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How can you benefit from an automated revenue management system?

 

 





Optimal Pricing

IDeaS automated RMS precisely calculates 5 million+ pricing decisions daily and optimizes both pricing and availability—allowing hotels to outperform their competitors that are restricting themselves to manage pricing alone.




Revenue Increase

IDeaS G3 RMS delivers on average of 15% revenue uplift over properties with no RMS.




Confidence

Revenue management technology provides hotels with confidence in innovation, data, predictive analytics, group management, online reputation data, remote accessibility, and support to deliver the most optimal decisions.

 





Time Saving

No more manual and time-consuming inventory and rate updates, no more spreadsheets. Use free time to create revenue strategies and make decisions that drive revenue in the long term.




Group Business Management

The group pricing capabilities of advanced revenue management systems go well beyond the limited functionalities of other revenue systems, and they give sales managers the insights they need to capture the most profitable group business.




Competitive Advantage

IDeaS RMS allows you to have a clearer market picture to give you confidence in your selected revenue strategy.

Insightful Resources on Automation
 

Automated RM Benefits for Hotel Executives

As a hotel executive, you are tasked with increasing asset values and operational efficiencies. Download our datasheet to learn how automated technology helps you bolster portfolio performance.  

Download Datasheet >

Automated RM Benefits for General Managers

As a busy general manager, you are needed in every department and short on time. Learn how can you leverage technology to improve the hotel operations—and spend less time buried in spreadsheets.  

Download Datasheet >

Automated Revenue Management through the Ups and Downs  

No matter the season, business conditions, or economic climate, optimal pricing must be determined, see how an automated RMS can help your business.

Download Datasheet >

Hotel Revenue Management Ultimate Buyer's Guide  


Key considerations for your revenue technology investment. Download the guide now to ensure you ask the right questions of your future RMS partner.
 

Download the Guide >

 

A Tale of Two Hotels: The Automation Edition  

Learn about a day in the life of two hotel revenue managers…one living a life with revenue management automation and one still living a life without it.

Learn More >

Automation – If You Aren’t Doing It, You’re Behind  

The market is moving fast, but your competition is moving faster. Those leveraging automation to handle their data are at a distinct advantage.

Read the Article >

Hotel Revenue Management
Challenge
 

Only a fraction of hotels worldwide use an automated revenue management system. Test your ability to make decisions that maximize your revenue.

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RMS Myth Busting

Despite the increasingly data-focused, technology-enhanced state of the industry, misconceptions still linger about the importance of revenue management technology within the hospitality sector. Here are five common revenue management myths and why they’ve been officially busted by today’s automated revenue management technology.

 

 

 

6 Reasons to Automate Revenue Management

 

 



It drives better revenue and greater profitability for hotels.


 
Having an RMS helps understand hotel’s booking curves, as well as wash patterns, and on a daily basis helps yield the right price and overbooking decision at the right time to drive better, quality revenue.


It gives hoteliers a clear vision of relevant data.


 
An automated system brings more accuracy and consistency with your hotel’s rate strategies to successfully achieve revenue targets.


It helps hotels to be even more competitive in the market.


 
With an RMS, you can identify market changes on a much more immediate level enabling the entire business to adapt quicker and remain competitive, and have visibility into competitive rate shops, which on top of demand forecasting, will allow you to yield rooms better.

 



It provides transparency throughout your organisation.

No more emailing multiple spreadsheets back and forth to each other! With the many dashboards and reports available within an RMS, it gives different people associated with hotel performance better visibility into the hotel’s most recent KPIs.


It offers management by exception.


 
How much time is spent on reviewing and editing your reports and spreadsheets? Automated RMS does all the heavy lifting by highlighting exceptional conditions to review.


It pays for itself.



 
Revenue leaders can provide hotel leadership with an ROI model that pays for itself in just a matter of months. But perhaps even more important than the tangible returns are the intangible opportunities, as it will enable teams to be more strategic in a traditionally tactical environment.

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