Best Hotel Revenue Management Solutions (RMS) of 2020

December 04, 2019 by Mimoza Spasovska in Applications 5 min Read


Room Price Genie

Room Price Genie Logo

A simple but amazingly efficient and fully automated solution. The Holy Grail for small to medium-sized hotels!

Smart 365 days strategic foresight with intelligent pricing recommendations, updated multiple times a day to optimize your occupancy and revenue.

Room Price Genie allows you to update all prices in your PMS or Channel Manager with a single click, or you can allow auto-updates whenever there is new information available.

One of the easiest RMS to manage in the market, it can be almost fully automated. You always keep full control by setting up minimum and maximum prices, and you can manually overwrite prices at any time for any date.


Screenshot(s)

Room Price Genie Screenshot

Connections / Integrations

Booking Factory, Mews, Protel Air, Clock, Seekom, Siteminder, Beds24, Hotel Spider, Cover, Guestline, Inngenius, Wubook


Pricing

From 95$ per month


We Recommend For

Small to Medium Hotels requiring a a powerful solution allowing them to automate Revenue Mangement.


Links

Room Price Genie Website
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LodgIQ

LodgIQ Logo

LodgIQ is a powerful cloud-based platform which summarizes all market intelligence and price suggestions in a single view. Simple and easy to use and understand, it features smart alerts which help you deliver optimized price recommendations in real time.

LodgIQ analyses numerous market variables, including the current supply and demand for the destination, room rates of direct and indirect competitors, historical rates, local events, and many other variables.

It allows users to quickly note and share data, graphs, pricing grids, and reports, to choose up to ten competitors in a set and to act on intelligent pricing recommendations and manage any property on the go with a mobile app. Once you get recommended rates, just approve and send. It’s that simple.


Connections / Integrations

Mews, Protel Air, Autoclerk, NewBook PMS, RoomMaster, Agilsys, Siteminder, D-Edge, Seekda, Vertical Booking, Opera, StayNTouch, BookingSuite and more.


Pricing

Not public - from €250/Month minimum


We Recommend For

Medium to Big Hotels requiring a powerful solution to assist Revenue Manager.


Links

LodgIQ Website


Lybra Tech

Lybra Tech Logo

Lybra takes a novel approach to Revenue Management and offers an intelligent assistant allowing you to make smart and data-driven decisions in a few seconds.

Lybra collects data from OTAs, Tour Operators, Wholesalers, and Event databases. The Artificial Intelligence then analyses the data to give you information about how your Hotel’s value is perceived by online travelers in each moment.

Lybra A.I. connects with your PMS to collect all your reservation data and correlate it with Big data available in your market. An easy-to-use reporting tool that helps you keep track of your revenue performance.


Connections / Integrations

Mews, Octorate, Protel Air, Opera, 5stellle, HotelCube


We Recommend For

Big and Medium Hotels looking for an innovative solution.


Links

Lybra Tech Website

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Pace

Pace Logo

Pace gives hotels real-time forecasting, price sensitivity analysis, and automation. Hotel owners can use Pace to rapidly respond to price changes and always get the right bookings at the right prices and at the right time.

The system uses machine learning and statistics to turn pricing into a real-time and fully automated recommendation engine.

Pace helps Revenue Managers forecast future revenues from on-the-books reservations and optimises rates efficiently.


Connections / Integrations

Mews, =Protel Air, Oracle, Siteminder, Apaleo, Clock, 5stelle


Pricing

From 6€ per room per month


We Recommend For

For busy Revenue Managers looking for a solution to help them with daily work.


Links

Pace Website


Climber

Climber Logo

Climber RMS is an intelligent solution which automatically detects new revenue opportunities and recommends on-time actions. The software gives you optimal pricing suggestions for each type of room on any given day.

It has a simple and clean design to help you analyse your data and provides automatically generated reports on your hotel, with all the key performance indicators.

It also offers daily notifications on important occurrences to help you take immediate action regarding availability, pricing, campaigns, group management, overbookings etc.

Note that Climber doesn’t make the decision for you, but lets you make independent decisions following recommendations.


Connections / Integrations

Mews, Protel Air, Snapshot, Oracle, 5stellle, Hotelogix, Otello, Stardekk, StayNTouch


Pricing

Not public


We Recommend For

Big Hotels looking for tailored professional Revenue Management service.


Links

Climber Website


Atomize

Atomize Logo

Atomize provides real-time data by continuously analysing the competitors, web-searches and historical data in order to help hotels predict and maximize profits. It automatically recommends the right price at any given moment, for every channel and room type.

Real-time data from competitors, web-searches, and the PMS are continuously processed, aiming to give you the edge over your competition.


Connections / Integrations

Mews, Protel Air, Apaleo, Clock, Oracle


Pricing

Starting from €299 per month


We Recommend For

Medium and Big hotels looking for a tailored solution.


Links

Atomize Website

Ready to take your hotel to the next level?

At HotelMinder we take care of your property online so you can focus on your guests.

Get in touch


PIE

PIE Logo

PIE is an integral part of the Cloudbeds suite of applications. While PIE (Pricing Intelligence Engine) is more of a rate shopper and/or price recommendation engine than a fully fledged Revenue Management System, it definitely deserves to be mentionned here.

It works as a revenue management tool within the Cloudbeds PMS and gives you real data updates for up to five competitors. PIE lets you set several rules, restrictions, and events that will alert you to make better decisions on your pricing.

Everything is clearly visible on one dashboard - your Cloudbeds PMS! It’s a new tool and very promising, especially for properties that are already using Cloudbeds PMS.


Connections / Integrations

Cloudbeds, MyAllocator


Pricing

Starting price is around 90 EUR for an all-in-one solution.


We Recommend For

Small to Medium Hotels, Hostels, and Vacation Rentals. It is a powerful system with a fast and integrated channel manager.


Links

PIE Website
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BeOnPrice

BeOnPrice Logo

BeOnPrice maximizes profitability based on quality indicators and market segmentation. It’s a smooth, integrated package featuring real time comparison of competitor prices, room availability, and demand.

This system detects disparities and minimum stays on your official rates in the main metasearch engines and OTAs while it filters and analyses all reviews and ratings.

An additional feature with BeOnPrice is BQI®, which takes into account more than 21 objective, high-quality features and synthesizes customer behaviour when booking.


Connections / Integrations

Mews, Protel Air, Newhotel, Winhotel, Tesipro, Hotelogix, Siteminder, Guestline, Impala, Clock, Omnibees, YieldPlanet, Dingus, Oracle, D-Edge


We Recommend For

Medium to Big Hotels looking for help and recommendations for optimizing room rates.


Links

BeOnPrice Website


IDeaS

IDeaS Logo

IDeaS revenue management solutions provides the most powerful analytically-driven decisions through an automated machine-learning revenue engine.

Artificial intelligence, powered with extensive market data and property 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 activities.


Connections / Integrations

Protel Air, Amadeus, Guestline, Infor, Oracle, RoomKeyPM , Sihot, Hetras, Newhotel, Maestro, Webrezpro, Mewbook, StayNTouch


Pricing

Very Expensive


We Recommend For

For Big Hotels looking for the best solution and expertise on the market.


Links

IDeaS Website

Mimoza Spasovska

Mimoza Spasovska

Project Manager

Mimoza's journey within the hospitality industry started in 2009 behind the front desks of luxurious hotels of Doha, then Hong Kong, and continued across the globe with Celebrity Cruises.
Determined to learn more about what happens behind the curtain she decided to dive deeper into revenue & distribution management and joined HotelMinder's team in 2016.