Revenue Management Systems Marketplace
A Revenue Management System is a software that recommends the right room rates and sends updates, either manually or automatically to the Channel Manager or Property Management System. A RMS allows you to use the power of technology to automate time consuming manual processes, leading to higher efficiency in business operations. It is important to choose the right RMS solution suiting your own pricing strategy and objectives.
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N2Pricing is a new kind of revenue management system: lower costs, better forecasting, multi-property workflow, and more.
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Simple but amazingly efficient and fully automated dynamic pricing solution. The Holy Grail for small to medium sized hotels! Usable with little professional experience.
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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.
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Definitely the most advanced solution existing on the market. Recommended for big hotels, resorts and chains looking for the best solution to manage pricing.
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An intelligent assistant for hoteliers to increase revenue thanks to dynamic pricing: Lybra is using big data to determine ideal room rates in real time for accurate Revenue Management.
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RevControl, the Dutch cloud based revenue management system, offers comprehensive analytics, competitor rate shopping and automatic recommended rates.
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An easy and simple revenue & yield management system for all hotels to increase revenue through data analysis, forecasting, price decisions and automation.
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An affordable and fully automated revenue management solution to dynamically find optimal rates using advanced data science and machine-learning techniques.
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Atomize automatically sets optimal rates for every room type and is recommended for hoteliers looking for a hands on approach to Revenue Management.
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An efficient and modern tailored RMS solution using Machine Learning to offer real-time recommendations and forecasting. Ideal for bigger hotels & independent chains interested in cutting edge Revenue Management.
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Gamechanger is a Revenue Strategy powerhouse allowing individual sources and room types segmentation with automated insights. Duetto is the leader in fully dynamic room pricing.
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A dynamic pricing tool to automatically optimize your Airbnb pricing and helps increase your average daily rate and occupancy.
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Dynamic pricing through hyper-local analytics to maximize revenue growth for vacation rental owners and managers.
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Simple but amazingly efficient and fully automated solution. The Holy Grail for small to medium sized hotels! Usable with little professional experience.
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An affordable tool to support your pricing decisions created to increase the volume of hotel reservations.
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Takes into account the historical and current booking situation, competitor rates, market demand, events, holiday times, weather, guest reviews, and much more.
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Climber’s polished hotel analytics and smart pricing software empowers revenue managers with the information they need to make confident decisions.
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Why Do You Need a Revenue Management System?
Revenue Management Systems (RMS) are software built to assist with Revenue Management. They allow revenue managers to leverage hotel room supply and real-time market data to increase profits and strengthen competitive advantage. Advanced algorithms will highlight trends and recommends optimal room rates to assist daily yield management updates and general revenue management strategy.
These days, most modern Property Management Systems and Channel Managers can directly integrate with Revenue Management Systems to automatically update prices in real time. You can also choose from dedicated RMS for small, medium, and independent properties.
How to Get Started with a Revenue Management System?
Getting started with a Revenue Management System seems comprehensive. But with the right help, you can easily compare multiple options available in the market. It is necessary to build a roadmap for the next few months, consider various features, and choose a comprehensive RMS to manage revenue operations at your property. Here is how to choose a good RMS for your business.
Start with a Consultation with a HotelMinder Expert
HotelMinder has a global team of experts working in the hospitality industry for many years. Our combined experience in operations, sales, marketing, and technology helps us guide our partners to the best tools and solutions available to increase revenue. We take a comprehensive approach to deliver on our promises, and offer multiple solutions, depending on partner budget, requirements, objectives, and goals.
Tailored Hotel Management — our affordable and comprehensive tailored management service is designed for small and medium sized independent hotels and hotel chains to help them achieve defined objectives.
Planning & Implementation — we help you set up the right objectives, define needs, upgrade your existing technology solutions, start marketing campaigns, give insights on current industry trends, conduct audits of your property's technology and operational status, and provide a comprehensive roadmap to achieve goals.
Partial or Complete Health Audit — our health audits offer a holistic view of your hotel marketing, operations, strategy, and technology. Assessed by industry experts, our audits help you get strategic data of business KPIs, tailored to your specific requirements.
1-to-1 Expert Session — indulge in a consulting session with experienced hospitality consultants, including HotelMinder's Co-founders. The rich expertise and a talented pool of industry veterans can help you start a new project, choose an application or service, solve a problem, or get insights on marketing, revenue, operations, and technology.
When you get started with HotelMinder, we guide you to the right path, manage the project, tailored to the category of services you require. With a detailed Planning & Implementation phase, we make sure all your expectations our met in the most efficient and timely manner.
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