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Overview
Revenue management software automates the process of using analytics to determine the right price for hotel rooms to maximize revenue and profitability. The primary goal is to sell the right product to the right customer at the right time for the right price on the right channel. Revenue management software ingests historical and market data, combines this with forward-looking demand signals and recommends a rate for each segment and room type at your hotel, specific for each channel on which you are selling. Recently, modern software has moved from on-premise to cloud-based applications that are delivered as Software-as-a-Service, meaning multiple users can login to the applications from anywhere they have an Internet connection.
What You'll learn
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2025 Revenue Management System Buyer's Guide
As the official sponsor of this guide, the Duetto team offers Hotel Tech Report users a free 30-minute consultation to help you learn about Revenue Management Systems and which is right for your hotel.
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As the official sponsor of this guide, the Duetto team offers Hotel Tech Report users a free 30-minute consultation to help you learn about Revenue Management Systems and which is right for your hotel.
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