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The primary goal of any hotel is to sell the right room to the right customer through the right channel at the right time. Hotel revenue management software makes this happen easily.
Revenue management is at the forefront of growth in the hospitality industry. You do not want to miss out on the opportunity to make the most of your business. Here, we’ll touch upon the 10 best revenue management systems on the market right now.
Aiosell is an AI-driven, fully automated revenue management system that helps you manage and maintain optimal room rates at all times. The powerful automated system changes the rates in real-time, 24×7, 365 days.
Aiosell’s automated revenue management system helps in making strategic pricing decisions that drive maximum profits. The software offers a range of products that help hotels reduce inefficiencies and increase revenue.
Aiosell uses advanced hotel technology tools, such as artificial intelligence, machine learning and big data, to give efficient results and drive maximum profits. This intuitive and intelligent revenue management software is available for a free 1-month trial.
Atomize’s revenue management systems provide real-time data by continuously analyzing the competitors, web searches, and historical data. Atomize delivers optimal prices per room type, 365 days into the future. This revenue management software is usually recommended for medium and big hotels.
IdeaS’ revenue management software provides the most powerful analytically-driven decisions through an automated machine-learning engine. It is usually recommended for large hotels that are looking for expertise and solutions in the field. The software uses SAS high-performance analytics to incorporate and analyse multiple hotels and market data sources.
Duetto’s revenue management system is smart, agile and efficient. It follows an Open Pricing methodology that allows you to yield unlimited channels, segments, and room types in real-time. It updates automatically without time-consuming and costly upgrades.
From production reports to financial and daily activity reports, Cloudbeds gather market data in real-time effortlessly, enabling hotels to make better pricing and distribution decisions. All the crucial information can be managed, maintained and stored on a single platform.
BeOnPrice is the cloud revenue strategy solution that uses Artificial Intelligence to help increase the profitability of your hotel. The revenue management system enables hotels to maximise profits based on market segmentation and quality indicators. BeOnPrice is recommended for medium to big hotels looking for optimizing room rates.
RoomPriceGenie connects to the hotel’s PMS, automates the pricing, and increases hotel’s revenue. It enables hoteliers to update all prices in their PMS or channel manager with a single click. This software is recommended for small and medium hotels.
SiteMinder is an easy-to-use, intelligent platform that has the foresight to optimize your demand peaks and drive more business in the low season. The intuitive software wastes no time by helping you fill beds and maximise income all year round. SiteMinder offers a 14-day free trial period.
RateBoard uses an automated machine learning algorithm to increase hotel revenue by an average of 8%. The revenue management system offers tailor-made solutions that fit the unique needs of every hotel.
RateBoard is easily understandable, usable and installable. Its automated price optimisation feature takes out the stress of daily price decisions and allows the staff to spend more time with the guest providing them with an excellent customer experience.
AxisRooms’ revenue management system is simple yet powerful. It can review your hotel’s key performance indicators with action-oriented insights. It provides the optimal room rate, 365 days of the year, 24/7. The dynamic pricing is based on the day of the week, season, demand, competition and more.
