Fornova vs. Hotellistat GmbH vs. ParityRate: Which is a Better Fit?

FornovaDI (Distribution Intelligence)

Other

Real Time Data Collection
Automated Prioritization
Distribution Partner Management
Workflow Automation

Hotellistat - Price & Policy Parity Management

Other

Real Time Data Collection
Automated Prioritization
Distribution Partner Management
Workflow Automation

Parity Rate

Rate Management

Support for Weekly & Monthly Rates

Create a short term rental type of hotel product to compete with Airbnb and other vacation rental companies. Entice guests with long term stay discounts and attract more digital nomads, extended stays and family getaways.
Yield Rules

Maximises profit by automatically adjusting availability of rate plans in select channels and room types
Derived Rates

Saves time and reduces risk of errors by deriving multiple rates from a single base rate.
Inventory Management

Ability to provide recommendations/decisions on yielding availability/ Rate is only part of revenue management, availability controls (minimum length of stay, open or close, overbooking) have just as great an impact.
Inventory grid

Stay on top of your distribution and keep track of everything from one connected place.

Room Type Mapping

Channel Self-Mapping

Map new rate plans to direct and third-party channels with no effort

Automation & Syncing

Bulk Updates & Multiple Restrictions

Saves time by updating multiple room types and room rates in a select date range. Save hours of manual work every week with intelligent design for updates and restrictions.
2-way real time integrations

Keep your availability, rates, and inventory, an property content up to date and sync bookings and cancellations across individual channels.
PMS connectivity

Your Channel Manager connects directly into your hotel property management system, acting as the real-time connection of rate and availability data between your PMS and whichever booking websites you sell on. Each new reservation is delivered right into the PMS, without any manual intervention.

Administration & Settings

Multi-lingual
Centralized user & role management
Multi-Currency Support

The ability to manage more than one loyalty point/mile currency - this is not a fundamental requirement of a loyalty program but many programs are now allowing customers to choose which loyalty currency they want to earn.
Inventory grid

Stay on top of your distribution and keep track of everything from one connected place.
Integrated Payment Processing

Enjoy peace of mind thanks to automated, secure and seamless payments.

Analytics & Reporting

Analytics dashboard
Booking Performance and Pace Reporting

Grow faster by knowing your top performing channels and what’s working best for you.

Other

Real Time Data Collection
Automated Prioritization
Distribution Partner Management
Workflow Automation

What Customers Are Saying

Most Recent Review

Most sophisticated tool in this space

Manager, Distribution Compliance

Efficient tool

Cluster Director of Revenue

ParityRate doesn’t have any clients that have vouched for the product

Most Positive Review

Good system with great support

Revenue Manager

All in one tool

Most Critical

Phenomenal Tool

General Manager

Versatile RMS, with Powerful Capabilities

Online Revenue and Connectivity Officer from Germasogeia (Cyprus)

References