Hotelitix Description
RevPar 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.