Top 10 List of the Best Hotel Revenue Management Solutions (RMS) of 2023

The Cloudbeds Pricing Intelligence Engine (PIE) empowers properties to take their pricing strategies into their own hands and automate the adjustment of rates in the PMS.

PIE uses performance data, local market data, competitor rates, and other applied analytics to predict consumer demand to maximize revenue and profits.

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.

RoomPriceGenie 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.

The happyhotel revenue and yield management system has a simple dashboard that supports the hotelier in the data analysis of the most important hotel KPI's.

In the analysis area the hotelier can compare and analyze the different hotel KPIs. Turnover, RevPar, ADR and occupancy as well as the booking curve and pickup are displayed. Furthermore, the KPIs can be displayed for booking channels and market segments.

In the Prices section, the hotel's prices and rates are dynamically adjusted. The algorithm detects fluctuations in demand and, using simulation models, calculates the best possible price for a certain period of time that can be achieved on the market.

Through the event calendar you always have the most important dates in view. In addition, the importance of an event can be defined by a slider and thus it can be determined whether the algorithm should include the event in the price calculation.

IDeaS, a SAS company, is the world's leading provider of revenue management software and services. With over 30 years of expertise, IDeaS delivers revenue science to more than 13,000 clients in 140 countries. Combining industry knowledge with innovative, data-analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated decisions they can trust.

IDeaS is not a recommendation System but a decision System, influenced by demand, competitors, volatility & uncertainty of market segments: it doesn't need human interaction to make a decision. It is the only RMS solution on the market able to make intelligent Minimum Length Of Stay Restrictions updates, depending on forecasted demand and customer behavior. It is also the only system allowing you to overbook by automatically estimating how many no-shows or last minute cancellations will occur and adjust availability accordingly.

Contrary to what it might look like, IDeaS caters to every type of hotels, from big chains to smaller boutique hotels. IDeaS RMS (G2) only consider internal hotel data to take pricing decisions, while the more modern G3 also relies on market data to build segmented insights. Several addons modules are available, such as the 'Group Evaluation' module for group pricing recommendation accounting for ancillaries revenue streams.

You need proper training to manage IDeaS G3, but it is extremely well design and organized: important alerts are displayed in the Information Manager dashboard, while the At A Glance page offers color coded KPI insights in an easy to digest way. Finally, the Business Analysis module allows seasoned revenue managers to drill down into the data that matters: pace, lead time, booking sources, market segments, etc in order to understand customer behaviour.

A Zucchetti company — Lybra's real-time, machine learning, demand-centric Assistant RMS is a sophisticated, flexible, module-based machine learning revenue management system, which will simplify and automate your property's daily revenue management operations to boost occupancy, ADR and RevPAR – even in times of depressed demand, like the COVID-19 pandemic.
Pricing in Unprecedented Market Conditions The COVID-19 pandemic has changed revenue management forever. Future and historical data is no longer the most effective data to determine room rates because our current market conditions are completely unheard of in our lifetimes.
The best way to remain competitive in a depressed market is to use an RMS that uses the right data to provide the most accurate pricing suggestions - and that's where Lybra's Assistant RMS beats the rest.
Lybra's Assistant RMS uses machine learning to effectively analyze all available Big Data – prioritizing market and competition data, instead of historical ­– to more accurately determine a property's demand and offer price suggestions that will help hotels get more bookings and increase revenue.
As a result of Lybra's recent acquisition by The Zucchetti Group, Zucchetti's global booking data - collected from the company's hospitality subsidiaries – has been integrated into Lybra's Assistant RMS; this integration gives the RMS access to an unparalleled amount of global market and demand data, maximizing the accuracy of the solution's price suggestions, no matter how the pandemic affects market demand.
Use Big Data to Determine the Right Room Rate in Real-Time Lybra's Assistant RMS has the ability to analyze data exponentially more quickly than a traditional RMS, making it possible to review forecasting data in real-time – a feat that humans can never hope to accomplish.
Even though other RMS companies advertise that their solution calculates room rates in real-time, in actuality, they don't have the ability to collect and analyze data, and offer pricing suggestions, based on REAL market conditions.
Lybra's Assistant is the only RMS that uses machine learning technology that is advanced enough to process Big Data in real-time, as the market changes, for all types and sizes of hotels.

Atomize Revenue Management Software includes what your team needs to optimize revenue, drive profitability, save valuable time and outperform your competitors. 
• Price automation
• Real-time pricing
• Dynamic price recommendations
• Competitor rate intelligence
• Multi property suopport
• BI & Reporting
• Future demand insights
• Mobile friendly
• Cloud based
• Group pricing

Pricepoint is disrupting legacy hotel technology, by providing automated updates and pricing recommendations directly to OTAs with user notifications via our web or mobile app.

Pricepoint experienced team of revenue managers and data scientists work around the clock in real-time to forecast your demand and find your optimal rates, using advanced data science and machine- learning to keep your hotel competitive and boost hotel revenues by up to 25%!

Duetto Revenue Management System enables hoteliers to leverage big data from the hospitality industry in order to gather actionable insights and power real time personalization of their revenue strategy.

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.

Duetto intelligent reporting solutions empower revenue managers to outperform their respective revpar index with innovations like open pricing.

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.

• Extensive Business on the Books Analytical Reports
• Pickup Alert Notification
• Competitor Rate Intelligence
• Recommended Rates 365 days, calculated up to 4 times per hour
• Manual Rate Export to PMS or CM
• AutoPublish - Automated Rate Export to PMS or CM
• Premium Competitor Rate Intelligence
• Trend Report and Trend Graphs