Know More About Hotel Rate Management

If you are using a hotel rate management software you will have a lot of benefits. This article shows you the most amazing benefits of using a hotel rate management software.

The price is determined by the tool being used for hotel management software. The tools depend on market intelligence and rate shopping and keep a very reasonable price. Make sure you are researching well so that you get a flexible price  model. Most of the time you are charged each month and the fees depend on the size of the property. You will be charged higher fees if you have more rooms. 

As you choose a tool make sure you are considering these features:

  • Seasonal pricing

  • Time-of-day pricing

  • Day-of-week pricing

  • Daily override functionality

  • Discount and premium rates etc


Though users can always control the modern RMS, it mainly focuses on monitoring, detecting and optimizing these features. The process is automatic. Why should you invest in such tools? Here's how you get benefited by using a hotel rate management tool:


  • Different pricing strategies and rate structures

  • Computerized rate setting and optimisation

  • Boost your online exposure with numerous distribution channels

  • Optimized room price depending on the inventory value and market condition

  • You can control the reservation rate according to your requirements


By now this article must have cleared your idea about hotel rate management and how it serves you valuable benefits. One of the best hotel rate management software powered by AI is Pricepoint. This software automates your price on OTAs like Airbnb, Tripping.com, Booking.com, etc. With an AI-driven revenue management system you can manage prices on hotel booking sites automatically. Thus you get a competitive price.

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