The right room, at the best price for the client and the most profitable for you
The Revenue Management System automatically calculates and updates the rates in real-time for your accommodation structure: hotel, guesthouse, camping, vacation rental...
Compare your hotel rates with those of your direct competitors to always stay competitive.
Analyze the performance of your accommodation to adjust rates if necessary.
What are the advantages of the Revenue Management System?
The Revenue Management System analyzes the performance of the structure based on key indicators, cross-referencing data with external market context variables, allowing you to decide on sales strategies and prices to apply to maximize your structure's profit. With the Revenue Management System, you maximize both occupancy rates and profitability simultaneously.
Business Intelligence and Rate Checker are complementary tools for analyzing your structure's performance and optimizing prices.
Hotel
Bed & Breakfast
Agritourism
Vacation Homes & Apartments
Residences
Requirements met by the Revenue Management System
- Detailed analysis of structure performance based on key KPIs (Revpar, ADR, etc.)
- Price comparison with competitors
- Market and context analysis
- Best price suggestion
- Ability to modify price suggestions
- Increased occupancy and turnover rates
Revenue Management System
The Revenue Management System analyzes your past bookings and suggests the price at which to sell your rooms to maximize occupancy and profitability. Each date is associated with potential, and based on that and the occupancy rate, a price suggestion is made. You can manually apply it to your rooms or create automatic rules. You can also manually modify the potential by inserting events (e.g., the cup final in your city or a new fair).
Rate Checker
Check the prices at which your competitors sell their rooms directly on your calendar. You can select up to 3 competitors by geographical proximity, and Rate Checker will show the prices they sell on Booking.com and color them green or red to indicate whether they are higher or lower than yours.
Business Intelligence
A dashboard through which you can always monitor your facility's performance. You can analyze the origin of your bookings, the channel, the pace, the revpar, the average daily rate, and many other data updated daily. Use them to understand where to intervene and improve your performance.