WebRezPro Integrates Hotelitix Revenue Management Solution
Direct connection improves demand forecasting and automates pricing updates to drive bookings and profitability for hotels
WebRezPro cloud property management system (PMS) by World Web Technologies Inc. (WWT) now offers integration with Hotelitix revenue management software, streamlining revenue management for hotels, inns and vacation rentals, and helping lodging operators drive more bookings and profits.
Using modern data analytics and machine learning, Hotelitix provides an automated revenue management solution that continuously analyzes thousands of data points and patterns, identifying revenue-generating opportunities in real time and accurately forecasting demand to generate the exact price changes a hotel should be making to maximize performance.
The two-way integration between Hotelitix and WebRezPro PMS improves demand forecasting by automatically delivering daily rate, availability and occupancy data from WebRezPro to Hotelitix, which then analyzes the information along with historical property data, market data and competitor rates to generate optimal pricing strategies. Pricing recommendations generated by Hotelitix can be automatically or manually approved, with approved prices then pushed directly from Hotelitix to WebRezPro PMS for automated rate and channel management.
“We are very proud to have established a partnership with WebRezPro,” said Andres Moreno, co-Founder & Managing Partner of Hotelitix. “For years, WebRezPro has been at the forefront of cloud-based hospitality technology, and via this newly established integration we are very pleased to offer our mutual clients advanced automated pricing tools and high dimensional data analytics.”
This integrated solution eliminates the need to manually duplicate data between the two systems, saving hoteliers time and facilitating more effective pricing decisions.
“Our integration with Hotelitix completely aligns with our mission to streamline operations and increase revenue for lodging providers,” said Frank Verhagen, President at WWT. “We are happy to offer our mutual clients the benefit of a combined, automated solution that not only relieves their administrative load but gives them a competitive edge.”
HOTELITIX is a state-of-the-art and cost-effective revenue management system for all independent hotels, regardless of location and star rating. The advanced, yet intuitive system analyzes millions of market data points, tracking occupancy, supply and demand and comp set pricing over 200 times a day. Thus calculating the highest possible rate, and maximizing ADR, occupancy, revenue by market segments and most importantly, RevPAR.