Top 10 List of the Best Hotel Revenue Management Systems (RMS) of 2023
A Revenue Management Software (acronym: RMS) automates the process of leveraging analytics. In the hospitality industry, it’s used to determine the right price for hotel rooms, thereby maximizing profitability and revenue.
Also called a Yield Management System and Pricing Engine, such a tool is important for all kinds of hotels, small and big, including Chain Hotels, Independent Hotels, Bed & Breakfast, and more.
Do you need a RMS software to help you & your Revenue Management team make better pricing decisions? Unless your room prices are particularly static and that you have perfect control of demand - the answer is: yes!
In this article, we're going to look at:
- What are the major advantages of using RMS systems to automate your hotel revenue management?
- What features should you compare when looking at different revenue management solutions for your independent hotel?
- What are the best revenue management software for hotels available on the market today?
What are Main Benefits of Hotel RMS Systems?
With a Revenue Management Software, a hotelier is able to sell the right product to the right customer on the right distribution channel for the right price.
The tool uses historical data, market triggers, and demand signals to give insights and recommendations for each room type and segment at the property.
The information you receive is channel-specific, allowing you to price accordingly on multiple distribution channels.
High accuracy
A good RMS considers a wide range of data - historical and futuristic - to make automated forecasts about the budget and revenue.
As such, the data you receive is highly accurate, allowing you to determine the exact demand and supply for 365 days in a year.
With accurate forecasts, each department is able to make smarter sales, marketing, and operational decisions.
Better operational efficiency

When you automate the revenue management process with a tool, you no longer have to manage dozens of reports and spreadsheets.
There’s no need to calculate everything in your head! With a Revenue Management Software running these processes in the background, your staff can focus on strategic thinking around guest service, marketing, and branding.
Improved RevPAR
A Revenue Management Software is designed to find the right mix for optimal business. Its primary goal is to balance occupancy and ADR to drive more revenue per available room. A modern-day RMS deducts acquisition and labor costs to help you make better financial decisions.
What are the Most Useful Features of Revenue Management Solutions?
With many RMS tools available in the market, it can be hard to make the right choice. For instance, in recent years most Revenue Management Software have moved from on-premise systems to Cloud-based applications. As such, multiple users can log in simultaneously to check data, interpret market triggers and price rooms accordingly.
Similarly, integration with other tools is important. In order to choose the right RMS for your hotel, it’s important to consider the features that you will need.
Integrations
Your Revenue Management Software should seamlessly integrate with PMS, CRM, CRS, and booking engine. It should be a two-way connection, allowing the multiple systems to communicate with each other and share data.
Open Pricing
A good RMS allows you to price distribution channels and room types independently of each other. It shouldn’t focus too much on a set BAR price.
Cloud technology

As mentioned earlier, most Revenue Management Software are available as Cloud-based applications. This allows multiple systems to share data and provide you with better insights.
Moreover, all the data in a Cloud-based architecture is stored and delivered in real-time, minimizing the scope of error.
Intelligent reporting
Without Intelligent Reporting, a Revenue Management Software is pointless.
The tool should be able to build, share, and export critical reports, giving you more time to focus on strategic operations.
Each member of your revenue team should be able to share data with just a few clicks.
Are you looking to:
- Optimize occupancy, revenue or ADR?
- Upgrade your software stack?
- Solve a distribution or tech issue?
- Improve your hotel online marketing?
Are you looking to:
- Optimize occupancy, revenue or ADR?
- Upgrade your software stack?
- Solve a distribution or tech issue?
- Improve your hotel online marketing?
List of Best the Revenue Management Software for Independent Hoteliers
In order to provide you with the most accurate and useful information possible, the solutions listed below are ordered as per their popularity on HotelMinder Marketplace. Note that some of our partners pay a yearly fee in exchange for marketing opportunities on our platform and that we may earn a commission when you buy a third-party product or service from this website.
We know that one solution cannot suit all types of properties: the best software or service for your hotel is the one that fits your specific requirements, objective and budget. If you are looking for professional guidance on what you really need, how to choose it, install it and use it — then look no further.


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.
Recommended for small and medium hotels, hostels and short-term-rental properties in Europe, North America, Asia-Pacific, Middle East and Africa and Central and South America. Recommended for economy and midscale properties.
Starting at €90 for the all-in-one solution including PMS, Channel Manager and Booking Engine - for a few units and for the most basic package. Price increases depending on the property size, number of units and functionalities. Modules like PIE can be added for an additional fee.
Simplotel | Pace Revenue | Beyond Pricing | RoomPriceGenie | Duetto | Atomize | PriceLabs | GuestJoy | Oaky | REVX | Roommatik | BEONx | Breezeway | CartStack | Civitfun | Lightspeed | Paypal | Stripe | TrustYou | UpsellGuru | Whistle | Zapier | Your own website | GuestRevu | AdriaScan |


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.
Recommended for small and medium hotels in Europe, North America, Asia-Pacific, Middle East and Africa and Central and South America. Recommended for economy and midscale properties.
The Basic autopilot plan covers a 12-month booking window and updates your prices once per week. Great pricing with huge time savings. €5.40 per room per month, billed monthlyStarts at (minimum invoice amount) €119 per month The Flexible autopilot plan covers an 18-month booking window and updates your prices 7 times per day. This plan comes with everything you need for incredible prices! €7.80 per room per month, billed monthly. Starts at (minimum invoice amount) €191 per month.
Hotel Spider | Guestline | Protel | Apaleo | Clock | Ibelsa | Little Hotelier | InnGenius | Seekda | MappingMaster | OTA Insight | RMS Cloud | Seekom | Semper | Vertical Booking | WebHotelier | reconline | Mews | SiteMinder | Beds24 | Booking Factory | 5stelle | RoomRaccoon | CultBooking | Thais | Cloudbeds |


Aiosell is an ALL IN ONE Hotel Management System with in-built Property Management System (PMS), Channel Manager (CM), Revenue Management System (RMS) and Website Booking Engine (BE).
Aiosell provides a fully unified cloud based Property Management System for hotels that integrates seamlessly with the Revenue Management System, the Channel Manager, Reviews Manager, Booking Engine, and Reporting System to provide an All-In-One consolidated solution.
Recommended for large hotels in Asia-Pacific and Middle East and Africa. Recommended for economy and midscale properties.
Channex | Clock | IDS Next | eZee | D-EDGE | Hotelogix | Oracle | Reznext | Sabre | WINHMS | Stripe | STAAH | WuBook |
Are you looking to:
- Optimize occupancy, revenue or ADR?
- Upgrade your software stack?
- Solve a distribution or tech issue?
- Improve your hotel online marketing?
Are you looking to:
- Optimize occupancy, revenue or ADR?
- Upgrade your software stack?
- Solve a distribution or tech issue?
- Improve your hotel online marketing?


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.
Recommended for medium and large hotels and hostels in Europe. Recommended for economy and midscale properties.
From 9€ per room per month with a minimum of €500
HotelTime | Mews | Misterbooking | Protel | SiteMinder | Apaleo | Clock | 5stelle | RMS Cloud |


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.
Recommended for large hotels in Europe, North America and Asia-Pacific. Recommended for midscale and upscale properties.
On demand.
HQ revenue | Noovy | HotelTime | Mews | RateTiger | STAAH | SiteMinder | Agilysys | Protel | OTA Insight | TrustYou | Guestline | Infor | SIHOT | Clock | NewHotel | Maestro | WebRezPro | Newbook | StayNTouch | RMS Cloud |


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.
Recommended for medium and large hotels in Europe, North America, Asia-Pacific, Latin America and Middle East and Africa. Recommended for midscale and upscale properties.
Mews | Dingus | Protel | Oracle | Misterbooking | SiteMinder | Octorate | CLEVER Hospitality Analytics | TravelLine |


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%!
Recommended for small and medium hotels in Europe, North America, Asia-Pacific, Latin America, Middle East and Africa and Central and South America. Recommended for economy and midscale properties.
From $129 to $199 per month (depending on the region) without a setup fee.
FrontDesk Master | SiteMinder | WuBook | Booking Factory | Passepartout | Reservation Key | Little Hotelier |
Are you looking to:
- Optimize occupancy, revenue or ADR?
- Upgrade your software stack?
- Solve a distribution or tech issue?
- Improve your hotel online marketing?
Are you looking to:
- Optimize occupancy, revenue or ADR?
- Upgrade your software stack?
- Solve a distribution or tech issue?
- Improve your hotel online marketing?


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.
Recommended for small, medium, and large hotels in Europe. Recommended for economy and midscale properties.
5€ per hotel room per month for the yielding tool and algorithm. Analytics from Property management system is free.


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
Recommended for medium and large hotels in Europe. Recommended for midscale and upscale properties.
Starting from EUR299 per month
OTA Insight | Mews | Clock | HotelTime | N. Hall Consulting | Protel | Winhotel | Apaleo |


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.
Recommended for large hotels in Europe, North America, Asia-Pacific, Middle East and Africa and Central and South America. Recommended for midscale and upscale properties.
HotelTime | Mews | N. Hall Consulting | SiteMinder | OTA Insight | Revinate | Guestline | WebRezPro | Protel | BeOnPrice | Frontdesk Anywhere | GuestCentric | StayNTouch | Omnibees | HQ revenue | Agilysys | Infor | RMS Cloud | Medialog | Cloudbeds |
Conclusion
If you didn’t find a suitable solution on this list, have a look at our Partners Marketplace for more options and special offers.
While we’ve tried to cover most top-rated Revenue Management Software available in the market, the list is endless.
With a wide range of choices, the decision might seem overwhelming. After all, it’s a long-term commitment that directly impacts your revenue and business.
Whichever system you choose; we encourage you to have one for your property unless you are really managing your rates and checking your competition on a regular basis. The long term benefits of investing in a good RMS are well worth the initial investment.
And if you're confused, why don’t you get in touch with an expert?
At HotelMinder, we assist ambitious entrepreneurs manage small and medium independent hotels and chains ranging from around 15 to 150 rooms, so we know and understand how automation with the right tech is essential for a successful hotel business.
Planning the selection and implementation of your new solution with an expert is the only way to ensure you are making the right choice through smart and informed decision making while avoiding pitfalls. Not having to go through dozens of different vendors sales pitches will save you a lot of time, confusion and pressure.
The assurance you are moving forward with the right solution from the start will make you an
efficient decision maker while guaranteeing no costly mistake is being made.
We help busy hoteliers find, setup and run the right applications and services to manage business according to their needs, budget, technical and human resources requirements.
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Firstly, we assess
We evaluate objective(s), defining opportunities and setting goals.
Then, we plan
We make a plan detailing what should be done to help reach set goals.
Finally, we make it happen
We implement change, as planned, within set timeline and budget.
Firstly, we assess
We evaluate objective(s), defining opportunities and setting goals.
Then, we plan
We make a plan detailing what should be done to help reach set goals.
Finally, we make it happen
We implement change, as planned, within set timeline and budget.