Why it matters:
Before adopting G3 RMS, the hotel faced significant revenue management challenges, including limited resources to confidently price their rooms dynamically. “Our team was confident in their understanding of the market, however, without the necessary data insights to back our decisions, we sometimes missed opportunities by relying more on intuition than on concrete information,” said the revenue manager. Additionally, the manual process of tracking and adjusting rates during the week left the hotel vulnerable to rapid market changes over weekends.
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With powerful automation capabilities making quick work of tedious and time-consuming revenue management tasks, G3 RMS has proven to be an invaluable tool for implementing better- informed pricing strategies. “For us, G3 RMS solved how to explain why we should go for rates that may be higher or lower than what we would normally do. Now we have the power to explain this through the data,” the revenue manager shares.