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Revenue Management
An alternative revenue management software solution, to manage RevPAR intelligently and effectively, to deliver maximum profits
- The only solution that analyzes the market supply and demand in real-time.
- A unique pro-active approach versus a traditional reactive RMS.
- Historical data combined with real-time competition analysis.
What is true rate optimization?
- Dynamically updated in real-time.
- Aggressive enough to allow hotels to be competitive, to appear on the top of the web page and to attract the online shopper.
- High enough to maximize RevPAR and make a profit.
- Finding the perfect balance in between rate and occupancy continuously.
It's not about lowering rates at any cost, it's about reaching the perfect "sweet spot", the ideal rate that will convert a looker into a booker.
Our algorithms are custom designed and programmed around your hotel's fluctuating business needs.
Our system simultaneously considers the following parameters to achieve optimal RevPAR:
- Time factor
- Booking Pace
- Booking window
- Force of demand
- Page positioning
- Market share
- Market penetration
- Price of hotels classified by star ratings
- Price of hotels classified by guest reviews
- Hotel without prices
- Historical data
- Booking patterns by day of the week
- Time of the day booking patterns
- Special events
- Projected performance
- Reassessed yielding strategy
- Length of stay patterns
7 days a week, 24hours a day, all of those factors are re-evaluated in Real-time in order to establish the perfect rate at this very moment.
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