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Enhance your revenue stream with smart property management software that takes the guess work out of setting rates. With smart algorithms that take into consideration data fluctuations to calculate prices in real-time as a way of automating revenue management, known as dynamic pricing.
Gain access to an intuitive property management feature that strategically monitors market demand to provide you with optimised rates and match changing trends. With this in mind, revenue managers can adjust the supply of rooms and adapt a pricing strategy using a hotel revenue management system to understand these trends and implement rates that aim to increase sales and profitability.
Additionally, RMS offers MultiBAR (Multiple Best Available Rates) to present multiple price points for the Best Available Rate and toggle between them as needed.
Adapt your offering and react to industry trends with RMS’ fluid inventory feature that allows you to effortlessly reconfigure your inventory from short-term to long-term. The fluidity in this powerful feature gives you the ability to pivot your business model, and change your accommodation demand to target different markets who require long term stays i.e. students, remote workers etc.
Take advantage of RMS’ dynamic rate management feature that prepares you for changing demands such as drops in occupancy, pivot to maximising profitability during peak seasons and provide competitive rates based on market price.
Maximise occupancy and bookings during seasonal changes with automated pricing
Increase overall bookings by tweaking rates during low season
Provide last minute deals during
off-seasons to help sell off inventory
Helps you efficiently view and manage all your room
rates on one convenient screen
Present multiple price points for the Best Available Rate
