutes. A Hotel Teamwork & Collaboration tool can help you scale your internal processes. The invisible hotel work can be hidden on the PCs of staff or in the heads of employees. Hoteliers can use chartOk to organize tasks, requests and create awareness across multiple teams. Multi-property Software designed to streamline internal collaboration across your hotel chain, or group of hotels across multiple departments and teams. -
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Hotelitix
Hotelitix
$6 per roomRevPar optimization is a real-time, automated rate optimization that will boost your RevPar performance and help you drive more revenue from every booking. In an ever-evolving information economy, information is currency. Hotelitix is able to identify revenue-generating opportunities in real time and forecast the price changes that your hotel should make, to maximize your performance in an age where more data is being collected than ever before. Autopilot can approve all price suggestions or you can manually accept, revise, or reject them. Because you know your hotel business better than anyone else, no one is better at understanding it than you. Once accepted prices are automatically pushed to your PMS or CRS. Hotelitix was created using artificial intelligence. It is based on regression analysis and probabilistic modeling. This allows you to forecast demand and make strategic pricing decisions. -
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ZEN eManager
ZEN Hospitality Solutions
$169 per monthAll-in-one package that includes channel manager, PMS and revenue management. Revenue optimization via dynamic pricing, online positioning, and promotions. Our pricing experts will provide transparency at all times. The hotel does not need to intervene. Get expert reports and recommendations. Regularly review performance and pricing strategies. Keep up-to-date with industry trends and pandemic information. Automated pricing available 365 days in advance Monitor the competition to make pricing decisions. Our easy-to-use parameters allow you to customize your pricing strategy. ZEN's channel management software allows you to be global. Our easy-to-use Hotel PMS allows you to manage multiple properties. Fully automated pricing software that allows you to focus on building your company. We'd love to meet you for a 30-minute demo so we can learn more about your company and show you how we can help grow your business. -
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ZEN Express
ZEN Hospitality Solutions
$75 per monthZEN Express automates your room pricing and maximizes your revenue. ZEN's pricing software predicts future demand and increases revenue. Automated pricing for 365 days saves you time. You are in control. Fully customizable preferences. It's super easy to use. Automated pricing available up to 365 days in advance. Monitor the competition to make pricing decisions. Our easy-to-use parameters allow you to customize your pricing strategy. You can increase your revenue by up to 30% while saving money. Advanced analytics dashboard for real time business review. The adaptive AI-pricing model optimizes prices according to market conditions and historical data. We'd love to meet with you for a 30-minute demo. We'll learn about your business, show you how we can help and save time while growing your business. ZEN Hospitality Solutions centralizes all your duties, from pricing to property management to channel management and more! -
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SpotPilot
SpotPilot
€199 per monthIt is crucial to know in real-time who is booking, at what rate, and on what date. Bookings can continue even if you are not there. Your decisions must be made continuously to increase sales. SpotPilot can communicate in real-time to your hotel's PMS. SpotPilot alerts you to any rising loads (montees-en-charges) and allows you to follow up on critical dates. It also shows the yield of your hotel in a glance. It allows you to see how you compare to your market, your competition and your historical data. This will help you make a decision. It is easy and quick to do the right yield analysis and make the right decision to increase your hotel's turnover. SpotPilot is your marketing platform and can be applied whenever you want. Prices can change depending on load increases, anticipation, or even demand. -
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hotelminder
hotelminder
HotelMinder is an integrated platform that allows medium-sized, independent, budget- and/or boutique hotels, lodges and guest houses to find the best management services, applications, and solutions to grow their online business. HotelMinder combines property management software with revenue management tools with integrated channels manager and website booking engine. This platform provides all the marketing tools and services that you need to reach more customers, get more direct bookings, and engage with them. -
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HOTELCUBE
Proxima Service
HOTELCUBE is a PMS that grows with you hotel. The hotel software manages all departments and offers 365 technical support per annum. The management software that meets your needs. HOTELCUBE is a flexible hotel management software that can be used for any type of property. You can use the modules individually by using the modular design of the solutions: independent hotel, hotel clusters, Motel or Residence, Villages and Resorts, Hostels, Boutique hotels. HOTELCUBE, a Microsoft Certified Partner is a reliable, intuitive, and fast software user interface. HOTELCUBE integrates with Microsoft Office and conforms to PCI DSS & GDPR. It is a modular and complete management software. It offers customizable solutions for all departments. HOTELCUBE can also be integrated with other software packages such as accounting systems, the most powerful booking engine, channel manager, revenue management, and building automation. -
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Revpar Guru
Revpar Guru
A forward-looking rate management tool and pricing analysis for hoteliers who want to maximize occupancy, ADR, and REVPAR. The automated channel management process is simplified and automated so you can concentrate on what really matters. RG Soutions tools can be set up quickly and integrate seamlessly with your hotel systems. Setup of standard RG RMS configurations usually takes around 4 weeks. Our Revenue Management tools are designed for Revenue Managers and General managers. They provide insight so that they can make strategic decisions, improve their overall performance, and keep it up. We know the demands of business professionals. Our tools are mobile-friendly and can be accessed online from any device. The latest Revenue Management tools are being developed by leading experts from the software, financial, and hotel industries. -
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InTouch Data
InTouch
REVEAL HOTEL DATA TO REVENUE Increase direct bookings and incremental revenue by having the ability to access, optimise and manage your hotel data. We are your single source solution for hotel data. DATA EXTRACTION InTouch Data's pmsXtract can securely access, extract, and clean data from a wide range of PMS. CUSTOMER RELATIONSHIP MAINTENANCE DataArc, our CRM application, is your complete-function solution for accessing, managing, and monetising guest data. EMAIL MARKETING DataArc.mail allows you to create powerful, data-driven communications for your guests. BUSINESS INTELLIGENCE HotelSnapShot consolidates both internal and external data, beyond the PMS, in order to help you identify factors that are affecting your hotel. -
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LodgIQ
LodgIQ
Global hotel revenue management in over 100 markets. OUR PRODUCTS LodgIQRM is revolutionizing the way hoteliers think about revenue management. Our technology uses proven data science and machine-learning principles to provide optimized pricing recommendations in real-time. The result? More accurate forecasting, smarter pricing of rooms, and a measurable ROI. LodgIQRM is revolutionizing the way hoteliers think about revenue management. Our technology uses proven data science and machine-learning principles to provide optimized pricing recommendations in real-time. The result? More accurate forecasting, smarter pricing of rooms, and a measurable ROI. RM Droid, an automated bot for revenue management, will run continuously in the background. It makes data-driven decisions using sophisticated ML algorithms. -
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PickupTracking
Fairmas
Provides a quick overview of all relevant hotel key figures of the current booking situation, the changes of today and rolling for the next 3 years. With just one click, important hotel KPIs including occupancy, ADR, RevPAR, and accompanying graphs, are all available at a glance. It is a time and cost-effective alternative to complex spreadsheet solutions. You can quickly spot deviations from the budget & forecast & validate current planning vs the pickup pace of the past. PickupTracking integrates easily with a large number of interfaces available from various PMS and RateShoppers. We are always happy to add more integrations. -
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FairPlanner
Fairmas
FairPlanner is a 360° Hospitality Financial Planning & Analysis Software. It is designed for efficient revenue & profitability planning for all departments based on hotel-specific P&L charts of accounts. It is your go-to hotel budget and forecast planning software. With interfaces to all major data integration systems (PMS, ERP, etc.), it is an intuitive planning & controlling solution with a dashboard of relevant KPIs; 360° insights at a glance. -
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xcelerates
xcelerates
xcelerates, the next-generation hotel revenue management system, is extremely intelligent and simple to use. It helps you sell your rooms at the best price every day of year, automates your daily tasks, including channel distribution, and provides all information necessary for your strategic analysis, which in turn increases your bottom line. It is flexible and adaptable. The core of xcelerates consists of an innovative state of the art algorithm that is based on reinforcement learning mathematic theory. Although it has been used successfully for many problems, it is unique in the Hospitality Industry. Its central algorithm focuses on maximising the final yield by taking into account all revenue-generating units. We will refund your money if you are not satisfied. Automate xcelerates to ensure you never miss the chance to maximize your revenue potential. -
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Hotellistat
Hotellistat
€99 per monthHotellistat offers an All-In.One. RMB (Revenue Market & Business Intelligence), a solution that addresses all your revenue management, business intelligence and reputation management needs. There is no need to switch between systems. Hotellistat gives you a single system that covers all aspects of digital market positioning, revenue management, and market analysis. Our innovative RMB (Revenue Market & Business Intelligence system) allows you to save time and money. Our goal is to create a single integrated system that can manage all aspects of hotel management and analytics. We have created an all-in-one system that allows us to manage each aspect of our system and makes it as easy as possible. Our central solution will allow you to get rid of all your scattered management systems. Innovative revenue management directly from the rate-shopper makes it possible to stay one step ahead. This saves time and extra work in the PMS. -
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Rate Wise
Rate Wise
Rate Wise, a global revenue management company, offers cloud-based software solutions as well as yield management consultancy to serviced apartments and hotels around the world. Our team has extensive experience with all types accommodation, including hostels, campus accommodation, and large five-star resorts. We work with both independent and branded properties. Hoteliers have trusted our RMS solutions for more than 10 years. It integrates your revenue strategy, competitor data, and your PMS data. Your rate strategy can be sent back to your channel manager, PMS, or depending on the set up. Automating your revenue system saves time, reduces errors, and makes it easier to work efficiently. This gives your team more time to focus on strategy and high-level overviews, rather than data input and reading multiple reports. -
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RateBoard
RateBoard
Flexible pricing can increase your revenue. Based on the most relevant data, the intelligent algorithm generates daily profitable price suggestions. Our intelligent warning system will save you a lot of time. Our software provides clarity to large amounts of data and eliminates the need to look through endless spreadsheets. The following data is considered in our stable price algorithm: historical and current booking situation, competitors market demand, weather, guest reviews and events, weather, weather, market demand, weather and guest reviews. Automation of the workflow and integration of existing systems will help you save time and prevent errors in data maintenance. A proper pricing strategy is essential for any hotel or resort. Let's talk about the basics of revenue management for the hotel industry. We will show you how to apply pricing and length of stay tools, and how to measure and improve your revenue performance. -
52
PMI
d2o
Imagine being able to predict next week's occupancy, restaurant reservations, and ancillary sales. You would take advantage of it and prepare, right? You say it's impossible. PMI allows you to do exactly that. Live forecasts allow department heads to quickly respond to changes in demand. They can also help to measure productivity, optimize operations, and keep other decision makers informed. We believe communication is key to d2o's success. PMI makes it easy for people to communicate and collaborate across departments and levels of management. -
53
FLYR
FLYR
Connected intelligence. Optimized pricing. Modern retailing. Unrestricted fulfillment. Welcome to the 21st century travel and transportation technology. Finally, a platform that is built for purpose and attainable to enable travel and transportation leaders make confident commercial decisions, and exceed modern ecommerce expectations. We combine AI with legacy-free solutions and practical AI to give travel and transportation companies the competitive edge they need. FLYR’s platform helps travel companies and transportation companies to preserve and extend revenue lines and adapt quickly in increasingly dynamic environments. -
54
Avvio
Avvio
Avvio is a leader in innovative solutions for hotels, accommodation providers and other businesses. We created the first AI booking engine in the world to meet the ever-changing needs of properties in Europe and North America. This engine also delivers outstanding revenue growth. Allora, our AI booking engine, is the result of years of innovation. Allora uses artificial intelligence to continuously optimize the platform's performance for all hotels and accommodation providers. Allora is the first AI-powered booking engine in the world. It is smarter, more adaptable, and more intelligent than any other direct-booking engine. Allora facilitates better online interactions between guests and hotels. It focuses primarily upon driving direct bookings and guest loyalty via a dynamic user interface. -
55
D-EDGE
D-EDGE
D-EDGE, a SaaS company, offers cutting-edge cloud-based eCommerce solutions for more than 12,000 hotels across over 100 countries. D-EDGE combines technical excellence and digital marketing expertise to create a comprehensive hospitality technology infrastructure. The integrated solution covers all stages of hotel distribution, including guest management, central reservation system, guest data intelligence, connectivity hub and digital media. Our technology is easy to use so that you can concentrate on your business. Our R&D approach is centered on user experience. All of our solutions can be interconnected with your existing ecosystem. Our online distribution solutions provide a complete solution. Because our solutions are central to your business, we monitor their availability every day. -
56
ODISSIA
Odissia Systems
Odissia Systems Inc. was founded in 2008 by two friends who were both experienced in the hotel industry and computer technologies. The Online Travel Agency project was canceled due to strong competition. However, they have since developed the hotel management software 'Odissia. The development of hotel software brought new challenges and innovative ideas. This led to the development and planning of restaurant and hotel management software as well as the necessary services for the hotel industry. Chicago, USA is the headquarters of Odissia Systems Inc. Odissia Systems Inc, an international company, is now used in more than 30 countries. Its products are found in over 1500 guesthouses, apartments and boutiques as well as in over 1500 hotels. The company offers the latest software and services to hotels, as well as consultations and technical support. -
57
Infor EzRMS
Infor
A sophisticated and intelligent hotel revenue management system should connect your company to the market and help you navigate it with precision and agility. Decision-making is aided by up-to-the minute data from multiple sources, powered by dynamic machine-learning. These tools will empower your hotel revenue managers to create strategies based upon accurate revenue forecasting to support business goals, challenges, and key KPIs. As the hotel industry changes, you'll be better equipped for assessing what success looks like. Infor®, EzRMS is a powerful software solution for hotel revenue management. It automatically calculates demand forecasts and revenue forecasts, and recommends the best selling strategies. Deep-learning algorithms recognize patterns dynamically to ensure accurate business forecasts, pricing and selling strategies that maximize profit and yield. -
58
AxisRooms
AxisRooms
A complete suite of products for hospitality industry. AxisRooms offers a complete suite of products for the hospitality industry, whether you are a small hotel or a large tour operator. You can unleash the potential of your business with the whole product suite for Independent Hotels and Hotel Chains, Vacation Rentals, and Vacation Rentals. You can manage prices, inventory and bookings across all channels online in real-time. Direct bookings can be made through your hotel's website. All your vacation rental property needs can be managed from one platform. All your hotel operations and reservations can be managed from one platform. Pricing intelligently will increase your revenue. Gain an edge over your competitors. Our platform has evolved over many years. We have worked with both large and small hotel chains. Over 6500+ hotels make bookings for 250k+ rooms per month at over 178 locations around the globe. This totals more than $8 Million in transactions each month. -
59
Duetto
Duetto
Duetto RMS Platform is powered by Open Pricing, flexible automating, and demand-based forecasting. It empowers revenue teams with the ability to deploy and scale profitable strategies, while also driving incremental customer value through real time data integrations and alignment between all departments. Duetto will help you spend your time where it matters most. Duetto is a modern revenue strategy that was created by seasoned hospitality professionals. GameChanger is the most flexible room pricing tool on the market. It allows you to adjust segmentation or create custom pricing logic, all without losing any data. ScoreBoard integrates more data sources than any other RMS and brings together all the information needed to forecast at the property, stay date, and property levels. BlockBuster is Duetto’s solution to achieve the best balance between group and transient businesses by empowering collaborative, informed decision-making across sales and revenue teams. -
60
Jonas Chorum
Jonas Chorum
Jonas Chorum is a suite that provides hoteliers with a range of property management software solutions that are intuitive, flexible, and streamlined. Cloud property management software that streamlines operations and improves revenues. It can be used on any mobile device. You can provide innovative guest services, increase your revenue, save time, and centrally manage availability, rates, and reservations for all your hotel portfolios. Industry-leading data-sync technology allows users to continue using the system at all times, even when there is an internet outage. -
61
Slope
Slope.it
All-in-one property management software for Hotels All in one platform for booking engine, channel manager, revenue tool, and marketing Slope is a cloud management software that can be used to manage all aspects of hotels. Slope is a hotel management software that includes a variety of functions such as PMS, booking engine and channel manager, CRM, sending quotations, marketing tools and electronic invoicing. Slope, a cloud management software, allows you to manage your hotel from any device or position. All the functions you need for managing your accommodation facility are contained in one management software. Slope, the hotel management software, allows you to automate many operations, allowing staff to spend more time with customers. -
62
Cendyn Guestrev
Cendyn
Achieve total revenue optimization with Guestrev, a solution built to supercharge profit for every segment of your business, using rules-based automation with the right level of control revenue managers crave. Evaluate and understand your property’s mix of revenue and profit centers holistically and more strategically with up to nine categories of ancillary revenue, custom to your hotel. Guestrev offers open pricing recommendations by room type and market segment. Price each room type independently of overall demand based on a multitude of factors. Guestrev employs the most accurate valuation of your guest’s true revenue potential at the segment level. Understand your guest’s willingness to buy, distribution cost, and total profitability while on-property. Forecast accurately, price with certainty, and make quick, agile decisions. Synchronize your PMS data with Guestrev in real time so you can look at the most accurate picture of your data. -
63
rainmaker
Cendyn
A revenue management solution that optimizes profit for each segment of your business and transient businesses. Benefit from science and not just a rules-based revenue strategy. Rainmaker uses advanced statistical methods to quickly adapt to changes and ensure a stable outcome. Accounting for guest activity on your property, as well as ancillary spending, can increase revenues by 7-10%. Based on science and not a set of rules. It is a revenue- and profit-optimizing solution. Unexpected events and abnormal demand patterns can be detected that human analysis often misses. Data-driven micro-segmentation to analyze demand across your hotel's unique business model. Forecasting models are based on the relative weightings of the many factors that influence demand. You can go beyond a rules-based revenue strategy to benefit from a science-based model that helps you understand your business from all angles. -
64
MasterYield
MasterYield
The PMS includes revenue management functions. Smart pricing tools will make it easier to optimize your rates. MasterYield's Check In Express now offers new features like document scanning, displaying personalized papers, and capturing digital signatures. It features an innovative, easy-to-use design that will simplify the check-in process for your guests and save them time. MasterYield's document scanner quickly captures guest's DNI and Passport data, and stores them in the customer's PMS file. It can scan all documents of the companions. It is possible to do all of this from your mobile phone without having to download an application. Check In Express now allows you to personalize documents like privacy policies, internal regulations and health security protocols. in different languages. -
65
N2Pricing
Revenue Analytics
You get supercharged analytics and simplicity that you will love -- all at a much lower price. Because multi-property revenue managers deserve modern tech. Today's tech is not able to support cluster RMs or central RM teams. You can manage more properties with less effort. You will have an intuitive interface and easy training that allows you to implement the system quickly. We don't force you to use pre-made reports. Our rich data extract effortlessly powers any BI/visualization software. All the major revenue opportunities across all properties are in one prioritized list. This is the only RMS that automatically updates your entire transient rate structure, cutting down on keystrokes. Software automatically detects any anomalies and special events to save time and increase revenue. -
66
XLR8 RMS
XLR8 RMS
Your ability to respond is key to rapid recovery when everything changes and the Hospitality Industry changes with it. XLR8 is a company that specializes on revenue management and has proven success in increasing hotel income. Focus on strategy and let us handle the micro-analysis. A 9% average increase in profits in the first year. Automate profits management processes by 80% XLR8 is the only strategy assistant for the hotel industry that is entirely based on Artificial Intelligence technology. Interactive solutions allow us to achieve remarkable results in terms of both profits and time savings. It is important to be able to anticipate changes in demand and adjust strategy accordingly. Integration with PMS and rate shopper systems, so that all distribution channels receive yield management measures. -
67
Above Property
Above Property Services
Above Property®, is now Above Property Services™. We are a cloud-based company that specializes in hospitality and travel technologies. Our company was founded in 2013 to set a new standard for speed and flexibility for hospitality CRS (Central Reservation System), revenue and property management solutions. Our foundations in hospitality and travel software date back to 1992, the Executive Technologies Gold One Central reservation and call center software. Many of the company founders and key employees have worked together for decades. The systems they created are still in use around the globe. Our technology philosophy emphasizes the use of the latest technology and software development tools to ensure the best products. Above Property has created a multi-datacenter solution to manage a single image inventory around the globe at sub-second speeds. -
68
MaximRMS
Maxim
MaximRMS has served over 3,000 clients worldwide over the past 25 years. They provide proven predictive analytics and machine-learning technology that can increase revenues by 6-15%. MaximRMS can help you upgrade your RMS technology or tailor your own RMS to meet your needs. MaximRMS also has the practical and technical experience to guide you in your revenue management journey. Executive managers and general managers can get a high-level overview of operating performance, competitive results, and other information. Total transparency, control, and advanced analytical functions at a high level for revenue analysts and revenue managers. Local management teams have quick access to key performance details. Long-term performance, scanning, planning tools, and flexible roll-up for corporate executives. -
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Revenue Control Data
Revenue Control Data
Revenue Control Data automatically gathers all data from your hotel, your competition, and the environment. It then displays it in one dashboard that allows you to execute your strategic decisions in real-time and without having to change the screen. Spend more time thinking and make better decisions. Our automatic off-road charging saves you more than 60 hours per month on data charging You will also find your own unique data, which is impossible to obtain with PowerBI. RevCtrlData allows you to see everything, from the general view to the smallest detail. You can view all data in one panel so you have a complete global vision. Detail at any point of the matrix in one click. Even the smallest details can be found in the downloadable automated reports. A live platform that is constantly updated, customizable, and evolving at the speed of the market and our clients' needs. Our technology also has an advantage: we can customize the platform to your specifications. -
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HotelPartner Yield Management
HotelPartner
HotelPartner's unique revenue synergy strategy offers you a unique combination of technology, know-how and top-class professionals that will help you increase your hotel turnover in any market and ensure your hotel's long-term sustainability. The market conditions in the hotel industry are becoming more challenging every day. To sell hotel rooms at the highest possible price, in the face of increasing competition, you need new strategies and approaches to maximize hotel revenue management. Only the combination of high-quality technology, highly qualified employees, and decades of experience will ensure that you are at the top of the rankings. Your hotel will need a custom-made, future-focused revenue strategy. This will ensure you can manage all aspects of your revenue management and optimize your performance in any market. -
71
Wavycat
Wavyssa
Our platform is a departure from traditional revenue software that is complex and cumbersome. It offers simplicity and adaptability, which allows users to work dynamically. Are you fed up with being offered black box software that suggests prices that do not fit your strategy? Our algorithm is transparent, adaptable, and you can make quick and accurate decisions based on targets. Do you remember spending hours on the computer, setting up quotas, subtracting and adding to avoid overbooking? We offer a platform that allows you to access a variety of data and create customized reports in a quick and visual way. Our allotment rules are the answer. -
72
Right Revenue
Right Revenue
Right Revenue is a revenue management solution that is flexible, user-friendly and most importantly accurate. It helps you make the right pricing decisions, always keeping profitability in mind. Our advanced AI makes great recommendations about your rate strategy for today, tomorrow, and the next two years. Forecasting is not easy. This is especially true in these difficult times, when customer buying habits are constantly changing. Our AI-based forecasting technology removes the pain. Right Revenue gives you a data-driven, up-to-date forecast that is always available. This allows your team to spend more time creating and analysing than creating. Revenue managers spend hours each day collating data into spreadsheets that are then out of date. Right Revenue provides bespoke reporting that includes live data and all KPI's for your business. -
73
Hotellab
Hotellab
Your hotel's revenue management system, dynamic pricing and load forecasting, demand analysis and prices of competitors can all be used to increase your hotel's income. Segmentation of bookings, analysis of sales rates and segmentation can also be used to increase your hotel's profits. We offer unique solutions in the areas of revenue management, marketing, and cost optimization. Our solutions can help increase profits in the first steps, for both large hotel chains and small boutiques. Integration with your PMS/channel manager allows for instant updating of open source prices. You can set prices automatically. You can quickly estimate the growth rate of bookings, revenue, and bookings for any date, segment or booking source. Keep an eye on your competitors and the availability of hotels in the market. Analyze room availability and price behavior. This knowledge can be used to your advantage. You can use this information to analyze the prices of your competitors, demand, booking depth, sales statistics, as well as many other important metrics. -
74
Wave RMS
SHR
Wave combines the best of AI and a human touch. It allows revenue managers to get out of the 'black box' that is usually imposed upon them by other revenue management systems. They can now enjoy a level of control and ease not found in many of today's RMSs. Wave's unique strategy builder tool allows revenue managers to adjust AI models to suit their hotel's strategy. It also provides transparency in pricing recommendations so that you can get back on your feet and run your hotel. Hoteliers who don't use an RMS and who require a revenue management strategy. Hotels that require a more intelligent RMS workspace to deploy revenue strategies. Any hotel of any size that lacks the resources and ability to analyze and implement their data effectively. Automated forecasting using non-linear calculation for price elasticity. -
75
MyForecast
MyForecast
The only way to achieve unprecedented revenue management. Absolute precision is required for a revenue analysis that will determine the fate of your company. Smart automations and customized screenshots. Compare data year to year, upto three. Spend less time on revenue activities that can be automated. Our price helper will be a hit. Immediately activate strategies across all channels, +50 integrated PMS/CM, national or international. Compare performance and budgets to identify new revenue margins. It takes just a few clicks. Absolute accuracy. No errors in Excel formulas or data collection. To seize market opportunities quickly, analyze and build all possible scenarios. Forecast gives you the data you need in order to understand where you are heading and make targeted decisions. Price Helper manages the revenue. The MyForecast algorithm checks the dates and times you choose daily and adjusts the revenue automatically or requests your consent. -
76
Kriya RevGEN
Kriya RevGEN
Spider 2.0 provides unparalleled hotel portfolio reporting capabilities, allowing your team to concentrate on strategy. Our revenue management platform automates data collection and streamlines reporting. It also increases productivity and boosts hotel revenues regardless of brand or system. Our Spider 2.0 client success team includes the same revenue managers who provide support for our revenue management services. This allows us to truly understand your pain points, and can relate to your requirements. Our goal is to help you understand Spider Analytics and provide additional support to your team. It integrates reservation-level information across all brands and revenue systems. You can enhance and preserve your existing tech stack, while unlocking powerful analytics. Our revenue management platform is compatible with all internationally recognized brands as well as independent hotel systems. -
77
sysotel.ai
sysotel.ai
$10sysotel.ai is a compact automation platform that focuses on revenue management and yield management. This platform is based upon reliable and relevant raw data and is designed to facilitate the hospitality industry. The technology helps to determine the market's raw data to channel the best solutions to the right customers. The platform provides assistance in analyzing the collected raw data and provides expertise based AI's solution and logic to cater to your business’ revenue. Our patronage is primarily focused on small-to-medium scale hospitality independent ventures and groups. We offer comprehensive, perceptive and affordable solutions that are profitable and affordable. -
78
Planet PMS
Planet
Your hotel's guest experience should be elevated to the next level. Drag and drop calendar to manage your bookings. One-click guest check in/check out. Easily add notes and preferences to your bookings using the integrated voice-to text function. Simple payments. Multiple payment options and currencies. All you need to do is click and get rate updates and reservations. No more overbookings. No surprises. To speed up your operations, check-in and checkout buttons are available for quick access. Switching between tabs is no longer an option. All the relevant information in one place. All details are captured by a check-in wizard. Zero complications. It is easy to change the recipient of an invoice, split invoices, and post charges with a single click. Easy room plan management. Group reservations are no longer a problem. More than 60 reports available and many different ways to analyze data. We can adapt to your requirements. Future calculations, revenue reports, group discounts, top bookings, top guests, rooms, arrivals and departures, capacity. -
79
DIAMO
DIAMO
DIAMO is the all-in one revenue maximizing platform. Optimize each stage of your guest's booking journey to increase revenue by 35%. DIAMO will help you unlock a revenue strategy that works without requiring a lot of time. We increase revenue by +35% through intelligent automated pricing, and digital marketing at the highest level. Direct bookings reduce your commissions by 70% and optimize your distribution mix. Help from expert revenue managers will help you to set up your strategy for success. You can always get expert advice when navigating the complex revenue landscape. We will simplify your tech stack as a revenue management platform. Keep all your marketing, distribution and pricing in one place. -
80
Reznext
RezNext Global Solutions
We offer a variety of marketing management solutions and customized designs that can be tailored to each client's needs. Reznext will work with you to maximize your hotel's revenues and reduce operating costs. Reznext is a cost-effective hotel management software suite that offers streamlined management and a modern cloud host. This makes Reznext the ideal choice for all Hotels, B&Bs, and Inns. Connect your property to top OTA's to increase your revenue and to showcase your property online. You can also grow your bookings by using our real-time channel manager for hotels. This booking engine is designed to impress your guests. It offers promo codes and rate plans that will increase online direct bookings. The central reservation system assists hotel chains in acquiring direct reservations, improving guest experience, and streamlining operations. -
81
Counter
counter.app
Think about the tools that you need to make your hostel run smoothly. Made by hostel owners like you. There are probably 15 tabs open at the moment - one to manage your bed, one for reviews and one for rates. A chalkboard for experiences is also available. The newest technology allows us to combine all these tabs into a single, easy-to-use workspace. This makes it easier to budget. We have moved on from clunky design, non-intuitive software and hidden drop downs. We made it our mission simplify everything and created an app that anyone could use. Your revenue will go beyond the beds. All from one place: Create and sell experiences, collaborate, manage your F&B company, and more -
82
Hotel Scienz
Xotels
Hotel Scienz is a cost-effective demand-based revenue management system for hotels. This comprehensive revenue management system is based on the best practices in the hotel industry. The solution offers a proven method to hotel revenue management using advanced algorithms that highlight demand trends to support your daily rate decisions as well as your revenue management strategy. We have developed a simple hotel revenue management software that is easy to use for the hospitality and revenue management industries. Our combined revenue management and distribution experience spans decades. Our yield solution is used by many accommodation types, including trendy hostels, high-end vacation resorts, campings, and city boutique hotels. The Revenue management dashboard view gives all stakeholders in lodging property a clear overview on the current and future trends. On The Books performance can be compared to budget, last years final results and the same date last year. -
83
Passepartout Welcome
Passepartout
The heart of an accommodation facility is the welcome area. This is the place from which all activities can be carried out and monitored. All front office operations, including the check-in and quotation, can be done in an easy and intuitive manner using an intuitive interface. The software allows you to manage all the hardware and building automation systems within the hotel from one central point. This makes it easy and fast to manage back office activities. The software can also display availability and tape charts for multiple properties on a single screen. This allows you to enter or modify reservations for all of the configured businesses. The entire reservation process, from the information request to the check out, can be done quickly and intuitively. Numerous automated processes simplify front office activities and reduce error risk. -
84
Life House
Life House
All-in-one hotel management, branding and software solution. Software, branding, and hotel management software that has won awards. Independent hotels are easier to manage and more profitable. It can be difficult to own and operate a hotel. We are here to make your life easier with innovative technology and sophisticated management services. We have made significant investments to become the best operator of independent hotels. Our software and operating systems make it easier to manage hotels and provide more reliable financial performance. We have developed powerful software that makes hotels profitable and easy to run. It powers advanced revenue management, automates back office functions, and allows hotel staff to concentrate on the guest experience. We have built award-winning lifestyle brands that can respond to any real property and drive the highest ROI.
Overview of Hotel Revenue Management Software
Hotel revenue management software is an essential tool for any hotel business. It helps maximize profitability by using algorithms to forecast demand, monitor competitive pricing and adjust rates according to market conditions. Revenue Management systems provide real-time access to data including occupancy rates, room rates and competitor pricing so that hotels can make more informed decisions about how best to price rooms.
The systems also allow hoteliers to track performance metrics such as average daily rate (ADR), RevPAR (revenue per available room) and occupancy levels in order to measure the success of their strategies. By leveraging historical data, these tools enable hoteliers to compare past performance against the current market environment so they can better anticipate future changes in demand and adjust their pricing accordingly.
Revenue Management systems also provide analytics on upsell opportunities in order to help hoteliers identify ways they can increase profits through additional services or amenities. They also enable hotels to segment their market segments (such as corporate travelers vs leisure travelers) so that they can adjust prices accordingly based on the needs of each specific customer.
Finally, most Hotel Revenue Management Software applications integrate with other travel industry platforms such as Booking Engines or Channel Managers which makes it easier for hotels to manage multiple booking channels from one platform. This integration allows hotels to quickly adjust rates across all channels in order ensure maximum profitability while still providing an excellent guest experience.
Reasons To Use Hotel Revenue Management Software
- Improve Operational Efficiency: Hotel revenue management software automates tedious and time-consuming tasks such as rate management, reporting and forecasting. This allows hotel staff to focus their time on more pressing tasks that will add value to the business.
- Unlock Valuable Insights: Revenues can represent a variety of insights into how a hotel is performing and what areas need improvement. Hotel revenue management software provides detailed analytical data to track past results, identify potential problems, produce forecasts and more – all in one easy-to-use platform.
- Optimize Prices: The right pricing strategy can make or break a hotel’s success over time; however, manual labor cannot accurately keep up with changes in demand or customer sentiment that affect prices on an ongoing basis. By utilizing hotel revenue management software, businesses have the ability to stay ahead of the competition by tracking real-time market trends and adjusting prices accordingly for maximum profitability.
- Building Brand Loyalty: Revenue management software also helps hotels optimize marketing campaigns with targeted offers tailored specifically to long-term customers based on their purchase history and preferences– leading to improved customer loyalty and satisfaction in the long run..
- Streamlined Communication With Guests: Automated communication features within this type of software lets hotels reach out quickly with prewritten messages when needed—for example when rates change—while still being able to customize wording for personalization purposes.
Why Is Hotel Revenue Management Software Important?
Hotel revenue management software is an important tool for running a successful and profitable hotel business. The software helps hotels to effectively price and manage their inventory, maximize revenues, and streamline operations. It is essential that hotel owners and managers have access to reliable analytical data so they can identify the most effective pricing strategies, track guest reservations and preferences, create promotional campaigns, monitor the performance of their properties, and better understand consumer behavior.
Hotel revenue management software allows hotel staff to gain real-time access to key metrics such as occupancy rates, average daily rate (ADR), RevPAR (revenue per available room) statistics and more. This offers invaluable insight into a property’s performance in terms of both cost control and profitability which can help a hotel adjust strategic decisions as needed to keep sales numbers up. By proactively monitoring these variables on an ongoing basis through this type of system, operators are far better positioned to be able to capitalize on short-term or seasonal opportunities in order to maximize profits by charging optimal prices for their rooms that will attract more guests at higher rates than competitors offer for similar offerings.
The software also enables managers and staff alike with powerful tools for analyzing customer feedback data which provides invaluable insights into what customers want out of their stay experience in order to improve services offered while helping increase future bookings by customizing promotions to best meet customer expectations. Additionally, it makes it easier for hotels to create automated discounts or promotional code packages that may include amenities such as free airport shuttles or late checkout privileges based upon length-of-stay thus allowing them the flexibility necessary in adapting quickly when market conditions change suddenly due to surprises like convention cancellations or inclement weather events.
In conclusion, having access to accurate analytics such as those supplied via modern revenue management systems gives operators the advantage necessary today within a highly competitive hospitality market making its use critical for any hospitality business wishing ensure long-term success within this dynamic industry segment.
What Features Does Hotel Revenue Management Software Provide?
- Rate Optimization: Hotel revenue management software can help optimize room rates to maximize potential revenues. This feature allows hotels to determine the right mix of rate levels, as well as dynamic pricing and rate adjustments during peak demand periods that account for market conditions, customer segmentation, seasonality, and other factors.
- Inventory Management: This feature helps hotels better manage their room inventory by providing tools such as availability forecasts, booking trends analyses and competitive price comparison reports. Hotels are also able to optimize their inventory allocations across different channels in order to maximize occupancy rates throughout the year.
- Reporting & Analysis: Revenue management software provides powerful reporting capabilities that allow hoteliers to quickly analyze sales performance measures such as RevPAR (revenue per available room) or yield indices (the ratio of actual revenue over projected revenue). The software also helps assess customer sentiment data so that strategies can be adjusted accordingly.
- Distribution Channel Management: It helps hoteliers effectively distribute their rooms across various online travel agencies (OTAs) and/or metasearch sites with flexible markup rules tailored to individual channel partnerships or business models while helping them remain competitive in terms global distribution networks through dynamic pricing policies that respond quickly when needed most.
- Automation of Business Rules: Revenue management systems are built with powerful rules-based engines which automate the task of setting prices based on expected consumer demand patterns or pre-defined prices; this enables hotels to easily adjust prices quickly within their given authorized rate range dynamically based on constantly changing market conditions without any manual intervention required from staff members for quick decision-making process's at scale.
Who Can Benefit From Hotel Revenue Management Software?
- Owners & Management: Revenue management software allows hotel owners and managers to track revenue more accurately and make more informed decisions about pricing, occupancy, and budgeting. It can also help them forecast demand better and make smarter investments.
- Front Desk Staff: Front desk staff can benefit from hotel revenue management software by quickly accessing data about past bookings, room availability, competing rates, and other information which helps them provide a higher level of customer service.
- Marketers: Hotel revenue management software can help hotel marketers create effective campaigns using demographic data collected by the platform to target particular audiences with different rates. Additionally, it can be used to monitor the effectiveness of marketing efforts in real time.
- Accounting Teams: Hotel accounting teams can use revenue management software to get insight into financial performance in order to better plan for future expenditures. The software also makes it easier for accounts payable departments to process payments quickly and efficiently.
- Data Scientists & Analysts: Data analysts who work in the hospitality industry have an advantage when they are able to access comprehensive hotel revenue data through a centralized repository such as a revenue management platform. This allows them to uncover valuable insights that would not be available elsewhere.
How Much Does Hotel Revenue Management Software Cost?
Hotel revenue management software can vary in price depending on the features and capabilities it provides. Generally speaking, basic hotel revenue management software can range from a few hundred dollars per month to several thousand dollars per month. This can depend on how many rooms and properties are being managed, as well as how comprehensive the feature set is. Some hotel revenue management solutions come with add-on packages such as integration with other third party services, which could further increase the cost.
Higher-end solutions may include more sophisticated modules such as pricing optimization, demand forecasting, and advanced reporting capabilities that could significantly boost their cost. Hotel Revenue Management software designed for enterprise clients could run anywhere from five to six figures annually, depending on what specific functionalities they need.
Most cloud-based hotel revenue management systems offer monthly subscription plans that make them more affordable for hotels of all sizes by allowing users to pay only for what they use, or “pay-as-you-go” model. Also, some companies offer discounts when customers bundle multiple services together for even greater savings. Hotels should consider factors such as scalability and level of support before choosing a particular solution since prices typically reflect these aspects as well.
Hotel Revenue Management Software Risks
- Security Risks: Without adequate security measures in place, sensitive guest and financial data can be vulnerable to unauthorized access or malicious attacks.
- Data Loss: Without sufficient backups or disaster recovery protocols in place, a hotel’s critical database of guest profiles and reservation information could be lost if the system fails.
- Functional Limitations: If the software doesn’t provide necessary features, users may not be able to effectively manage their revenue streams.
- Stability Issues: System crashes or lag times can cost hotels money by delaying reservations and impacting customer satisfaction.
- Poor Integration: Revenue management systems must integrate with other systems such as point of sale, yield management and enterprise resource planning for maximum efficiency; however, inadequate integration can lead to missed opportunities and confusion on the part of employees and customers alike.
What Does Hotel Revenue Management Software Integrate With?
Hotel Revenue Management software is developed to help hoteliers identify and capture more revenue by efficiently managing the pricing of their rooms. This type of software can be integrated with a wide variety of other types of software in order to provide a comprehensive solution for optimizing hotel operations. Popular integrations include other property management systems, accounting software, data analytics programs, customer relationship management applications, marketing automation tools, reservation systems and even human resource or payroll services. These integrations help hoteliers streamline the entire process from acquiring and tracking guests’ information to tracking bookings and forecasting room availability. By connecting these various pieces together into one cohesive system hotels are able to increase efficiency, maximize profits and create a better overall experience for guests.
Questions To Ask When Considering Hotel Revenue Management Software
- What types of features or capabilities does the software provide?
- How user-friendly is the software, and how efficient would it be to use the software on a daily basis?
- Does the software integrate with other hospitality technology systems such as property management and payment processing systems?
- Does the system provide support for multiple currencies, languages, locations, and/or markets?
- What sort of analytics or reports does the system generate to help understand customer trends and behaviors?
- Is there an intuitive mobile app available for easy access during peak business times or from remote locations outside of headquarters?
- Are there any options to customize pricing rules based on specific market conditions?
- Are there flexible yield management tools available that can optimize revenue 24/7 across all distribution channels?
- What type of training and onboarding is included with purchase of the software?
- What are some key benefits our company will receive from using this particular revenue management system over others on the market today?