Best Revenue Management Software for roomMaster

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.

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.

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.