Rate Wise

4.8 (11 REVIEWS)

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AUTOMATE YOUR REVENUE STRATEGY

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Ratings Summary

4.8
Excellent
Ease of Use
4.7/5
Customer Support
4.8/5
ROI
4.8/5
Implementation
4.9/5

Recommended by

Achievements

Trending Product

This vendor's trending score is rising, Rate Wise is the #41 most trending product in the Revenue Management Systems category (out of 63) and the #921 most trending product overall in the global hotel tech ecosystem. HTR assesses vendor's real time activity in the market to give buyers a sense of whether a product is gaining momentum

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Certified Support

Rate Wise’s customer support processes haven’t yet been verified by Hotel Tech Report.

Learn more about this achievement in the official press release
Certificate of Excellence

This vendor has not met the minimum criteria for the Certificate of Excellence which is awarded to vendors who exemplify transparent cultures and come highly recommended by their clients. For more information, please see the help center.

Learn about the criteria required to achieve HotelTechReport's Certificate of Excellence
About Rate Wise
Founded in 2007 | Headquarters in Dublin (Ireland) | 7 employees
Rate Wise is a leading revenue management company providing cloud-based revenue management software and revenue management consultancy to hotels and serviced apartments across the globe. Our RMS is trusted by many hotels, it integrates your revenue strategy, PMS data & competitor data and can send your rate strategy back out to your PMS or Channel Manager. In addition to our software, some hotels opt for a Revenue Management Consultancy Service in which we help hotels implement a revenue strategy, focus on maximising their revenue potential, reducing costs, reviewing distribution, growing brand production and implementing best practices.

Capabilities

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Rate Wise doesn’t have any benefits or use cases available

Features

Pricing Optimization

4/5 features

Market Intelligence & Forecasting

4/5 features

Dashboards & Reporting

4/5 features

Automation

4/5 features

Multi-Property Functionality

4/5 features

Pricing

Pricing Available By Request

Rate Wise has opted not to share general pricing on their profile but you can request a quote below. Often this is an indicator that pricing is flexible so it is recommended that you obtain multiple price quotes to negotiate.

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Hotelier Rating

Excellent
10
Very Good
1
Average
0
Poor
0
Terrible
0

Property Size

  • Medium (5)
  • Large (4)

Country

  • Ireland
    Ireland
    (7)
  • United Kingdom
    United Kingdom
    (3)
  • Belgium
    Belgium
    (1)

Region

  • Europe
    Europe
    (11)
9

Great Tool

GM from 50-74 room Luxury Hotel in Oudenaarde (Belgium)

Verified
13 months ago
The daily pickup overview is amazing . Everything is seemlessen updated automatically and super easy to navigate. A very smart system
Country Belgium
GM
Medium Hotel
10

Amazing Service

Hotel Manager from 50-74 room Boutique in Killarney (Ireland)

Verified
13 months ago
Rate Wise has been a gamechanger in our hotel. One of the struggles in a medium sized enterprise is allocating resources in the form of employee time to your most valuable tasks. Rate Wise make the process of reviewing and updating rates seamless. Their knowledge of the Market is unsurpassed and I couldn't imagine managing our rates without...
Country Ireland
Hotel Manager
Medium Hotel
10

Ratewise

Front Office Manager from 100 to 199 room City Center Hotel in Kilkenny (Ireland)

Verified
2 years ago
Very Easy to use the Ratewise App - All the team here can easily access it from any desktop. The dashboard showing yesterdays pickup by month would be my favourite to look at each morning.
Country Ireland
Front Office Manager
Large Hotel
10

Very happy with the product

Cluster General Manager from 25-49 room Extended Stay & Serviced Apartment in (United Kingdom)

Verified
2 years ago
Easy to work with system, all required information on one page, save time on forecast and checking revenue per market segment.
Country United Kingdom
Cluster General Manager
Medium Hotel
10

Excellent customer service with a top class RMS

Reservations from 25-49 room Luxury Hotel in Killarney (Ireland)

Verified
2 years ago
New forecast tool is excellent. Speed of which the RW team e reverts with queries I may have for them.
Country Ireland
Reservations
Medium Hotel
10

Excellent Revenue Management System

Resident Manager from 75-99 room Boutique in (United Kingdom)

Verified
2 years ago
Excellent revenue management system. Assists greatly in the day to day management of yield revenue and is easy to use. A great system for helping with forecasts and budgets. Also great support if ever needed
Country United Kingdom
Resident Manager
Large Hotel
10

Proactive and Professional

Area General Manager from 100 to 199 room Branded Hotel in (Ireland)

Verified
2 years ago
Very professional, always reliable, user friendly and a wealth of information! Ratewise are always there to support their colleagues .
Country Ireland
Area General Manager
Large Hotel
10

Experienced people with a Superior revenue management system

General Manager from 25-49 room Luxury Hotel in Killarney (Ireland)

Verified
2 years ago
We love the amazing support and insights we get from the Ratewise Team, they are so knowledgeable on revenue management and ensure we get the best rates possible for our hotel.
Country Ireland
General Manager
Medium Hotel
8

Huge time savings in data entry, great peace of mind

Director of Revenue from Branded Hotel in Athlone (Ireland)

Verified
4 years ago
Support from them is great, always reachable, great peace of mind Huge time savings in data entry as they have the reports for me 1st thing in the morning Great insight into the industry and revenue management best practice They seem to be constantly development and does seem to take feedback onboard
Country Ireland
Director of Revenue
9

Rate Wise Daily Analysis

Cluster Revenue Manager from City Center Hotel in (Ireland)

Verified
4 years ago
Automation of reports Pick up review by market segments I cannot wait to see my today's figures vs same time last year figures
Country Ireland
Cluster Revenue Manager
  • 1
  • 2

Expert Q&A and Partner Recommendations

Submit Recommendation
Question:

What does this product or service do well?

Answer:

Many of our hotels use this system and it helps them manage their rates easily and effectively. They are constantly developing the product and take on feedback from the hotels and improve the product to suit the requirements.

Question:

What differentiates this product or service from the competition?

Answer:

Their support and customer service is excellent. From a partnership perspective they have worked very well with Avvio in the past and are easy, friendly and approachable. Hotels we work with speak very highly of the tea at Ratewise.

Question:

Based on your experience with this product or service, if you could give one piece of advice to a hotelier considering this product or service, what would it be?

Answer:

Talk to the team, detail what you are looking for and they will go through in detail what the product can do and if it is suitable for your property. Many of the team have hotel experience so they know exactly what you are looking for.

RecommendationAvatar + 0 recommend
Recommended by
RecommendationAvatar
Jennifer Ryan Ecommerce Manager @ Avvio
RecommendationAvatar
Jennifer Ryan Ecommerce Manager @ Avvio
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Support

Unverified

Rate Wise has not yet had their customer support processes certified by Hotel Tech Report. We recommend referencing the GCSC rubric during your demo call to make sure that this vendor has strong processes in place to support customers.

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Help Center

Product Updates

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This vendor does not appear to have basic support essentials. Vendors who provide top tier support maintain a knowledge base help center and product updates changelog for customers.

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Response Time

Slow

Recommended

96%

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