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The project dashboard is a free tool that is only available to verified hoteliers to make adopting new technology easier by streamlining their research and simplifying their communication workflow.
REVENUE MANAGEMENT
Dynamic Pricing for Exclusive Comfort
Switching to a dynamic revenue management system brought significant innovations to the Alpin Resort Sacher. Inspired by pricing strategies from the airline and urban hotel industries, the transition from fixed to dynamic pricing allows for flexible rate adjustments based on seasonal demand fluctuations and local events.
Increase in revenue: Sustainably increase revenue through an optimized pricing strategy.
Optimization of the pricing: By using data-based analyses, prices should be adjusted dynamically and in line with the market.
Strengthening competitiveness: The Alpinresort Sacher wanted to position itself better in the market with innovative technology.
"The software enables dynamic pricing instead of static lists and adjusts prices to market conditions in real time. This saves time in the reservations department and reduces manual effort. The automated analyses and optimizations help us to precisely implement and continuously improve our pricing strategy."
David Oberlindober
Hotel Manager
"The software enables dynamic pricing instead of static lists and adjusts prices to market conditions in real time. This saves time in the reservations department and reduces manual effort. The automated analyses and optimizations help us to precisely implement and continuously improve our pricing strategy."
Hotel Manager David Oberlindober said, about their decision: "RateBoard is essential for the implementation of our pricing strategy."
Setting competitive prices through comparison with competitors.
Significant time savings in price management.
Dynamic pricing in real time.
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