REVENUE MANAGEMENT

GEH Suites elevates Revenue Management with BEONx’s cutting-edge solutions

Verified case study Hotel Tech Report has reached out to hoteliers at GEH Suites to verify this case study.
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GEH Suites, a renowned hospitality establishment, embarked on a journey to revolutionize its revenue management strategies.
Why it matters: Prior to implementing BEONx, GEH Suites grappled with a multitude of challenges. Updating their tariff structure, gaining a deeper understanding of property performance, and unlocking insights into revenue management were among the critical hurdles they faced. The hotel recognized the need for a transformative solution that could streamline data analysis, inform strategic decision-making, and ultimately drive revenue growth.
  • Empowering hotels to become more profitable and sustainable through our AI-driven hotel intelligence platform

Top 3 Core Objectives: Recognizing the need for a sustainable and data-driven approach, the hotel sought a comprehensive solution that could enhance operational efficiency while delivering exceptional guest experiences. After careful consideration, GEH Suites chose to partner with BEONx, renowned for its commitment to sustainable profitability, data management simplification, and operational excellence.
  • The challenge: Prior to implementing BEONx, GEH Suites grappled with a multitude of challenges. Updating their tariff structure, gaining a deeper understanding of property performance, and unlocking insights into revenue management were among the critical hurdles they faced. The hotel recognized the need for a transformative solution that could streamline data analysis, inform strategic decision-making, and ultimately drive revenue growth.

  • The solution: GEH Suites embraced BEONx’s comprehensive suite of solutions, including the powerful Recommendations engine, comprehensive Reporting capabilities, the Hotel Quality Index (HQI), and the innovative Autopilot feature. These cutting-edge tools empowered the hotel to automate data integration, receive actionable insights, and optimize pricing strategies for maximum profitability.

  • The results: GEH Suites’ partnership with BEONx has ushered in a transformative era for the hotel’s revenue management strategies. By leveraging cutting-edge technology, data-driven insights, and personalized support, GEH Suites has achieved sustainable profitability, operational efficiency, and an enhanced guest experience. As they continue to embrace BEONx’s innovative solutions, GEH Suites is poised to maintain its competitive edge and set new benchmarks in the hospitality industry.

BEONx

AI-driven Revenue Management platform designed to boost sustainable profitability through real-time pricing, automation and powerful strategic insights.

Innovators Mentioned

GEH Suites
BEONx
GH
Gloria Herrera
Hotel Tech Report reached out to Gloria Herrera who verified this case study.

Comercial

GEH Suites

"BEONx’s personalized service, extensive training, and swift support have been instrumental in our successful implementation. Their commitment to our success is truly commendable. With BEONx, we have unlocked a new level of agility and data-driven insights. Our Revenue Management department is now empowered to make strategic decisions that consistently beat RevPAR and ADR budgets."

Gloria Herrera

Comercial

👍 Comercial Gloria Herrera said that BEONx's personalized service, extensive training, and commitment to the client's success have empowered GEH Suites' revenue management team with agility, data-driven insights, and the ability to consistently outperform RevPAR and ADR targets.:
  • "BEONx’s personalized service, extensive training, and swift support have been instrumental in our successful implementation. Their commitment to our success is truly commendable. With BEONx, we have unlocked a new level of agility and data-driven insights. Our Revenue Management department is now empowered to make strategic decisions that consistently beat RevPAR and ADR budgets."

⚖️ The selection process: During their research process, Gloria Herrera evaluated BEONx's product differentiators, customer support, and holistic value as a strategic partner and ultimately decided that BEONx was the best fit solution:
  • Comercial Gloria Herrera said, about their decision: "BEONx's personalized service, extensive training, and swift support have been instrumental in our successful implementation. Their commitment to our success is truly commendable."

📈 The results: The implementation of BEONx’s Revenue Management System (RMS) yielded remarkable results for GEH Suites:
  • ADR and Occupancy Rates Increase The average daily rate (ADR) and occupancy rates increased between 5% - 10%.

  • Operational Agility The ability to swiftly adjust strategies, identify demand variations, and efficiently distribute rates contributed to a more dynamic and responsive operational model.

  • Improved Forecasting BEONx's sophisticated demand forecasting capabilities enabled data-driven decision-making, ensuring accurate pricing and inventory management.

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