Boost your hotel’s revenue by up to 20% – automatically
Our intelligent revenue manager adjusts room prices in real time, liberating your team from manual updates
Free up staff time while boosting revenue
Hotels need to increase revenue and margin to thrive, so they can improve their offering, invest in their property, retain quality staff and contribute to their communities. Revenue management software can help a hotel significantly increase its revenue – while saving hours of staff time! It uses data from our own Rate Matrix to ensure optimum pricing.
Boost revenue by over 20%
Source: RoomPriceGenie
Save hours of admin every day
“Rezcontrol’s RoomPriceGenie integration works brilliantly. The algorithm runs it for us and we have definitely seen an increase in revenue, even in the first few weeks.”
Kaven Gill, Managing Director, The Chesterton Hotel, Bicester
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What can revenue management do for you?
Revenue management utilises a deep understanding of consumer behaviours and industry trends to:
- Analyse market trends and historical data to predict demand
- Set prices automatically based on supply and demand
- Gain the upper hand with insightful competitor analysis
- Forecast demand and adjusting accordingly
- Adjust strategies based on changing consumer behaviour
How does revenue management work?
Revenue management is the analysis of multiple data sets, enabling hotels to set optimised rates, based on seasonality, local events, demand and the competition.
Revenue Management Systems (RMS), such as RoomPriceGenie, use complex algorithms to automate your pricing, based on these variables, for maximum sales and revenue. You can:
- Set minimum and maximum prices
- Define your room types
- Fine-tune your seasonality and day-of-week cycles
- Share optimised pricing with OTAs
It works in tandem with the detailed analysis gathered by Rezcontrol’s own pace reporting technology, which analyses past and future revenue and occupancy. These performance statistics, taken from a defined date range, inform your pricing strategy, providing the final piece of the revenue management puzzle.
Automate your pricing strategy
With pricing updates up to 12 times a day, programmable up to 18 months into the future, it’s no wonder hotels are choosing to go on autopilot, while seeing around 20% in revenue increase, and saving hours a week on rate management.
Rezcontrol offers its customers the ability to automate their pricing strategy through the PMS itself, making the whole truly greater than the sum of its parts.
Case studies
“Rezcontrol’s RoomPriceGenie integration works brilliantly. The algorithm runs it for us and we have definitely seen an increase in revenue, even in the first few weeks.”
Kaven Gill, Managing Director, The Chesterton Hotel, Bicester