As you may or may not know, revenue management involves analyzing vast amounts of data to forecast demand, segment customers and determine the optimal price for each room, based on real-time market conditions, among other factors. By leveraging data analytics and market insights, your hotel can automate the process of anticipating market changes, adjusting pricing and inventory across all online channels in real-time and maximizing occupancy rates without compromising ADR.
Il est impossible de faire cela. efficacement using manual processes… that’s where your new Revenue Management System (RMS) will come in to save the day!
An RMS automatically collects and analyzes huge amounts of data to provide accurate pricing recommendations in real-time. In addition, when your RMS is integrated with a channel manager, the new prices are automatically updated across all the online distribution channels, making your property’s pricing and inventory management a completely hands-off process.
Cependant, tous les RMS ne sont pas créés égaux.
Choosing the best RMS for your specific hotel is an important decision that can greatly impact your property’s financial performance and operational efficiency, both in the short and long term. To help, we created a swipeable 10-step checklist to help you choose the RMS of your dreams.
You’ll find out:
- A few quick and easy ways to get started on your search for the best RMS for your hotel
- Things to consider in the RMS (and it’s not only about features)
- How to calculate the Return on Investment (ROI) of the RMS
- Doing demos at the beginning of this process vs demos with only the best candidates
And much more.
Swipe to the left and follow the steps to find the Revenue Management System match for your hotel.
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