happyhotel

RMS can be perceived as black box systems where users struggle to understand the outputs, which in an automated environment is critical to build trust between human and machine. This feature provides rationale for pricing outputs to users in easy to understand language and visualizations.

Enterprise Business Guidelines allow corporate revenue managers, cluster revenue managers and revenue management system directors to implement best practices and pricing guidelines for individual properties/Increases efficiency of corporate revenue teams and reduces administrative overhead and ensures corporate strategies are followed.

Allows the RM to find and suggest the optimal alternative date(s) to take group business/Allows RMs to take the right group business at the right time for the right rate.

The application suggests alternate properties that may be a better fit for the group given the budget/Ensuring you take the right group business without denying or closing out availability to groups

Set minimum and maximum prices, making sure your rates are always in your comfort-zone.

Change individual dates by making percentage adjustments or fixing prices

Instantly calculate the optimal rate for groups and make data-driven decisions on which business to accept.

Use restrictions to control your business mix and know when to close out corporate rates and maximize revenue from your transient business.

Optimize overbooking to account for all expected cancellations, no-shows and group wash across all market segments and grow on-site spend

Flexibly optimize business mix by managing product availability based on value and drive shoulder night performance

Manage seasonality and day-of-week patterns with monthly and weekday adjustments.

React to different booking behavior on an individual room-type basis

Apply more granular modifications with simple bulk-adjustment features

Connect your RMS to STR compset data to leverage in your yield strategy and decision making.

Set prices 18-months into the future.

Monitor the performance of your entire hotel portfolio by providing you with aggregated KPIs.

Improve decisions by incorporating competitor influence within your selected competitive set and position, optional reputation and sentiment scores to monetize on your online reputation, or view STR data within the dashboard for quick reference.

Visual heat map calendars, interactive dashboards and scheduled reports keep users of all levels informed and engaged. Multi-property reporting capabilities makes it easy for corporate teams as well as cluster revenue managers.

Monitor hotel booking demand in any geographical market in your RMS, 365 days into the future to better understand traveler intent and capture recovering demand with the right rates and offers based on forward-looking data.

The ability to schedule reports to be delivered via email at a day, time and frequency of the user's choosing/automates manual report runs and saves time pulling data.

Lost Business Data describes the information an RMS collects from a hotel’s booking engine about each visitor that comes to the hotel's website. It is used to to inform hoteliers on how many potential customers are shopping on the website.

Visual heat map calendars, interactive dashboards and scheduled reports keep users of all levels informed and engaged. Multi-property reporting capabilities makes it easy for corporate teams as well as cluster revenue managers.

Analyze thousands of market prices we make sure you never miss an opportunity

You’re getting fewer or more bookings than expected? Our optimization algorithm will react quickly

Track each booking in real time to understand booking patterns, drive relevant promotions, and control your supply.

Get real-time updates on events including: concerts, sports games to exhibitions and trade shows to inform your yield strategy.

Drill into every price update and every booking. There's full transparency on how your business is performing and how the pricing engine makes its decisions.

User-defined alerts proactively monitor the system’s key changes, providing notifications when business conditions significantly shift.

Eliminate the need to pull data from different systems when running a Displacement Analysis.

Evaluate the best dates and property to place group business while understanding expected displacement and profitability.

Monitor the performance of your entire hotel portfolio by providing you with aggregated KPIs.

The ability for customers to operate in a hybrid manual / automated manner / highly increases the adoption of automation and allows companies to apply strategies and controls to their automation.

Continually learns and adapts to how pricing and controls impact booking patterns and demand to improve outputs. Decisions are seamlessly distributed to key technology systems.

Software will optimize your prices throughout the day and directly update in your PMS or Channel Manager

Ability to provide recommendations/decisions on yielding availability/ Rate is only part of revenue management, availability controls (minimum length of stay, open or close, overbooking) have just as great an impact.

Monitor the performance of your entire hotel portfolio by providing you with aggregated KPIs.