BEONx and trivago Forge a Strategic Partnership to Enhance Revenue Management Strategies

This ground-breaking collaboration integrates trivago's destination demand data into the RMS algorithm

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By Julia Rey
Madrid, España // Hotel Tech Report Newswire / - https://www.beonx.com/press-events/beonx-and-trivago-join-forces-to-integrate-destination-demand-data-into-the-rms-algorithm/

BEONx, a leading travel technology company dedicated to revolutionizing revenue strategy and achieving sustainable profitability for hotels, announced its strategic partnership with trivago, a global hotel and accommodation meta search platform. This collaboration marks the first time a Revenue Management System (RMS) incorporates trivago's destination demand data into its algorithm. 

trivago's extensive data processes 12M+ daily accommodation searches, providing hotels with 365 days of market demand insights. By integrating this data, hotels can save time, find correlations, and make better decisions to improve revenue management strategies. 

"We are thrilled to integrate trivago's demand data into our platform, enabling users to select the data that aligns with their requirements. This will enhance recommendations, forecasts, and strategy optimization, empowering hotels to make more informed decisions," said Rubén Sánchez, CEO and co-founder of BEONx. 

This partnership solidifies BEONx's market leadership in the RMS industry, offering innovative solutions to meet hotels' revenue management needs. 

 

About Trivago

trivago is a global hotel search platform reshaping the way travellers search for and compare hotels and alternative accommodations. Established in 2005 in Düsseldorf, Germany, trivago enables travellers to make informed decisions by personalizing their hotel search and providing access to comprehensive hotel information and prices.

About

BEONx is a leading travel technology company dedicated to revolutionizing revenue strategy and achieving sustainable profitability for hotels. Its innovative Sustainable Profit Platform (SPP) offers a fresh perspective on revenue management, moving beyond the traditional focus on RevPAR and occupancy rates to 'revenue-per-available-guest’ (RevPAG).

The company’s mission is to drive a paradigm shift in the way hospitality professionals think about their business models, shifting the industry from a traditional “room for sale”mindset to a multi-dimensional experience ecosystem, with sustainable profitability at its core.

The Sustainable Profit Platform operates on cutting-edge AI and machine-learning technology, offering automated, integrated, and digital solutions to optimize costs, revenue generation, and guest retention. The platform includes a powerful revenue management system, as well as a carefully curated selection of partner applications, allowing hotels to analyze and optimize all revenue streams, from parking and restaurant services to room revenue.

Its RMS optimizes pricing and distribution based on consumer preferences and buying patterns, leveraging the Hotel Quality Index (HQI™), the only index in the hotel market that measures overall hotel quality. With a double segmentation by channel and market, hotels are equipped with information they need to make informed decisions to maximize their profits.

BEONx serves over 2,000 customers in more than 30 countries, including leading hotel brands such as Catalonia, Iberostar, RIU, Barceló and H10, among others. With a commitment to leading the industry in total profitability, BEONx is poised to revolutionize revenue strategy in the hospitality industry.

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