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

Founded in 2012, Cloudbeds is the hospitality industry's fastest-growing technology partner, serving a global customer base of thousands of properties across 157 countries.

Its award-winning Cloudbeds Hospitality Platform seamlessly combines operations, revenue, distribution, and growth marketing tools with a marketplace of third-party integrations to help hoteliers and hosts grow revenue, streamline operations, and deliver memorable guest experiences.

Cloudbeds was named No. 1 PMS and No. 1 Hotel Management System by Hotel Tech Report in 2022, Best PMS and Best Channel Manager by the World Travel Tech Awards in 2021, and has been recognized by Deloitte's Technology Fast 500 in 2021.

RoomPriceGenie is a pricing tool designed for owners of independent accommodations who require the best possible pricing with the least possible work. RoomPriceGenie is the no-brainer for accommodation owners that want to automate their pricing routine!

When your potential guests book online, having the right price at the right time is key. And setting the optimal price several times per day is no longer a luxury but an essential element of your daily routine. That is why we make dynamic pricing available to everyone.

Eliminate the daily grind with a great 2-way connection to many PMS and Channel Manager solutions, automate your pricing and receive a high return on your investment.

Features:
• Fully automated, hands-off, dynamic pricing
• Updates 7x per day
• Easy set-up & use
• Free 2-week trial to experience our added value

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.

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.

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.

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%!

happyhotel is a cloud-based hotel software specially designed for small and medium-sized hotels but it can be used by all hotel sizes. Hoteliers can achieve more revenue without a great deal of prior knowledge. The hotelier gets past, current and future values of RevPar, Occupancy, ADR and Revenue.

Through the booking pace graph and on the books evaluation the hotelier can react to the current market conditions. Furthermore, the hotelier can review the important reports every day and get an alert if the values do not correspond with the budget.

happyhotel uses a special formula and an algorithm that gives the hotelier the best price recommendation for his hotel or each of the hotel segments and room types. With an interface to the hotel PMS happyhotel gets all data to analyze the hotel. happyhotel facilitates the hotelier's life through automatic processes so that he can concentrate on other things.

After you have tested the demo for free, happyhotel support team will set up an account with your hotel data and establish the connections to PMS and Channel Manager.

Atomize is a lean Revenue Management Software designed for hoteliers who want to do more with less. Based on the latest innovation in price automation, Atomize transforms market data into revenue by delivering optimal prices in real time, 365 days into the future.

With Atomize you go beyond manual and rule-based revenue management tactics and benefit from true artificial price intelligence. Through real-time price optimization, Atomize makes sure you benefit even from the smallest changes in the market to attract more bookings at optimal rates.

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.