Compare the Top Hotel Revenue Management Software in 2024
Hotel revenue management software, also known as hotel yield management software, is a type of revenue management system that enables hotels, motels, resorts, inns, hostels, and B&Bs to manage and optimize their pricing and revenue strategy. Revenue management systems (RMS) for hotels typically integrates with a property management system (PMS), and allow hotel managers and pricing strategists to room pricing in real-time in order to optimize revenue according to demand, and increase overall hotel revenue. Hotel revenue management software also offers robust reporting and analytics. Here's a list of the best hotel revenue management software:
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1
SiteMinder
SiteMinder
SiteMinder’s high-converting online hotel booking engine empowers you to maximize bookings from your hotel website and reduce dependency on third-party sales channels. Grow your direct online bookings with zero commission. Make booking easy for your guests. Simple 2-step booking process. Mobile-friendly so guests can book on all devices. Slick and modern design allows you to visually present your hotel’s offering in the best way possible. Remove manual entry and guesswork with automation. Reach, attract, and convert more guests with SiteMinder’s platform. SiteMinder’s #1 ranked Booking Engine brings demand right to your front door. Available with the world’s leading hotel commerce platform and designed from the ground up to optimise every step of the direct hotel booking experience, this is your chance to control your booking journey.Starting Price: $56 per month -
2
Innsoft
Innsoft
At Innsoft, we pride ourselves on providing straightforward, value-oriented hotel management software. Streamline your hotel operations & more with our intuitive & fully customizable hotel software and motel software. Here at Innsoft we focus on hotel management software for independent, small and mid-sized properties with up to 350 rooms. Check-Inn hotel software by Innsoft is a flexible, easy-to-use, Windows based property management system that is trusted by thousands of hotels nationwide. Our in-house, U.S. based, support experts provide excellent customer service making training and operations quick and efficient Connect-Inn channel manager allows you to instantly manage 100+ travel portals from a single platform while reservations book instantly into your hotel management software. Include the Connect-Inn Booking Button to allow reservations to be made directly from your property’s website.Starting Price: $899.00 -
3
HotelConnect
HotelConnect
HotelConnect is designed to simplify and automate all operations for modern hoteliers and their guests. From the booking engine to check-out, from front desk to revenue management, every process is easier, faster and more connected. HotelConnect was founded by a team of former hoteliers who believe the hospitality industry needs a technology revolution. From day one, the HotelConnect system was designed to be the most open, user friendly and complete system in the market. Our customers use HotelConnect to create more remarkable experiences and more profitable businesses. Hotel technology does not have to be expensive, why pay more? HotelConnect offers an all-in-one system, property management, channel management and booking engine, for a fair price of just $6 per room per month. This includes our friendly phone and chat support.Starting Price: $75 per month -
4
innRoad
innRoad
Trusted by thousands of independent hoteliers around the world, innRoad is an award-winning feature-rich hotel management software designed to help hotel establishments save time, increase occupancy, boost revenue, and focus on guests. Easy to setup and use, innRoad's all-in-one hotel management software includes reservation management, a high-converting booking engine, channel management with connections to 100's of OTAs, credit-card processing, and revenue management tools. Users can easily monitor and optimize the hotel's performance metrics with daily performance reports and surge alerts. Plus, innRoad is known for their top-tier 24/7 customer support team and fee-free pricing. When switching to innRoad, customers report a boost in direct bookings, increased room revenue, and overall improved efficiency. A free data migration for both past and future reservations is included as well as a dedicated implementation advisor to get your property up and running in no time.Starting Price: $10/room/month -
5
eZee Absolute
eZee Technosys
eZee Absolute is a complete hotel management system which helps hotels in automating operations right from front-office, back-office, check-in, check-out, reservations, billing, housekeeping, and many more. eZee Absolute helps hotels to improve the guest experience they impart and increase their revenue. eZee Absolute is a perfect fit for all types and sizes of accommodations viz. hotels, motels, guest houses, B&Bs, serviced and boutique apartments, hostels, and even hotel groups.Starting Price: $49.90/month -
6
roomMaster
InnQuest Software
roomMaster by InnQuest, Cloud or On-Prem is used by 5,500+ properties in over 100 countries, including chain, independent, business, boutique and resort hotels. Our solution includes hotel PMS, EMV Credit Card Payment Processing, more than 125 Reports plus Advanced Reporting, Daily Flash Reporting and Accounting Exports, Booking Engine, Channel Manager, POS, Activity Scheduling, Revenue Management, Smart Hotel Automation, CRM and 100+ hospitality APIs & integrations. -
7
RoomRaccoon
RoomRaccoon
Meet RoomRaccoon, the leading hotel management system for independent hotels. RoomRaccoon’s all-in-one hotel management platform empowers hoteliers with all the tools they need to maximize revenue, streamline operations, and delight guests at the click of a button. With RoomRaccoon, hotels can say goodbye to complex integrations and access a property management system, channel manager, booking engine and payment platform – all in one place! RoomRaccoon knows that each property is one-of-a-kind, and with its extensive application marketplace, hotels can easily integrate with their favorite tools to create a truly tailored hotel management system that works for them. Try it for free for 14 days.Starting Price: $180 -
8
Newbook
Newbook
Take control of your operations with Newbook’s campground, RV park, hotel and hospitality management system. This all-in-one place platform has a range of features including a Property Management System, Integrated Online Booking Engine, In-Built Channel Manager, Central Reservation System, Self-Service Technologies, and much more. As an accommodation operator, you want the best for your business and your guests so why settle for second best when it comes to the platform that runs your entire business. Let Newbook run your business operations so you can focus on what you’re best at - Creating extraordinary guest experiences! Get ready to find your flow. Speak to us about improving your business operations today.Starting Price: Free -
9
EVENTMACHINE
ZELFMADE GmbH
EVENTMACHINE offer cloud software for online event planning & automated quoting. For hotels, venues and all providers of meetings, seminars and events. Providers of MICE events (hotels, venues and other providers) 1. save time 2. prevent errors 3. maximize revenue All EVENTMACHINE plans include an extensive feature set like automated function sheets & banquet orders, MICE revenue management and the eventmachine IQ instant quote. With EVENTMACHINE's API capabilities you can integrate easily with your existing tech stack. Live prices and availabilities from your PMS, revenue management system or calendar app are used for instant event quoting, for increased efficiency and less staff hours. A free trial is available for all new clients.Starting Price: EUR 65.00/month -
10
Pricepoint
Pricepoint
Pricepoint offers an AI-powered dynamic pricing solution that helps hotels and hostels increase revenues and occupancy by automatically optimizing room prices in real-time based on demand changes and market conditions. We have one goal: Increase your revenue. Pricepoint works full-time to forecast your demand and find your optimal rates, using advanced data science and machine-learning techniques. Our mission is to stay on the leading edge of technology, providing the most advanced revenue management solutions in the simplest form. We want to make RMS accessible to all types of users. Our solution integrated seamlessly with your PMS or Channel Manager and updates pricing in real-time.Starting Price: $184/month -
11
Seekom
Seekom
Our Property Management System is cloud based software to help you run your business more effectively. Our PMS is packed with features; Dynamic Pricing, Housekeeping, Invoicing, Rate Management, Integrated Channel Manager, Automated Revenue Management, Website Booking Engine and so much more to help you grow your business.Starting Price: USD $107/month -
12
Lybra RMS
Lybra
Lybra Assistant RMS helps hotels to identify and capture potential revenue opportunities plus automate time-consuming revenue management processes, using machine learning technologies. Lybra, developer of the Assistant Revenue Management System, an innovative, machine learning RMS for the global hospitality industry. The Assistant RMS helps hotels to identify and capture potential revenue opportunities, plus automates time-consuming revenue management processes, to boost bookings and revenue – and help hoteliers reach recovery more quickly. Our company name comes from the Latin word, meaning ‘balance,’ as our RMS offers the perfect balance between the strengths of machine learning and human intuition. Thanks to an innovative algorithm, the system is able to suggest the best rate to sell at and automate the sending to distribution channels.Starting Price: $100 per month -
13
Innkey PMS
InnkeyPMS
InnKey is an integrated Hotel ERP on Cloud. We help mid-upscale Hotel Chains run their entire operations on a single platform completely on cloud. We cater to all the departments of a hotel ranging from Reservations and Front Desk to Housekeeping and Maintenance to Point of Sale and Banquets and Conferencing to Material Management and Purchasing to Financial Accounting and MIS. Our entire solution is On Cloud making it accessible anytime and anywhere which completely changes the operational landscape for any Hotel Chain. We have more than 350+ hotel and resort clients using our fully stacked Hotel ERP solution. We aim to become a single-point solution for every Hotel Chain. Our goal is to help our customers streamline their operations, increase their topline and maximize their bottom line. Discover a world where technology harmonizes with hospitality, and where every guest encounter is an opportunity to create lasting impressions. Stay ahead in the game with InnKey!Starting Price: $3 per month -
14
Hop
Hop
Hop is an all-in-one hotel Property Management System provider. Our cloud-based and responsive platform empowers hoteliers to manage their properties, teams, and daily operations more efficiently and cost-effectively. Manage all your operations in one place with our COMMISSION FREE Booking Engine, Channel Manager, CRM, Events Manager and comprehensive Revenue and Reporting feature, and range of contactless tools including a branded hotel app. Our experienced UK-based customer service and technical teams are here to support you 24/7 for total peace of mind. Whether you are a B&B, guest house, an independent hotel, or a group or chain anywhere in the world, if you sell rooms, Hop has the solution to achieve your goals. Get in touch to book a free and no-obligation online demo.Starting Price: £150.00/month -
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Smartpricing
Smartpricing
Smartpricing is a RMS that allows users to automate the analysis of the data of hotels to determine the optimal sale price. Smartpricing, a state-of-the-art Revenue Management System, is the result of years of tests that we proudly offer to customers, property owners and collaborators. Early results and rapid growth confirmed that our algorithms, such as the alchemies within the team, work. We are therefore ready to apply them to increase the turnover of your hotel or holiday home. Our goal is to help hoteliers and small business owners in the tourism sector grow their businesses by accessing innovative technologies that once could only be used by large multinational hotel chains. Smartpricing allows you to stay up to date on the sales performance of your facility. Monitor the changes in your sales prices and generate reports in a few simple clicks. Determining optimal rates is a complex task that can determine the success of your property.Starting Price: $120 per month -
16
Climber RMS
Climber RMS
Climber democratizes Revenue Management (RM) to hotels and small chains through connectivity and customer focus. We believe all hotels should be benefiting from intelligent Revenue Management Software to help optimize hotel RM strategy. Our international team consists of people from 9 different nationalities with bundles of RM, Data Science and Hospitality experience. Climber was founded in 2015 and our HQ is in Lisbon, Portugal. Our client partners stretch from Europe, to the USA and Azerbaijan as our cloud-based solution can be used from anywhere around the world. Crafting reports by hand is painful and time-consuming. Instead of spending hours building reports in excel, Climber provides you with critical information in seconds. Quickly diagnose under and over-performing days with Climber’s modern reporting interface and take action to maximize your revenue.Starting Price: €3.50 per month -
17
YieldPlanet
YieldPlanet
YieldPlanet’s Channel Manager is an extremely fast and precise distribution solution. It allows hoteliers to synchronize data between your property and hundreds of OTAs, GDSes and your own website. YieldPlanet provides the industry’s most flexible solution to optimize the prices of your rooms and offers. YieldPlanet’s Price Optimizer is our answer to your hotel’s dynamic pricing and revenue management needs. Price Optimizer boosts RevPAR through effective, AI-powered and fully automated yield management. YieldPlanet delivers powerful yet easy to use solutions to meet and surpass the challenges of distribution and revenue management. YieldPlanet’s solutions are being used by over 4 000 clients in more than 60 countries. -
18
Aiosell
Aiosell
Aiosell is a software for increasing hotel occupancy and sales. It is the only hotel software that uses fully-integrated technology designed to automate all hotel related services on one unified system for increased efficiency and reduced costs. Aiosell integrates 24X7 dynamic pricing along with a comprehensive suite of products that allow hoteliers to drive more customers year round, giving their revenue and reputation a big boost! Aiosell has assisted hotels of all types (5 star, 3 star, independent homestays) increase business and efficiency while reducing costs. All charges are per property per month. OTA Registration will Incur an one-time cost of USD 100. For Booking Engine,the variable fees is calculated on direct bookings only(amount that customer pays). Analytics&Reporting are part of the Revenue Management System. Aiosell's fully-automated revenue management system uses AI to help you set & maintain optimal room rates.Starting Price: $5 per month -
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Outperform RMS
Next Gen Opti
Why we created OutPerform RMS? Because brilliant revenue management takes up so much time and is a very manual process – fragmented data from PMS, rate shoppers, channel managers and revenue optimizers, offline/online, sometimes past or current, not often future – this picture is incomplete, disconnected and not aggregated. This is why we created OutPerform RMS. Ideal way for the hotels and resorts to optimize their revenue. OutPerform Revenue Management System can help outsourced revenue management companies to scale and increase performance. OutPerform Revenue Management System can be wrapped in or resold to add topline revenue and improve customer retention. The world of revenue management is changing. Now is the time to focus on mastery, not admin.Starting Price: $199.00/month -
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happyhotel
happyhotel
Our intelligent machine learning algorithms optimally adjust your room rates. Optimize your pricing strategy based on occupancy, events and current demand. Market demand and prices are different for each night and room type. happyhotel will calculate your optimal room price. Get exclusive price suggestions for your hotel based on occupancy, events, current demand and booking speed. happyhotel calculates your demand and gives you price recommendations for your hotel with the highest RevPAR. With our Pickup Calendar you can see directly all your bookings. Analyze exactly for which period your guests have booked. The calendar is dynamic and the fields can be adjusted to change the periods. For a successful revenue management you need an overview of all your hotel data. happyhotel compares different metrics with each other and provides you with exact evaluations of pickup, ADR, RevPar, occupancy, occupancy rates and sales.Starting Price: €5 per room per month -
21
HQ revenue
HQ revenue
The best revenue management teams in the hospitality industry use HQ revenue to increase their property's turnover, and save substantial time on market monitoring and business analytics. HQ revenue offers powerful and intuitive tools for professional revenue management. We provide up-to-date market information and business analytics so you can make genuinely confident pricing decisions. Our technology helps you to sell your inventory for the right price at the right time. HQ revenue is at the heart of every hotel’s winning revenue strategy. Since our beginning in 2012, our web-based rate shopping tool has helped over 2000 hotels maximize their revenue by providing them with the most accurate market and competition data. Our software is specifically developed by hoteliers for hoteliers and helps both established hotel chains and independent hotels worldwide achieve their full revenue potential.Starting Price: $59 per month -
22
Beonprice
BEONPRICE
Bringing the value of revenue management technology to a new level. Our clients come to us because they need to increase revenue but do not have the system, resources or knowledge to do so. Maximize profits by finding the best combination between the consumer demand and hotel supply through technology. We offer an integrated revenue management solution that allows our customers to capture the maximum possible market share based on all available information. Optimizing your strategy with an RMS that adapts to the particularities of your business and enables decision-making based on reliable data. We also adjust to the maturity of the client in terms of revenue to offer a solution tailored to its profile. Our service includes technical support in Spanish / English, technical training and accompaniment by account managers specialized in revenue management. -
23
Atomize
Atomize
Based on the latest innovation in revenue optimization, Atomize Revenue Management System for hotels transforms your data into revenue by delivering optimal prices in real-time, 365 days into the future. Atomize RMS gives you the ultimate opportunity to increase RevPAR and save time by letting Atomize automatically setting the optimal prices at any given moment, for every room type. Used in more than 50 countries, across five continents, by properties in the wide range of 50 to 1250 rooms. Atomize is known as an innovator and maverick in the revenue management software category. During 2019 Atomize was the first RMS to solve real-time price optimization which opens up huge possibilities for hotels to gain a competitive edge in their respective markets. After only 2 years in the market, Atomize RMS was ranked nr 1 on hoteltechreport.comStarting Price: $499.00/month -
24
OTA Insight
OTA Insight
Providing the most complete and user-friendly revenue, distribution and marketing management tech stack to hotel partners. Powered with real-time historical, current and future-looking datasets to drive business growth. Market insight is the industry's first predictive market intelligence solution that captures hotel booking intent in real-time to uncover new revenue opportunities. Rate Insight is an easy-to-use platform that gives access to all relevant factors impacting demand for your hotel rooms. Revenue Insight is the business intelligence platform that unlocks the potential of your PMS data and delivers actionable insights. Parity Insight is the end-to-end solution for hotel groups and chains to discover and solve parity issues across their portfolio.Starting Price: $99 per month -
25
RoomPriceGenie
RoomPriceGenie
RoomPriceGenie is the easiest way to ensure that your rooms are priced right, every night. Purpose-built for the independent hotelier, RoomPriceGenie is fast to implement, intuitive to use, simple to understand and completely transparent. Choose to be hands-off, letting the platform act as an always-on pricing manager, or, jump in and control your price manually. Either way, RoomPriceGenie will save you time checking your rates against your competitive set and ensure that you never leave money on the table. In an uncertain world, it’s revenue that you can count on.Starting Price: $149 per user per month -
26
RMS Cloud
RMS Cloud
RMS delivers scalable, cloud technology to more than 6,500 properties across 45 countries, helping them manage, operate and grow their hospitality accommodation businesses. As an innovative market leader for over 35 years, RMS has unparalleled expertise and insight informing the constant evolution of its robust and fully integrated platform. With a comprehensive suite of native features and a broadening product offering, RMS enables operators to increase revenue, streamline operations and engage and retain loyal customers. Our innovative approach drives our expanding reach into global markets, and our focus on constant improvement and customer experience positions our product as a key partner with properties of all sizes, including groups looking to optimise multi-national enterprises. We are the world’s fastest-growing property management software for good reason and our dedicated global teams strive to achieve more for our customers every day. -
27
Dataria
Dataria
Dataria offers a "revenue management" tool for hotels: we help define the best pricing strategy that drives an increase in revenue, through the intelligent use of massive data collected, presented in a useful and simple way. Our tool has the services of competitive set (shopper), price parity (parity check), channel manager, price optimizer, strategy validator, dashboard and early alerts. We are constantly working to grow and improve our RMS. We believe that Technology should make things easier for companies and not be just another problem in daily life. -
28
RevControl
CARE Internet Services
The easiest-to-use, all-in-one cloud Revenue Management System for hotels, hostels and holiday parcs. RevControl offers all the features you need to reach your business’ full revenue potential! Say goodbye to your boring old spreadsheets, and say hello to your stunning new dashboard. RevControl, the Dutch cloud-based revenue management system, has been specially developed by hospitality experts to make your revenue management easy. It calculates recommended room rates based on the history, forecast, competitors and chosen pricing strategy. In addition, its clear reports and graphs give you quick insights in how your business is evolving. RevControl is designed to assist you as a hotelier in your daily tasks. We have many great features and we regularly update the system with new and improved features based on user feedback.Starting Price: €5.25 per month -
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IDeaS G3 RMS
Integrated Decisions and Systems
IDeaS’ all-in-one, easy-to-use revenue management solution will empower you to quickly reach new levels of profitability. IDeaS G3 RMS delivers the most powerful, analytically driven decisions through an automated, machine-learning revenue engine. Artificial intelligence, powered with forward market data and a hotel's own data, takes pressure off users by reducing manual pricing changes, rules and tasks, and allows them to be more strategic in their day-to-day activity. G3 RMS delivers scientific pricing decisions at the room type and rate code level to drive optimal revenue performance. Discover greater profitability at ideas.com. -
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Revseed
Revnomix Solutions
Revseed is a Strategy Management System which helps in hotel revenue management services and data analytics. It is one of the leading companies that provides hotel revenue management strategies that emphasizes on volume, rate, market-linked, availability strategy with Artificial intelligence (AI), & Machine learning (ML) and Algorithms.Starting Price: $300/month -
31
Stayflexi
Stayflexi
Run your property like a self-driving car auto property management system. Flexible bookings, hotel e-commerce, auto channel manager, touchless pos, self check-in/check-out orchestra, mobile app, intelligent revenue management custom websites. It’s beyond property management system. Sell anything to your guest, not just a room. More revenues through flexible bookings. Contactless services. Drive direct bookings. Save 50% on operations with automations. Comprehensive range of products for any property. IoT enabled tools for hotels and BnBs to bring flexibility to hotel bookings and empower hotels to drive commission-free direct bookings. Flex PMS. Simplify & automate all hotel operations smoothly the way you want BnB Management. Simplified group vacation rental management. Channel Management. Automatically update inventory & price across all leading OTAs. Flex Booking Engine.Starting Price: $40 per month -
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HotelKey
HotelKey
The future of hospitality technology. Simple. Secure. Mobile. A property management system trusted by over 2500 properties globally. Salient features. Optimize operations & maximize revenue. Increase revenue & decrease spend with a single stack solution. Agile implementation process. One team to support all products. Add & remove products on the go. State of the art frontdesk system. Eco-friendly digital registration & electronic folios. Integrated card payments ID and passport scanning. Flexible upgrade and up-sell module. Next generation central reservation system. Direct integration with booking.com and Expedia. Integrated with over 250+ otas and gds through staah channel manager. Real time inventory. Flexible distribution. Revenue management. Comprehensive rate calendar with statistics, alerts and budget comparison. Simple to use rate plan management. Restrictions & overbooking controls.Starting Price: $3 per month -
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Ciaobooking
Ciaobooking
All-in-one solution. The end-to-end platform for any type of hospitality solution Ciaobooking is the latest generation PMS designed for "Smart Managers" who want to improve the performance of their business and drastically reduce the time spent on repetitive operations. Automation. 360º efficiency. Managing a hospitality business is not just about welcoming guests: a large part of this business requires organizational effort before and after their arrival. For that reason, the Ciaobooking software is developed with the latest technologies available, allowing you to simplify your daily schedule automating recurring processes and administrative tasks. Automated messages. Team management. Electronic invoicing Maintenance management. Revenue management. More revenue without efforts The first objective of a manager is to obtain the maximum profit from each single unit available, trying to establish the best price to obtain the maximum occupancy.Starting Price: $3.99 per month -
34
ChartOk
ChartOk
Making hoteliers lives simpler while saving costs and keeping staff happy. ChartOk is an operations and collaboration Software that makes hospitality staff communications and task management easy. Our App boosts and enhances hospitality staff collaboration and productivity. We deliver the right solution to achieve your hotel goals: Work smarter, reduce employee turnover, reduce emails, increase productivity, revenues and create a vibrant & strong company culture. We help hotel teams centralize knowledge & track daily operations within minutes. Scale your internal processes with a Hotel Teamwork & Collaboration Tool. Hotel work is invisible, buried staff’s PC, or employees’ heads. With chartOk, hoteliers organize tasks, requests, and create awareness across multiple Teams. Multi-property Software developed to Streamline Internal Collaboration across your hotel chain or group across multiple teams and departments.Starting Price: €95 per month -
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Hotelitix
Hotelitix
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.Starting Price: $6 per room -
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ZEN eManager
ZEN Hospitality Solutions
Channel manager, PMS, and revenue management, with dedicated pricing expert all-in-one package. Revenue optimization through dynamic pricing, online positioning and promotions. 100% transparency from our pricing experts. Hassle-free product with minimum intervention from the hotel. Receive expert reports with recommendations. Review performance and pricing strategies regularly. Stay updated with the latest industry trends and pandemic news. Automated pricing 365 days ahead. Monitor the competition and create pricing decisions. Customize your pricing strategy with our easy-to-use parameters. Be global with ZEN’s channel management system. Manage multiple properties with our easy-to-use Hotel PMS. Fully automated pricing software so you can focus on building your business. Book a 30-minute demo session where we’ll learn more about your business and show how we can help you save time and money, while growing your business.Starting Price: $169 per month -
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ZEN Express
ZEN Hospitality Solutions
Automate your room pricing and maximize your revenue with ZEN Express. Predict future demand and increase revenue with ZEN’s pricing robot. Save time with our 365-day automated pricing. Be in control, fully-customizable preferences, super easy to use. Automated pricing 365 days ahead. Monitor the competition and create pricing decisions. Customize your pricing strategy with our easy-to-use parameters. Up to 30% increase in revenue while saving cost at the same time. Advance analytics dashboard for real-time business review. Adaptive AI-pricing model optimizes prices based on market conditions, historical data, and more. Book a 30-minute demo session where we’ll learn more about your business and show how we can help you save time and money, while growing your business. ZEN Hospitality Solutions centralizes and automates your duties altogether, from pricing, to property management, to channel management, and more!Starting Price: $75 per month -
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SpotPilot
SpotPilot
Knowing in real time who is booking, on which date, by which channel, for which product, on which rate and at which price is essential to decide the right strategy to adopt. Bookings can continue when you are not in control and your decisions must be applied continuously to sell more and better. SpotPilot communicates in real-time with the PMS of your hotel. It alerts you to rising loads (montées en charges) and the follow-up of critical dates, the yield of your hotel at a glance. To facilitate your decision, it allows you to compare yourself to your market, your competition, your historical data and your objectives. Doing the right yield analysis and making the right decision to boost your hotel’s turnover becomes simple and fast. SpotPilot becomes the relay of your marketing strategy which it can be apply when you want. Your prices may automatically vary depending on the load increases, anticipation or even demand.Starting Price: €199 per month -
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hotelminder
hotelminder
HotelMinder is an all-in-one integrated platform that helps medium-size, independent city, budget, and/or boutique hotels, lodges, and guest houses find the best management solutions, services, and applications to improve and grow their business online. Combining property management software and revenue management tools with integrated channel manager and website booking engine, HotelMinder provides the marketing tools and services you need to engage with customers, reach more guests, and get more direct bookings. -
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HOTELCUBE
Proxima Service
HOTELCUBE is the PMS that grows with your hotel. The hotel software controls all departments and provides 365 technical support per year. The management software designed for your needs. HOTELCUBE is the versatile hotel management software, designed to adapt to any type of accommodation property. The modular design of the solutions allows you to use the modules individually: independent hotel, hotel cluster, Motel, Residence, Villages and resorts, Hostels, Boutique hotel. As a Microsoft Certified Partner, HOTELCUBE is a reliable, fast and intuitive software user interface. In addition, HOTELCUBE is integrated with Microsoft Office and is compliance to PCI DSS and GDPR. Is a complete and modular management software. It provides customizable solutions for all departments and operator class of hotels HOTELCUBE can be integrated with other software packages like accounting systems, the most important booking engine and channel manager on the market, revenue management, building automation. -
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Revpar Guru
Revpar Guru
Forward-looking pricing analysis and rate management tool for the hotelier who wants to maximize occupancy, ADR and REVPAR. Simplified and seamless channel management takes the manual process away so you can focus on what really matters. RG Soutions tools are easy to set up and they can integrate seamlessly with your hotel’s systems. Standard RG RMS configurations generally take about 4 weeks to set up. Designed for Revenue Managers and General Managers, our Revenue Management tools provide user with insightful information so they can make strategic decisions and continuously improve their overall performance. We understand the life of business professionals. Our tools have been developed to work on the go and can easily be accessed slot online from just about anywhere on any device. Leading experts in the hotel, financial and software industries come together to bring you the latest advances in Revenue Management tools. -
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InTouch Data
InTouch
Move beyond canned reports and help your revenue managers to become strategic thinkers. Meaning that they are not only drilling down into the data, but also asking well-informed questions that generate deeper insights and make an impact. Gain visibility into every corner of your business. Ensure that you’re working with the most accurate, complete, and reliable data with advanced anomaly detection and automated integrity control. Onboard swiftly so you can access your data without missing a beat. Work with a dedicated support team to ensure your reports are accurate, secure, and ready to go whenever you need them. The strategies you develop are only as strong as the data behind them, and without the right tools, pulling information from across your organisation into a single, workable database is no easy feat. That’s why our suite of tools will take you from data extraction all the way to making profitable decisions. -
43
LodgIQ
LodgIQ
Empowering hotel revenue management across the globe in more than 100 markets. LodgIQ RM is changing the way hoteliers approach revenue management. Our technology employs proven data science and machine learning principles to deliver optimized pricing recommendations in real time. The result: more accurate forecasting, smarter room pricing, and measurable ROI. LodgIQ RM is changing the way hoteliers approach revenue management. Our technology employs proven data science and machine learning principles to deliver optimized pricing recommendations in real time. The result: more accurate forecasting, smarter room pricing, and measurable ROI. RM Droid is an automated bot for revenue management that will continuously run in the background, making data-driven decisions being made using sophisticated ML algorithms. -
44
PickupTracking
Fairmas
For the simplified, up-to-date insight into the booking situation of today and the next 3 years. It enables efficient monitoring and optimization of the revenue management strategy based on the important hotel KPIs occupancy, ADR and RevPAR, without additional manual effort. Identify high and low demand periods for proactive action in Sales and Revenue Management. PickupTracking paired with FairPlanner, our hotel budgeting and planning software will give you a wholesome view of your on the books situation in combination with your hotel profit and loss. -
45
FairPlanner
Fairmas
FairPlanner - Your forecast and budget planning software A hotel-specific 360° Financial Planning & Analysis software to efficiently plan your revenue, costs & profits for all areas of your hotel profit and loss statement. Automatic planning function via drivers & comparison function of alternative planning scenarios are available. All financial indicators can easily be consolidated at the touch of a button. Automatically combine planning figures with actual values from your accounting system and pre-booking status from your PMS. This flexible management reporting provides a comprehensive 360° view of your business. You can also plan all relevant costs & salary per employee and per department that result in precise analyses for all management levels. Furthermore, perform operational consolidation & portfolio performance analysis for all your hotels. -
46
xcelerates
xcelerates
xcelerates is the new-generation hotel revenue management solution that is extremely intelligent but simple to use. It sells your rooms at optimal price every day of the year, automates your daily routine tasks, including channel distribution, provides all necessary information for your strategic analysis and increases your bottom line. It is adaptable and fully flexible. The core of xcelerates is an innovative state-of-the-art algorithm based on the mathematic theory of reinforcement learning. It has been applied successfully to various problems but is unprecedented in the Hospitality Industry. Its central algorithm is based on maximizing the final yield when taking into account all revenue-generating departments. If you are not satisfied for any reason, just let us know and we will refund your money. Automate xcelerates and never again miss out on the opportunity to maximize your revenue potential. -
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Hotellistat
Hotellistat
Hotellistat offers an All.In.One. RMB (Revenue Market & Business Intelligence) solution for all your needs regarding revenue management, business intelligence, reputation management, social media, and more. No switching around between systems anymore. With Hotellistat you get ONE system for all areas of digital market positioning, revenue management and market analysis. With our innovative approach as a RMB (Revenue Market & Business Intelligence) system, you can save money and time! Our vision is to create one integrated system that can handle all areas of hotel management and analytics. By creating a all-in-one solution, we are able to control each area of our system and make working with it as seamless as it should be. You can finally get rid of all of your fragmented management systems and use our central solution. Always one step ahead, with innovative revenue management directly out of the rate-shopper saves time and additional work in the PMS.Starting Price: €99 per month -
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Rate Wise
Rate Wise
Rate Wise is a leading revenue management company providing cloud-based software solutions and yield management consultancy to hotels and serviced apartments across the globe. Our team has extensive experience working with all types of accommodation including hostels, campus accommodation, small budget hotels, and large five-star resorts. We also work with both branded and independent properties. Our RMS solutions have been trusted by hoteliers for over 10 years. It integrates your revenue strategy, your PMS data, and your competitor data and can send your rate strategy back out to your channel manager or PMS depending on your chosen set up. Having your revenue system automated saves valuable time, creates a more efficient work process and reduces human error, giving your team the time to work on strategy and a high-level overview rather than data inputting and reading multiple reports. -
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RateBoard
RateBoard
Increase your revenue with flexible pricing. The intelligent algorithm calculates daily profitable price suggestions based on the most relevant data. Benefit from our intelligent warning system which will safe you lots of time. You do not have to go through piles of excel sheets anymore as our software brings clarity to the big amount of data. Within our stable price algorithm, the following data is taken into consideration, historical and actual booking situation, competitors, market demand, weather, guest reviews, events and holidays. The automation of the workflow and the integration of your existing systems will save you a lot of time and helps to prevent mistakes in data maintenance. Having a proper pricing strategy is key to any hotel & resort. Let us introduce you to the basics of revenue management in the hotel industry, how to apply pricing and length-of-stay tools and how to measure your revenue performance and increase your profit. -
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PMI
d2o
Imagine having a crystal ball to reveal next week’s occupancy, restaurant bookings and ancillary sales. You’d take advantage of that and prepare, right? Impossible, you say? PMI lets you do just that. Its live forecasts help department heads quickly respond to changes in demand. They can also measure productivity, optimize their operation and keep fellow decision makers in the loop. At d2o, we believe in the power of communication. That’s why PMI makes it easy to interact and collaborate across departments and management levels. -
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FLYR
FLYR
Connected intelligence. Optimized pricing. Modern retailing. Unconstrained fulfillment. Welcome to twenty-first century travel and transportation tech. Finally, an attainable, built-for-purpose platform that enables travel and transportation leaders to make confident commercial decisions and exceed modern e‑commerce expectations. We combine practical AI and legacy-free solutions to power the ultimate commercial competitive advantage for travel and transportation companies. FLYR’s platform helps travel and transportation companies preserve and extend lines of revenue and adapt quickly to increasingly dynamic environments. -
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Avvio
Avvio
Avvio leads the way with innovative solutions for hotels and accommodation providers. We developed the world’s first AI booking engine to exceed the ever-evolving needs of properties across Europe and North America, whilst delivering outstanding performance in direct revenue growth. Our AI booking engine, Allora, is built on years of innovation. Using artificial intelligence, Allora constantly optimizes to achieve better outcomes for every hotel and accommodation provider using the platform. Allora is the world’s first AI-powered booking engine. It is more advanced, more adaptive and more intelligent than any other direct booking engine. By orchestrating better online interactions between hotels and guests, Allora focuses primarily on driving direct bookings and guest loyalty through a dynamic user experience. -
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D-EDGE
D-EDGE
D-EDGE is a SaaS company offering leading-edge cloud-based eCommerce solutions to more than 12,000 hotels in over 100 countries. Combining technical excellence with digital marketing expertise, D-EDGE brings a holistic hospitality technology infrastructure under one roof. The integrated range of solutions covers all stages of hotel distribution which encompasses the central reservation system, guest management, data intelligence, connectivity hub, digital media and website creation. Our technology is simple to use so you can focus on your business. User experience is at the core of our R&D approach. All our solutions are designed to interconnect with your existing ecosystem. You benefit from a true end-to-end solution for your online distribution. We monitor our solutions’ availability night and day, because we know they are at the heart of your business and you need to rely on them. -
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ODISSIA
Odissia Systems
Odissia Systems Inc. was established in 2008 when enthusiastic friends with experience in the hotel business and computer technologies have launched an online travel agency together. Due to the strong competition on the international market, the project of the Online Travel Agency was closed, but they, with new energy, have developed a hotel management software ‘Odissia’. Developing hotel software has brought new challenges and ideas that led to the planning and development of hotel and restaurant management software and necessary services for the hotel business. The head office of Odissia Systems Inc is located in Chicago, USA. Today, Odissia Systems Inc is an international company whose products are successfully used in over 30 countries, more than 1500 hotels, guesthouses, apartments, boutiques and motels. The company provides the latest software and services for hotels, consultations and technical support. -
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Infor EzRMS
Infor
An intelligent and advanced hotel revenue management solution should continually connect your organization to where the market is and where it's going, with precision and agility. Up-to-the-minute data pulled from various sources and powered by dynamic machine learning helps drive decision-making. With these tools, your hotel revenue managers will be empowered to form strategies based on accurate revenue forecasting to support your business challenges, goals, and key KPIs. You’ll be better equipped to keep your eye on what success looks like as the hotel industry landscape continues to evolve. Infor® EzRMS is a powerful hotel revenue management software solution that automatically calculates demand and revenue forecasts while recommending appropriate selling strategies. Deep-learning algorithms dynamically recognize patterns to ensure optimal and accurate business forecasts, pricing, and selling strategies to maximize yield and profit. -
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AxisRooms
AxisRooms
Complete suite of products for the hospitality industry. Whether you are a small or large hotel, an independent travel agent or tour operator AxisRooms has got you covered! Unleash the full potential of your business by leveraging the entire product suite for Independent Hotels, Hotel Chains, Vacation Rentals. Manage prices, inventory & bookings across all online channels in real time. Drive direct bookings through your own hotel’s website. A unified solution to handle all needs of vacation rental properties. Manage your hotel operations & all your reservations on one platform. Maximize your revenue by pricing intelligently. Get the edge over your competition. Our platform has matured over many years and we have worked with both independent and large hotel chains. Around 6500+ hotels transact bookings of 250k+ room nights per month at more than 178 locations across the globe, exceeding $8 Millions worth of transactions each month. -
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Duetto
Duetto
Powered by Open Pricing, flexible automation, and demand-based forecasting, the Duetto RMS Platform empowers revenue teams to deploy and scale profitable strategies while driving incremental customer value through real-time data integrations and alignment across all departments. Start spending your time where it really counts with Duetto. Designed by a team of hospitality veterans, Duetto changes the game in modern revenue strategy. As the most flexible room-pricing tool in the market, GameChanger allows you to adjust segmentation and custom pricing logic wherever you need it, without ever losing data. Integrating more data sources than any other RMS, ScoreBoard weaves together all the information you need to forecast at the property level, stay date level. BlockBuster is Duetto’s solution to achieving the optimal balance between group and transient business by empowering collaborative, informed decisions across revenue and sales teams. -
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Jonas Chorum
Jonas Chorum
Jonas Chorum is a suite of streamlined, intuitive and flexible property management software solutions, designed to provide hotels with everything they need to operate more efficiently and cost effectively. True cloud property management software designed to streamline operations and improve revenues, with optimal functionality on any mobile device. Deliver innovative guest services, save time, boost your revenue, and centrally manage availabilities, rates and reservations for your entire hotel portfolio. Specialized, industry-leading data-sync technology that allows users to continue to use the fully functional system at all times, even during internet outages. -
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Slope
Slope.it
All in one property management software for Hotels. Booking Engine, Channel Manager, Revenue tool and Marketing in a single platform. Slope is the all-in-one cloud management software for hotels. Slope, a hotel management system, includes in a single cloud platform a range of functions including PMS, booking engine, channel manager, CRM, sending quotes, marketing tools, electronic invoicing and telematic payments. A cloud management software such as Slope allows you to control your hotel from any fixed or mobile device and from any position in which you are. In a single management software you have all the functions you need to better manage your accommodation facility. The features of Slope, hotel management software, allow you to automate many operations , allowing the staff to devote more time to the customer. -
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Cendyn Guestrev
Cendyn
Revolutionized profit optimization for hotels and casinos, offering unparalleled insights and flexibility. Cendyn Guestrev® revolutionizes profit optimization for hotels and casinos, offering unparalleled insights and flexibility. Our solution combines science and automation to deliver precise pricing suggestions at every level, empowering revenue managers to personalize pricing effortlessly. Streamline your strategy with real-time adaptability and boost profits across all segments. Total profit optimization 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. Dynamic pricing solutions Cendyn Guestrev provides open pricing recommendations by room category and market segment. It analyzes demand velocity for each room category independently. -
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rainmaker
Cendyn
A revenue management solution built to optimize profit for every segment of your group and transient business. Go beyond a rules-based revenue strategy and benefit from true science. rainmaker employs advanced statistical approaches to help its forecast quickly adapt to changes and achieve better stability in the outcome. Lift revenues of 7-10% by accounting for guest activity across your property, including ancillary spend. Based on true science and not confined by a set of rules. Built as a true revenue and profit optimization solution. Detect unexpected events or anomalous demand patterns that are often missed by human analysis. Data-driven micro-segmentation of demand across your hotel’s unique business mix. Forecasting models based on the relative weighting of the myriad factors influencing demand. Go beyond a rules-based revenue strategy and benefit from a science-based system and understand your business needs from all angles. -
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MasterYield
MasterYield
The PMS that includes revenue management functions. With the smart pricing tool it will be easier to optimize your rates. MasterYield's Check In Express now has new features such as document scanning, displaying personalized documents and capturing digital signature. Developed with an innovative and easy-to-use design that will streamline the check-in process and save your guests time. The MasterYield document scanner captures the guest's DNI or Passport data easily and immediately, storing them directly in the customer's file in the PMS. It allows the scanning of documents of all the companions. The whole process is done easily from the mobile itself and without the need to use an application. The new Check In Express allows you to personalize documents such as privacy policies, internal regulations, health security protocols, welcome messages, etc. in different languages. -
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N2Pricing
Revenue Analytics
Get supercharged analytics and simplicity you'll absolutely love — all at a lower cost. Because multi-property revenue managers deserve modern tech. Cluster RMs and central RM teams are underserved by today’s tech. Manage more properties more easily. Get painless implementation, easy training, and an intuitive interface without sacrificing transparency. We don't lock you into canned reports. Our rich data extract seamlessly powers any BI/visualization tool. All the big revenue opportunities across all properties in a single prioritized list. The only RMS that updates your entire transient rate structure automatically, slashing keystrokes. The software automatically detects all special events and anomalies to save you time and boost revenue. -
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XLR8 RMS
XLR8 RMS
When everything changes, and the Hospitality industry changes with it, rapid recovery depends on your capacity to respond. XLR8 is a company that specializes in revenue management, with proven experience in increasing hotel income. Keep your focus on strategy and leave the micro-analysis with us. An average increase in profits of 9% in the first year. 80% automation in profits management processes. XLR8 is the first and only strategic assistant for the hotel industry entirely based on Artificial Intelligence technology. We provide interactive solutions that allow us to achieve extraordinary results in both profits and time saved. The capacity to look ahead is key to adjusting strategy and making the right decisions in light of daily demand. Integration with PMS, channel manager, rate shopper and other systems so that yield management measures are automatically sent to all the distribution channels. -
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Above Property
Above Property Services
Above Property® is now Above Property Services (APS™). We are a cloud-based software company with deep knowledge of travel and hospitality technologies. Our company was formed in 2013 to create the new standard for speed, flexibility and stability for travel and hospitality CRS (Central Reservation System), revenue management, and property management solutions. Our foundations in travel and hospitality software go back to 1992 and the Executive Technologies Gold One Central Reservation and call center software. The company founder and many key employees have been working together for decades and the systems they have written are in use all over the world. Our technology philosophy specifically dictates using the very latest technology, software development tools and methods to ensure the most cutting edge products. Above Property has developed a multi-datacenter solution that manages single image inventory across the globe with sub-second speed. -
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MaximRMS
Maxim
With over 3,000 clients around the world over 25 years, MaximRMS delivers proven predictive analytics and machine learning technology that increase revenues 6-15%. Whether you want to upgrade your RMS technology, tailor your own custom RMS, or jump-start your revenue management program, MaximRMS has the technical and practical experience to guide your revenue management journey and supply the most advanced technology available. High-level overview of operating performance and competitive results for general managers and executive staff. Total transparency, control and advanced analytical functions at the most detailed level for revenue managers and analysts. Quick access to key performance details and guidance for local management teams. Long-range performance, scanning, and planning tools with flexible roll-up for regional or corporate executives. -
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Revenue Control Data
Revenue Control Data
Revenue Control Data automatically collects all the data from your hotel, the competition and the environment to display it in a single dashboard where you can execute your strategic decisions without changing the screen and in real time. Spend more time thinking: improve your decisions. Save more than 60 hours a month on data charging with our automatic off-road charging. Also discover your own exclusive data generated by the system, impossible to obtain in PowerBI. RevCtrlData shows you from general photography to the smallest detail. A panel with all the data so that you have a perfect global vision. Details in a single click at any point in the matrix. And even the smallest data in the downloadable automatic reports. A live platform, with constant updates, customizable and constantly evolving at the pace that the market and the needs of our clients demand. Our own technology has another advantage, we can customize the platform to the last detail to your liking. -
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HotelPartner Yield Management
HotelPartner
With its unique revenue synergy strategy, HotelPartner offers you an exclusive combination of know-how, technology and top-class experts, with which you can increase your hotel turnover in every market situation and secure your hotel in the long term. The market conditions within the hotel industry are getting tougher every day. Those who want to sell their hotel rooms at the best possible price in the face of increasing competitive pressure need new approaches and strategies for optimal hotel revenue management. Only the combination of the latest technology, highly qualified employees and decades of experience can ensure that top positions in the rankings become the rule for you. A tailor-made and future-focused revenue strategy is created to the individual needs of your hotel. This will ensure that you have all aspects of your revenue management under control and can optimize your performance in any demanding market situation. -
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Wavycat
Wavyssa
Moving away from traditional and complex revenue software, our platform offers simplicity and adaptability which allows the user to work dynamically. Are you tired of being offered black box software that recommends prices which do not suit your strategy? Our algorithm is transparent and adaptable and you can make decisions quickly and very accurately with it based on targets. Hours and hours at the computer, adjusting the quotas, adding and subtracting to avoid overbooking, does that ring a bell? We offer you a platform with a multitude of data to have tailored reports, in a very fast and visual manner. We have the solution, our allotment rules will make your life easier. -
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Right Revenue
Right Revenue
Right Revenue provides a revenue management software solution that is user-friendly, flexible and most importantly accurate, helping you make those all-important decisions on pricing, always with profitability in mind. Our advanced AI provides great recommendations on your rate strategy, today, tomorrow and for the next two years. Forecasting is never simple and in these challenging times, where our customer’s buying behavior is ever-evolving, this is more difficult than ever. We remove the pain by providing accurate forecasting built on marketing-leading AI. With Right Revenue, this means an up-to-date, data-driven forecast is always at your fingertips, allowing your team to spend time analyzing and re-acting, rather than creating. Revenue managers often spend hours each day collating information into spreadsheets which is then immediately out of date. Right Revenue saves you hours each day by providing bespoke reporting with live data and all business KPI’s. -
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Hotellab
Hotellab
Increase your hotel's income based on the revenue management system, dynamic pricing, load forecasting, demand analysis, and competitors' prices, as well as segmentation of bookings and analysis of sales rates. We offer a unique combination of developments in the field of revenue management, marketing and cost optimization. Our solutions help to increase profits from the first steps for both leading hotel chains and small boutique hotels. Instant update of open source prices through integration with your PMS or channel manager. The ability to set prices on autopilot. Quickly estimate the growth rate of bookings and revenue for any date, segment, booking source, and room category. Keep track of your competitors and hotel availability on the market. Study price behavior and room availability. Use this knowledge to your advantage. Data of competitors prices, demand, booking depth, sales statistics, and many other important metrics for analysis. -
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Wave RMS
SHR
Offering the best of AI with a human touch, Wave allows today’s revenue managers to break free from having to solely trust the ‘black box’ they are normally bound to by other revenue management systems, and start enjoying an ease and control not currently found in most of today’s RMSs. With its unique strategy builder tool, Wave brings revenue managers AI models that can be adjusted to fit your hotel’s particular strategy, while allowing for more transparency in pricing recommendations, so you can get back to running your hotel. Hoteliers who may not be using an RMS, and who need a revenue management strategy. Hotels that need a more intelligent RMS workspace for deployment of revenue strategies. Any size hotel struggling with the ability and resources to effectively analyze and execute on their data. Provide automated forecast demand using non-linear calculations for price elasticity. -
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MyForecast
MyForecast
The only solution for unprecedented revenue management. A revenue analysis that will decide the fate of your business requires absolute precision. Smart automations and customize screenshots. Compare data year over year, up to three. Don't spend energy on revenue actions that you can automate. You will love our price helper. Immediately activate strategies on all channels, +50 integrated PMS and CM, national and international. Compare performances and budgets, always identify new revenue margins. In a few clicks. Absolute accuracy, no errors in Excel formulas, data collection or wrong integrations. Build and analyze all possible scenarios to seize market opportunities in time. Forecast shows you the data you need to understand the direction you are going and make targeted decisions. Price Helper takes care of the revenue, the MyForecast algorithm that checks the dates and periods of your choice on a daily basis and changes the revenue automatically or asks for your consent. -
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Kriya RevGEN
Kriya RevGEN
Spider 2.0 offers unparalleled hotel portfolio reporting capabilities and frees up your team to focus on strategy. Our revenue management platform automates data collection, streamlines reporting, increases productivity, and boosts hotel revenue regardless of brand or system. Additionally, our Spider 2.0 client success team is made up of the same expert revenue managers who support our revenue management services. This means that we truly understand your pain points and can relate to your needs. Our goal is to ensure you completely understand the value of Spider Analytics and to provide additional analytic support to your team. It integrates reservation-level data across all brand and revenue systems. Keep and enhance your existing tech stack while unlocking powerful new analytics. Our revenue management platform works with all globally recognized brands and more independent hotel systems. -
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sysotel.ai
sysotel.ai
sysotel.ai comprises a compact automation platform pertaining to revenue management and yield management. This platform, which is based on raw, reliable, and relevant data, is based on market data analysis with the aid of AI and ML, facilitating the hospitality industry. The technology assists in ascertaining raw data from the prevailing market to channelize optimum solutions to the right target customers. Furthermore, the platform assists in scrutinizing the collected raw data and provides expertise based on AI’s solution and logical reasoning to cater to your business’ revenue. We provide comprehensive, perceptive, affordable and profitable solutions for our patronage which are majorly segmented for mid-to-small scale hospitality independent ventures and groups.Starting Price: $10 -
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Planet PMS
Planet
Get your hotel's guest experience to the next level. Handle your bookings from an intuitive drag and drop calendar. One-click guest check-in/check out. Add notes and preferences to bookings with the integrated voice-to-text function. Effortless payments. Multiple payment methods and currencies. One-click reservation and rate updates. No more overbookings. No surprises. Fast access check-in and check-out buttons to speed up operations. Stop switching between tabs. All relevant information at a glance. A check-in wizard ensures all important details are captured . Zero complications. Easy to alter invoice recipient, split invoices and post charges with one click. Easy room plan management. Group reservations are no longer a hassle. Over 60 different reports and multiple different ways to analyze your data. Fully customizable, we adapt to your needs. Revenue reports, future calculations, group discounts, top bookers, in-house guests, rooms, arrivals, departures, capacity. -
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Reznext
RezNext Global Solutions
We specialize in a range of customized designs and marketing management solutions personalized to fit each client’s business. Reznext works with you to optimize your hotels revenues and reduced operating costs. An affordable hotel management software suite with streamlined management and a new age cloud host that helps our customers achieve significant outputs and results, thus making Reznext the best choice for all Hotels, B&B’s and Inn’s. Take your property’s online to Maximize your revenue and showcase your property by connecting your business to leading OTA’s and grow bookings with our real time channel manager for hotels. A booking engine built to impress your guests with leverage promo codes and promotional rate plans to increase online direct bookings. The central reservation system helps hotel chains in acquiring direct bookings, improve guest experience and even streamline operations. -
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Counter
counter.app
Rethinking the tools you need to make your hostel work effortlessly. Made by hostel owners just like you. You probably have 15 tabs open right now - one to manage your beds, one for reviews, one for rates, a chalk board for experiences and on and on. We make extra room in the budget by using the newest technology to combine all these tabs into one easy-to-use workspace. Clunky design, hidden drop downs and non-intuitive software are a thing of the past. We have made it our mission to keep things simple and created an app that anyone can use. Grow your revenue beyond beds. Create and sell experiences, collaborate with your team, manage your F&B business - all from one place -
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Hotel Scienz
Xotels
Hotel Scienz is an affordable demand based revenue management technology for hotels. The comprehensive revenue management system is built on best hotel industry practices. The solution provides a proven methodology to hotel revenue management through advanced algorithms which highlight demand trends, to support your daily rate decisions and revenue management strategy. Based on decades of combined revenue management and distribution experience, we created an easy to use hotel revenue management software for the hotel and hospitality industry. Our yield solution is being used by different accommodation types, from city boutique hotels to trendy hostels, high end vacation resorts and campings. The Revenue management dashboard view, gives all lodging property stakeholders a clear overview of the current and future sales trends. On The Books performance is compared with budget, last year's final results and same date last year. -
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Passepartout Welcome
Passepartout
Welcome becomes the heart of the accommodation facility, the system from which all activities are carried out and monitored. All front office operations, from the quotation to check out, can be performed in a simple and intuitive way using an intuitive interface. The management of back office activities is easy and quick thanks to the tools available in the software that allow, among other things, to manage all hardware devices and building automation systems in the hotel from a single centralized point. Moreover, if configured in multi-property mode, the software displays availability and tape charts of multiple properties in a single screen and allows to easily enter or modify reservations for all configured businesses. Reservation management, from the information request to check out, is simple and intuitive, numerous automatic processes streamline front office activities by minimizing the error risk. -
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Life House
Life House
The all-in-one solution for hotel operations, branding & software. Award-winning hotel management, branding, and software that makes independent hotels easier to operate and far more profitable. Owning & operating hotels is complicated. We’re here to help make life easier with innovative technology, sophisticated management services, and an award-winning brand. We’ve invested heavily to be the best operator for independent hotels. Our software and operating systems are designed to make managing hotels easier and enable us to deliver more reliable financial performance. As an operator, we’ve built powerful software to make hotels maximally profitable and easy to operate. It powers advanced revenue management, automates the back office, and enables hotel staff to focus on the guest experience. We’ve built award-winning lifestyle brands that respond to any real estate, driving the highest ROI. -
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Frontdesk Anywhere
Frontdesk Anywhere
Frontdesk Anywhere is a next generation hotel management software for independent hotels, management groups, resorts and motels. An easy-to-use cloud-based solution, Frontdesk Anywhere comes with all the features hotels need to boost performance. Top features include easy reservation management, online distribution, revenue management, reporting, online reputation, booking engine, online reputation management, and credit card integration. Customize guest profiles, availability calendar, checklists, internet booking engine, guest messages, rates and much more. Access your PMS anywhere, any time. Front desk operations, rate management, guest communications and housekeeping are just the beginning. Transform your daily operations with productivity reports essential to your front desk. Arrivals and departures, guest lists, detailed availability and more are available at a glance. -
83
Cloudbeds
Cloudbeds
Cloudbeds is the platform that powers hospitality, enabling tens of thousands of lodging businesses in more than 150 countries worldwide to grow and thrive. The award-winning Cloudbeds Platform brings together technology solutions to increase revenue, delight guests, and streamline operations into a single unified system, enhanced by a curated marketplace of third-party integrations. Founded in 2012, Cloudbeds was named No. 1 PMS, No. 1 Hotel Management System, and No. 1 Guest Messaging Software by Hotel Tech Report in 2023 and was recognized as a major player in the 2022 IDC Marketscape Report.
Guide to Hotel Revenue Management Software
Hotel revenue management software is a type of software designed to help hoteliers maximize their profits and improve the efficiency of their operations. It enables hoteliers to better understand customer demand and trends, anticipate pricing changes, manage inventory levels, and optimize sales strategies. In short, it provides an easy way to increase profitability at hotels.
The software typically includes a variety of features that allow hotel managers to get an in-depth understanding of their market dynamics and make informed decisions about room rates and availability. For example, it can track customer demographics like age group or number of children in the party; monitor pricing strategies across different booking channels; analyze past performance; adjust prices based on supply/demand; measure online reviews; generate reports on various KPIs (key performance indicators); create forecasts for future occupancy; set dynamic pricing; and integrate with other systems such as point-of-sale systems or loyalty programs.
This data can then be used to implement more strategic rate decisions, allowing for better margins on individual bookings and helping optimize budget allocations across properties. It also helps hoteliers identify any areas where they may be undercharging – resulting in higher overall revenues – or where they might be overcharging – resulting in lost customers due to price discrimination. Revenue management software also allows for better forecasting by enabling users to accurately predict what rooms will be booked when, allowing them to adjust rates accordingly in order to fill unsold rooms or allocate more resources toward filling high demand slots.
Furthermore, this software typically includes automation capabilities that streamline administrative tasks such as sending emails notifying customers of promotions or upcoming events. This can save time while still delivering personalized messages that encourage customers to book directly through the website rather than through third-party channels or agents who typically take a large cut from any booking revenue. Automation also makes it easier for staff members who are unfamiliar with coding languages like HTML or CSS since all they need is basic knowledge of how the system works – no programming is required.
Overall, revenue management software provides invaluable insights into how guests use your property so you can better tailor your services for maximum success. With increased efficiency and improved profitability metrics available at your fingertips, you’ll have all the tools you need to keep your business running smoothly while ensuring maximum returns on your investments.
Features of Hotel Revenue Management Software
- Pricing Optimization: Hotel revenue management software provides pricing optimization, allowing hotels to adjust their prices in order to maximize revenue. This feature automatically identifies the optimal price for each booking period, taking into account key factors such as market demand, competitor rates and hotel occupancy levels.
- Demand Forecasting: Hotel revenue management software helps hotels forecast future demand by analyzing past trends and current market conditions. This enables managers to make decisions about room rates and inventory ahead of time, giving them a better chance of achieving maximum profitability for their business.
- Reporting & Analysis: The software provides an array of reports that help hotels track performance across all channels, such as occupancy rate, average daily rate (ADR), revenue per available room (RevPAR), total revenue and more. Users can also drill down into more detailed data to assess how different pricing strategies are impacting their revenue.
- Channel Management: Hotel revenue management software allows users to manage their online presence across multiple channels and ensure they have the best rates available on each platform. It also automates distribution processes so they can quickly publish updated information while avoiding costly manual errors.
- Group Negotiation Tools: With this feature, users can negotiate bulk bookings online with travelers or travel agents via a secure platform. This makes it easier for managers to monetize group bookings while ensuring they aren’t cutting into their overall rate strategy.
- Automation & Alerts: The software automatically updates data in real-time and generates alerts whenever certain predetermined thresholds are met or exceeded. These alerts enable managers to take swift action if needed in order to capture last-minute opportunities or prevent revenues from slipping away due to competitive pressures or changing market conditions.
What Types of Hotel Revenue Management Software Are There?
- Property Management System (PMS): A Property Management System (PMS) is a software system designed to streamline operations in the hospitality industry, such as check-in/check-out processes, managing room inventories and rates, handling accounting and financial reporting, and more.
- Central Reservation System (CRS): A Central Reservation System (CRS) is a hotel software tool used primarily for taking reservations from online distribution channels such as booking websites or Global Distribution Systems (GDSs). This type of software also has other functions such as tracking inventory availability at multiple outlets, applying rate restrictions and discounts automatically, providing access to up-to-date reservation information in real time across multiple outlets for reporting purposes.
- Revenue Management Software: Revenue management software helps hotels maximize their revenue by analyzing market trends and competition data to determine the optimal prices for rooms. The system may also offer additional features such as forecasting future demand levels, optimizing resources allocation or estimating potential revenues from different sources.
- Channel Manager: A channel manager is a piece of hotel technology that allows properties to manage all their distribution channels—such as OTAs like Booking.com and Expedia—from a single platform. It updates rates and inventory across those channels in real time, so if a room is booked on one channel then it’s no longer available on the others.
- Analytical Reporting Tool: An analytical reporting tool provides detailed insights into how well a hotel is performing with regards to revenue management techniques. These tools can track key performance indicators related to occupancy rates, average daily rate achieved compared to budgeted rate, market penetration metrics and more. They are essential in helping hotels make strategic decisions about pricing strategies going forward.
Hotel Revenue Management Software Advantages
- Maximize Revenue: Hotel revenue management software helps to maximize a hotel’s total room revenue and overall profitability by increasing occupancy levels. This can be done by optimizing pricing, analyzing customer data, and offering relevant promotions to guests.
- Make Data Driven Decisions: Hotel revenue management software can help hotels make more informed decisions based on real-time data, such as booking patterns and trends, online reviews, and competitor information. This can help maximize profits by adjusting prices in response to market demands.
- Automate Revenue Process: Hotel revenue management software automates the tedious task of manually setting room rates and inventory levels for multiple days at once, freeing up staff time to focus on other areas of the hotel operations. It also simplifies pricing across multiple distribution channels such as OTAs or corporate clients.
- Optimize Prices: Hotel revenue management software uses advanced algorithms to suggest optimal prices for different rooms in different seasons or markets. By using this technology, hotels can adjust their prices quickly in response to dynamic market conditions and capitalize on short term opportunities.
- Analyze Competitor Pricing: With hotel revenue management software, hotels are able to analyze their competitors’ pricing strategies in order to set comparable or better rates that will attract more customers while still maintaining a healthy profit margin.
- Forecast Demand & Revenues: Hotel revenue management systems provide detailed forecasts of future demand that enable hotels to prepare for upcoming events, plan staffing needs accordingly, and identify potential areas for cost savings during times with low occupancy levels.
What Types of Users Use Hotel Revenue Management Software?
- Hotel Owners/Operators: These individuals use revenue management software to maximize profits and minimize costs. They can track room rates, occupancy levels, and other data in order to make informed decisions about pricing strategy.
- Revenue Managers: These professionals use the software to craft pricing strategies and identify opportunities for revenue improvement. They also have access to tools that allow them to investigate market trends and competitive conditions.
- Business Development Managers: These individuals use revenue management systems to identify business opportunities, develop relationships with corporate accounts, and negotiate strategic partnerships.
- Group Sales Managers: This user group utilizes the software's forecasting capabilities to analyze group sales demand patterns and determine pricing strategies for peak periods. They are also able to create automated promotional campaigns that target potential customers during certain times of the year.
- Front Desk Managers: Front desk managers use revenue management systems for operational tasks such as setting up daily rate plans for guests, tracking promotions, and adjusting inventory availability based on current market conditions.
- Financial Analysts: Financial analysts rely on revenue management systems for reporting purposes such as creating financial statements or monitoring budget performance over time. They often review reports generated by the system in order to assess overall performance against industry standards or competitors’ performance levels.
How Much Does Hotel Revenue Management Software Cost?
The cost of hotel revenue management software varies greatly based on the features, complexity and size of the system. Additionally, costs can vary depending on whether you opt for an off-the-shelf system or have one custom built for your specific needs.
For a basic system that includes reporting, forecasting, and pricing optimization capabilities, you’re looking at a price range between $5,000 to $20,000 for off-the-shelf software packages. For custom built systems with more robust features such as dynamic rate control and demand analysis capabilities, the total cost could be anywhere from $100,000 - $500,000.
Additionally, there are several monthly subscription options available from various companies that offer varying levels of software functionality at different price points. These fees typically include maintenance fees as well as any additional support services requested by the customer.
When shopping around and comparing prices it is important to consider not just the upfront cost of purchasing and implementing a revenue management system but also any ongoing support and user fees associated with it. Ultimately, doing research on different products will ensure that you find the right hotel revenue management software solution that gives you all the features necessary while still staying within your budget.
Hotel Revenue Management Software Integrations
Hotel revenue management software can integrate with a variety of types of software, including hospitality property management systems, customer relationship management (CRM) systems, central reservation systems (CRS), sales & catering systems, and analytics tools. PMSs provide the operational technology needed to run a hotel’s day-to-day operations. CRMs store customer data and facilitate communication between customers and hotels. CRSs provide access to inventory across all distribution channels, allowing guests to book reservations. Sales & catering systems help manage groups or events that require multiple pieces of information to be tracked across many different vendors. And analytics tools help hotels track performance metrics such as occupancy rates, ADR, RevPAR, and more. By integrating these different types of software together with hotel revenue management software, it creates more seamless solutions for hotels to increase their efficiency and profitability.
Hotel Revenue Management Software Trends
- Increasing Automation: Hotel revenue management software is becoming increasingly automated, allowing businesses to optimize pricing in real-time and take advantage of dynamic pricing trends.
- Greater Insight: Hotel revenue management software is giving managers greater insight into their customers, allowing them to better segment their target audience and create personalized marketing strategies.
- Improved Analysis: Hotel revenue management software is enabling businesses to analyze data more quickly and accurately than ever before, providing valuable insight into customer behavior that can be used to improve pricing, promotions, and overall profitability.
- Ease of Use: Hotel revenue management software has become much more user-friendly, with intuitive interfaces that make it easier for businesses to quickly adjust prices without the need for technical expertise.
- Expanded Functions: Hotel revenue management software has expanded its capabilities to include features such as integrated booking engines, loyalty programs and analytics tools. These additional functions allow businesses to better understand their customers and maximize profits.
How to Choose the Right Hotel Revenue Management Software
- Analyze Your Current Needs: Take a look at your current needs and goals as well as any future needs you may have, such as integrating with other software or expanding inventory options. Make sure to consider the size of your property and ask yourself if the software has enough features to meet your needs.
- Compare Software Options: Once you know what features you need, compare different solutions based on cost, customer support, integration capabilities and scalability. Make sure to read up on reviews to see how users rate their experience with each potential provider.
- Test Out Solutions: Before making a purchase decision, it’s important to test out different solutions in order to get an idea of how they feel when using them. This is especially important if there’s a steep learning curve for new users or if tech support will be necessary for staff members who aren’t familiar with this type of software.
- Ask Questions & Seek Advice: Don’t be afraid to ask questions and seek advice from those who have implemented similar systems in their own businesses before purchasing yours. Consider also speaking with vendors directly about their solutions before making a final decision.
Compare hotel revenue management software according to cost, capabilities, integrations, user feedback, and more using the resources available on this page.