Know More About Revenue Management Software

A hotel over crowded with people will hardly generate profit. The main purpose of a successful hospitality business is to generate revenue. In order to obtain that aim, hotels need to adopt advanced revenue management techniques and strategies. 



Simply, for more revenue hotels need to understand consumer to sell the product at 

an optimal price every day. Therefore, the meaning of hotel revenue management is very simple. It only aims to sell the right room to the right client at the right moment at the right price on the right distribution channel and acquire the best commission possible. Sometimes revenue management is also known as yield management, but you can not interchange these two terms.


Hotel Revenue management depend on some interconnected segments which are:


  • Customer segmentation,

  • Demand forecasting,

  • Inventory management,

  • Yield management,

  • Pricing


Pricepoint is one of the most reliable revenue management softwares. It is mainly used for independent hotels and operated by an AI-based RMS (price optimizer) so that it becomes easy for independent hoteliers to automate price management on OTAs such as Booking.com and Airbnb.


Switch to Pricepoint and solve the problem of pricing. Artificial intelligence works on deriving demand forecasts at any moment (24/7) and providing OTAs with an optimal price that will increase revenues and occupancy.  It seamlessly incorporates PMS', and saves hoteliers hours of work per week. 


Why Pricepoint?

Mobile App with Real-Time Dynamic Pricing

Pricepoint runs on autopilot or manual mode. Use their web and mobile app to stay informed and monitor everything.


Competitor Scanner/Rate Shopper 

Pricepoint helps you achieve your competitive position by keeping an eye on your top competitors.


Dedicated Revenue Manager and WhatsApp support

The team always consults your pricing strategy and objectives. Reach them via Email or WhatsApp.


AI-driven hotel revenue management near me is automated on managing prices on OTAs and providing hotels a competitive edge and it also boosts the hotel revenues.







 

Location: 4530 Av. de Melrose, Montréal, QC H4A 2S9, Canada

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