RevManage

Revenue Management System (optional extra)

Making use of our Revenue Management System improves any hotels proactive rate management, competitor analysis, real-time reporting and communication of rooms key information. Here are some of the elements our system provides.

Cloud Based Technology

Best in class, integrated system to support rate and revenue decisions.

Automated Revenue Management

Data is provided in real time, automating processes that would have typically taken you too long. With this automation your decision making is more proactive allowing you a greater opportunity to impact revenues positively.

Forecasts / BoB Reports

Adjusted forecasts with data pulled from your PMS, showing your business on the books. Using a smart mix of current and historical data, our revenue management platform automatically forecasts your occupancy. This enables you to effectively anticipate the expected demand.

Segmentation

Analysis your market segments more effectively, understand the impact of your pricing, sales and marketing activity. You can review, adjust and maximise your efforts by utilising segmentation correctly.

Extended Stay Functionality

Gain the ability to price for longer term stay clients. Develop an extended stay strategy, using this feature to maximise revenues and reduce costs.

Competitor Pricing & Pick-Up Alerts

Competitor set pricing is pulled in to our Revenue Management Platform twice a day whilst the system immediately notifies you of unexpected large pickup in the next 365 days. You will never miss an opportunity to raise your rates.

Dynamic & Real Time Price Optimisation

Our systems smart algorithm recommends your optimal daily rates, 4 times an hour, by combining BOB, forecasted occupancy, competitor rates and your own business rules. Use the rate calendar to easily verify rates and distribute the BAR to your PMS or Channel Manager. The auto publish function enables you to optimise all your rates for the next 365 days automatically should you wish to.

Pricing 365 Days Ahead

As mentioned previously our system focuses on a rolling 365 days ahead to maximise sales and revenue opportunities.

Group Pricing

For some accommodation providers pricing for groups is an important part of the mix. Benefit from a system that allows you to set group pricing alongside other business segments such as transient, corporate and leisure.

Hotel Systems Integration

For hoteliers interested in using our revenue management system please find here on our systems integration page a list of systems that we are integrated with.