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REVENUE MANAGEMENT
VESTA Hospitality: Leveraging Tech To Build A Modern Hospitality Business With Low Overhead
VESTA runs Atomize on full autopilot mode. That means the system has full control to set and update rates. Since the algorithm analyzes live market, competitor and internal data continuously, it always calculates the best rates for all VESTA properties. The result show impressive increase in ADR and revenue growth.
Increase efficiency and savetime: In the past, Haitham and his team used to spend several hours every week on setting prices which were too time-consuming, and in practice impossible to know which price would be optimal for every specific point in time.
Increase ADR and RevPAR: VESTA rents out privately owned luxury houses and apartments in the more l, it is crucial to keep a high ADR and RevPAR to price in line with their brand segment and keep real estate owners, the partners happy. This was always a challenge before Atomize, when managing prices manually.
Create a lean operation: VESTA's founders all have a corporate background and understand the importance of using advanced technology. From the beginning, VESTA looked for ways to automate or streamline their work to create a lean and protible business.