Transforming Revenue Management with FLYR for Hospitality: A Proven Success with Tailormade Hotels

REVENUE MANAGEMENT

Transforming Revenue Management with FLYR for Hospitality: A Proven Success with Tailormade Hotels

Tailormade Hotels increased their revenue by 22% with FLYR for Hospitality, achieving this while maintaining stable occupancy rates. Discover how automated, optimized pricing and seamless integration transformed their revenue management strategy.

Why it matters: It’s a testament to the transformative potential of modern revenue management technology in boosting profitability and operational efficiency.

FLYR for Hospitality optimizes room prices automatically based on demand, reducing the need for manual adjustments. Tailormade Hotels, with its diverse properties and customer types, used FLYR to manage complex pricing, leading to substantial revenue growth and improved operational efficiency.

Top 3 Core Objectives: Tailormade Hotels aimed to automate and optimize their complex pricing strategies to increase revenue and reduce manual workload. They sought a system that seamlessly integrated with their existing Property Management System.

Automate Pricing: Streamline the pricing process to reduce manual adjustments and ensure continuous optimization across all properties.
Increase Revenue: Leverage advanced technology to push room prices higher, resulting in a significant increase in total revenue.
Enhance Efficiency: Integrate seamlessly with the existing Property Management System to simplify operations and save time for the revenue management team.

Innovators Mentioned

Tailormade Hotels

FLYR Hospitality

Alex Löw

Revenue Manager

Tailormade Hotels

"The system provides all the possibilities. Then you put it on autopilot and let it run. It is just so user-friendly and understandable, and that alone has saved us so much time and effort."

Alex Löw

Revenue Manager

👍 Revenue Manager Alex Löw said that FLYR for Hospitality's automated and user-friendly system significantly increased revenue and efficiency for Tailormade Hotels.:

"The system provides all the possibilities. Then you put it on autopilot and let it run. It is just so user-friendly and understandable, and that alone has saved us so much time and effort."

⚖️ The selection process: During their research process, Alex Löw evaluated FLYR Hospitality's product differentiators, customer support, and holistic value as a strategic partner and ultimately decided that FLYR Hospitality was the best fit solution:

Revenue Manager Alex Löw said, about their decision: "A few years ago, we started the search for a Revenue Management System (RMS) with a true two-way API connection. The legacy revenue management vendors can’t really do that, so we looked at more modern options. We wanted a system we could navigate easily and that plugged into Apaleo—our cloud-based Property Management System (PMS). We also needed something with a good reporting function, which ruled out a bunch of systems"

📈 The results: Tailormade Hotels achieved a 22% increase in total revenue while maintaining stable occupancy rates, thanks to FLYR for Hospitality's automated pricing and seamless integration. The system streamlined operations, reduced manual workload, and provided valuable insights for better decision-making.

FLYR for Hospitality enabled Tailormade Hotels to automate their pricing across all properties, ensuring continuous optimization 365 days out and eliminating the need for daily manual adjustments.
By leveraging FLYR's advanced pricing technology, Tailormade Hotels saw a 22% increase in total revenue while maintaining stable occupancy rates, achieving higher room prices than ever before.
The seamless integration with their existing Property Management System significantly simplified operations, saving the revenue management team considerable time and allowing them to focus on strategic tasks.