Pricing Optimization

4/5 features

Price Explanation

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

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.
Alternate Stay Date Recommendations

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.
Alternate Property Reccomendations

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
Real-time price optimization

As soon as a change in the market or at the hotel occurs, the software will react in real-time with a measure to that change in activity if necessary. There is no need to wait for an "optimization run" to happen like it has been in the past.
Dynamic Price Hierarchy Control

Each room type is priced dynamically but always respects the room price hierarchy.
Open Pricing

Open Pricing allows hotels to yield each segment, channel and room type independently in real time. Open pricing gives hotels the ability to price all room types, channels and dates independently of each other to maximize revenues without having to close any off./Hotels can price each room across all channels based not on BAR, but on the demand for those specific products and segments. It means never closing the door on a guest who wants to book a hotel. And it means maximizing revenue by selling the right room to the right customer at the right time for the right price.
Guided workflows

Workflows within the application to guide new users through revenue management best practices and day-to-day activities using the software.
"What-if" scenario analysis

Get detailed forecasts on an inventory level to help you to explore how different configurations of your rooms and rates would maximize group revenue.
Dynamic Pricing

Ability to adjust prices based on rules and conditions/Provides for flexibility and control without making daily pricing changes
Set Boundaries

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

Change individual dates by making percentage adjustments or fixing prices
Group Pricing

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

Use restrictions to control your business mix and know when to close out corporate rates and maximize revenue from your transient business.
Manage Sell-Outs & Cancellations

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

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

Manage seasonality and day-of-week patterns with monthly and weekday adjustments.
Yield Room Types Individually

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

Apply more granular modifications with simple bulk-adjustment features
24-Months Pricing & Forecasting

Ability to adjust prices 24-months into the future in real time providing better control to take advantage of even the slightest changes in the market 24-months into the future and avoid missing future opportunities.

Market Intelligence & Forecasting

4/5 features

Five-Year Forecasting

Allows users to build demand and financial forecast for up to five years into the future/increased visibility.
365-Day Forward Pricing

Set prices 365 days into the future
STR Data

Connect your RMS to STR compset data to leverage in your yield strategy and decision making.
18-Month Forward Pricing

Set prices 18-months into the future.
Price sensitivity modeling

Ability to run pricing scenario analysis and sensitivity models to project demand at various price levels.
Multi-Property Dashboard

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

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.
Interactive Customizable Dashboards

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.
Future Market Demand Data

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.
Financial Forecast Builder

The ability to build a user-financial forecast and budget that can be locked into the system for use in reporting and pricing which reduces the time it takes to build a forecast and centralizes forecast and budget data into one system.

Dashboards & Reporting

4/5 features

Custom Reports

The ability to slice and dice your data as you need with an easy to use report builder interface/flexible, customizable, and works for all different hotel types.
Scheduled Reports

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

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.
Analytics dashboard
Interactive Customizable Dashboards

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.
Market Insights Reporting

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

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

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

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

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.
Customizable Notifications & Alerts

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

Eliminate the need to pull data from different systems when running a Displacement Analysis.
Group Pricing & Evaluation

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

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

Automation

4/5 features

Controlled Automation/Algorithm Customization

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.
Automated Room-Type Pricing

Room-type pricing is automated based upon factors such as room type availability, demand and seasonality. With automated room-type pricing, revenue managers have a much better understanding of the additional revenue by room type they’ve achieved/The data is available to analyze room type efficiency, comparing actual ADR of room type differences to set pricing differentials. Comparing room types sold versus room types occupied helps hoteliers better understand whether they are capturing the right amount of revenue from higher room types or whether front-desk clerks are offering too many free upgrades. Armed with this information, hotel revenue managers can test strategies such as pre-arrival marketing campaigns as well as educating the front desk staff on how best to sell upgrades. Group and corporate sales teams can also be educated on how to quote multiple room types when selling.
Fully automated revenue management
Dynamic Pricing

Ability to adjust prices based on rules and conditions/Provides for flexibility and control without making daily pricing changes
AI Optimization

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.
Automatic Pricing Updates

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

Multi-Property Functionality

4/5 features

Inventory Management

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.
Multi-property Management
Multi-Property Dashboard

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

Group Business

4/5 features

Group Pricing & Evaluation

Evaluate the best dates and property to place group business while understanding expected displacement and profitability.
"What-if" scenario analysis

Get detailed forecasts on an inventory level to help you to explore how different configurations of your rooms and rates would maximize group revenue.
Displacement Analysis

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

Integrations

4/5 features

Open API

The ability for other systems to access the loyalty platform to issue, transfer, redeem, or exchange loyalty points/miles - this is not a fundamental requirement of a loyalty program, but increasingly desirable.
Channel Manager

Connect your channel manager to your RMS to extract channel mix and booking data to fuel your pricing and better understand profitability by channel.
Business Intelligence

Connect your RMS to other business intelligence tools to create custom reports using both your RMS data and other tools.
STR Data

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

Connect your RMS to your PMS to sync real time inventory and instantly update rates in your PMS as you make changes to your pricing strategy.

Other

1/5 features

Group pricing & evaluation
Mobile App
Smart Spreading Technology

“Smart Spreading” technology takes updates to your monthly forecast and intelligently allocates them day by day, segment by segment.
Single Sign-On

Single Sign-On is the ability to maintain centralized control over employee access rights for all of the applications they use in their organizations/Allows companies to maintain control over employees' access rights and only requires a single set of credentials to access multiple applications
Mobile Friendly Design

Product design allows users to work on either a desktop or mobile device / Revenue Managers often have to work "on the go" and so it's critical that applications are mobile compatible.

Right Revenue Reviews Summary

4.9

Excellent

18 reviews

Ease of Use

4.9/5

Customer Support

5.0/5

ROI

4.8/5

Implementation

4.9/5

Right Revenue Pricing

Average

This product is priced in line with the average product in the category which is usually an indicator that it is a standard product with standard functionality designed for typical operations and use cases and properties.

Get an Instant Price Estimate

Enter your room count to get an instant price estimate for your property

Enter Room Count

Support

Unverified

Right Revenue 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.

View Support Certification

Help Center

Product Updates

2024

Learn more about the GCSC Certification

This vendor is missing critical support info

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.

Download the Free Guide

Looking for specific info?

Right Revenue great Customer Service

Director from 50-74 room Branded Hotel in Bannockburn (United Kingdom)

Verified

2 years ago

Really easy to install and operate. Serious gains in Rate - and Occupancy. Fantastic Customer Service - real people who are always happy to help - however silly the question....

United Kingdom

Director

Medium Hotel

Share review

Right Revenue.. the Right Choice

Sales & Marketing Manager from 100 to 199 room Luxury Hotel in Limavady (United Kingdom)

Sales & Marketing Manager

Large Hotel

Easy Revenue Management

Director from 25-49 room Branded Hotel in Kendal (United Kingdom)

We are still finding out how much RR can do but so far we have been impressed. Its so easy to use and keep on top of our revenue management. Even when you simply haven't got time to check rates daily, the automation works really well. Helps us maximise occupancy with a competitive rate and rovides us with excellent reporting and dashboard f...

We have seen a marked improvement in the hotels performance

Reservation Manager from 50-74 room Bed & Breakfast & Inn in Omagh (United Kingdom)

Since installing Right Revenue we have seen a marked improvement in the hotels performance, despite the challenges that Covid has posed for the hotel and the industry. The rate recommendations have helped us drive our rates, whilst the reporting in the system has introduced a revenue culture within the team, so that we feel we are all pulli...

Reservation Manager

Revenue Gains and Excellent Customer Service "Right" for Lough Eske Castle Hotel

Director of Sales & Marketing from 75-99 room Bed & Breakfast & Inn in Donegal Town (Ireland)

Right Revenue has assisted Lough Eske Castle in yielding where possible, providing accessible snapshot data that is easy to read and quantify for strategic decisions. The team at Right Revenue are like one of our own team, open to ideas and suggestions to make an already great system good for Lough Eske Castle specifically.”

Ireland

Director of Sales & Marketing

Personal touch with Right Revenue

Revenue Manager from 75-99 room Bed & Breakfast & Inn in Donegal Town (Ireland)

It’s the personal touch which Right Revenue provide which really makes them stand out from the crowd. Emails and telephone calls are responded to in a quick and efficient manner and the team are so friendly and helpful.

Revenue Manager

Right Revenue has been great for us here at The Grosvenor Pulford Hotel and Spa

Group Revenue Mnaager from 75-99 room Boutique in Pulford (United Kingdom)

The platform is really easy to use and very user friendly. The best part for us is the amazing pricing recommendations that can be tweaked where needed to make the more or less aggressive, we can easily build in our key event dates to protect dates up to 3 years in advance. The team @ Right Revenue are great too and easy to talk too with gr...

Group Revenue Mnaager

Game changer for our Revenue Strategy

Reservations Manager from 200 to 499 room City Center Hotel in Clondalkin (Ireland)

It is very user friendly, the time we save on compiling reports is amazing along with the rate recommendations which are so accurate. We have seen a great growth in revenue and our GM loves his access as the system clearly outlines where we are at at a glance. The support is second to none too.

Reservations Manager

X-Large Hotel

Great functionality, impressive reporting and continuously improving

Revenue Manager from 75-99 room Bed & Breakfast & Inn in Newquay (United Kingdom)

3 years ago

Excellent reporting, informative and relevant dashboards and this system definitely delivers results. Easy to use system and love how quickly the dev team work through the road map advancements and how agile they are. The support from the team is just amazing, and their service is exceptional!

Fantastic Support

Revenue Manager from 75-99 room Bed & Breakfast & Inn in Waterford (Ireland)

Throughout 2020 and 2021, Adrienne has kept us all focused and advised through the Whatsapp group and the whole team are always on hand to help whenever needed

Company	Functionality
SiteMinder 92% recommended by 1870 hotels
Little Hotelier 90% recommended by 877 hotels	Hotel Management Software
Oracle Hospitality 91% recommended by 549 hotels	Property Management Systems
Mews 91% recommended by 494 hotels	Property Management Systems
This integration hasn’t been verified by Right Revenue yet. GuestRevu 94% recommended by 383 hotels
Bookassist 94% recommended by 355 hotels	Booking Engine
SHR Group 95% recommended by 337 hotels	Booking Engine
Net Affinity 94% recommended by 225 hotels	Booking Engine
Guestline 90% recommended by 127 hotels	Property Management Systems
Planet 80% recommended by 103 hotels	Property Management Systems

Right Revenue

What is Right Revenue?

Price Explanation

Enterprise Business Guidelines

Alternate Stay Date Recommendations

Alternate Property Reccomendations

Real-time price optimization

Dynamic Price Hierarchy Control

Open Pricing

Guided workflows

"What-if" scenario analysis

Dynamic Pricing

Set Boundaries

Manage Exceptions

Group Pricing

Manage Restrictions

Manage Sell-Outs & Cancellations

Business Mix Optimization

Define Cycles

Yield Room Types Individually

Bulk Adjustments

24-Months Pricing & Forecasting

Five-Year Forecasting

365-Day Forward Pricing

STR Data

18-Month Forward Pricing

Price sensitivity modeling

Multi-Property Dashboard

Market Intelligence Data

Interactive Customizable Dashboards

Future Market Demand Data

Financial Forecast Builder

Custom Reports

Scheduled Reports

Lost Business Data

Analytics dashboard

Interactive Customizable Dashboards

Market Insights Reporting

Pickup Analysis

Booking Pattern Analysis

Event Data

Price Change Logs

Customizable Notifications & Alerts

Displacement Analysis

Group Pricing & Evaluation

Multi-Property Dashboard

Controlled Automation/Algorithm Customization

Automated Room-Type Pricing

Fully automated revenue management

Dynamic Pricing

AI Optimization

Automatic Pricing Updates

Inventory Management

Multi-property Management

Multi-Property Dashboard

Group Pricing & Evaluation

"What-if" scenario analysis

Displacement Analysis

Open API

Channel Manager

Business Intelligence

STR Data

Property Management System

Group pricing & evaluation

Mobile App

Smart Spreading Technology

Single Sign-On

Mobile Friendly Design

Right Revenue Reviews Summary

Right Revenue Pricing

Right Revenue Reviews

Right Revenue Integrations

Support

Unverified

Support Not Verified

Download the Free Guide

Download the Free Guide