DemForNextOrbit
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Related Products
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About
Pricing For Profit, Competitor Price Discovery, Demand Forecasting. Enabled By AI & Machine Learning. Delivered a sales uplift of 14.4% for an American brand of casual apparel due to better pricing. Pricing For Profit, Competitor Price Discovery, Demand Forecasting. Intelligent Demand Forecasting. Machine learning and human judgement - We help combine best of both worlds. We incorporate the impact of local events, holidays, back-to-school, school closing, local carnival and games, social signals and macro-economic variables. Demand Forecasting. Store Ordering. Purchase Order Recommendations. Shelf Space Allocation & Optimization. Continious Monitoring And Improvement. Intelligent Pricing. Better price realization to improve Sales & Margin. Determine price elasticity by product, location and day; hence determine the extent of mark-up or markdown. Differential Pricing Strategies. Avoid a race to the bottom. A/B testing to demonstrate.
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About
Supercharge your RevPar performance, with real-time, automatic, rate optimization giving you the best possible pricing strategy to drive more revenue on every booking. We believe that information is currency in an ever-growing information economy. In an era where more data is being collected than ever, Hotelitix identifies revenue-generating opportunities in real-time, forecasting the exact price changes your hotel should be making, to maximize your performance. All price suggestions can be automatically approved using Autopilot or manually accepted, revised or rejected on your own accord, as no one knows the business of your hotel better than yourself. Once the prices have been accepted, these will automatically be pushed to your PMS, CRS or channel manager. Hotelitix was developed using artificial intelligence, based on probabilistic modeling and regression analysis, allowing to forecast demand levels as well as make strategic pricing decisions.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Online merchandisers looking for a tool that offers predictive algorithms, which works on retailer data combined with competitor pricing
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Audience
Hotels in need of a solution to get real time, automatic, rate optimization to implement the best possible pricing strategy
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
$6 per room
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationNextOrbit
Founded: 2014
India
www.nextorbit.com/en/
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Company InformationHotelitix
United States
hotelitix.com
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Categories |
Categories |
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Demand Planning Features
Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting
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Integrations
No info available.
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Integrations
No info available.
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