The hotel industry is going through a transformation and the way hotels do revenue management is changing. Therefore the benefits of a Revenue Management Software in todays dynamic and unpredicted markets are increasing in importance. Todays Revenue Management Software optimize and automate your prices and becomes every Revenue Managers best friend.
The focus of today’s revenue manager is not only to set prices and increase RevPAR. Above all it’s to also optimize the company’s long-term strategy, driving total revenue (TRevPAR) and profitability.
Subsequently Revenue management is taking on greater significance in the hotel industry
Benefits of using Atomize Revenue Management Software
– Streamlines your revenue management tactics
The main advantage of using Atomize is that you gain more time to focus on revenue management strategy rather than tactics.
– Automates your price adjustments
Let the system optimize and handle your price adjustments. The Atomize pricing algorithm decides the optimal room rate at any time in order to maximize your hotel revenue. Atomize is a revenue machine, working 24/7, 365 days a year, by day, and by room type.
– Future demand data Atomize ingests future demand data from Market Insight with millions of top-of-funnel search, and pricing data sources, including OTAs, GDSs, flight data, events, holidays, alternative lodging inventory, and meta-review sites. Demand data that reflects the hotel booking demand and booking intent in any geographical hotel market, 365 days into the future, will provide Atomize users with an unique insight into high-demand days and market anomalies.
Access to future demand data
will help hotels to be better equipped for market recovery and capture future demand with the optimal rates and offers. It will definitely give you an unprecedented leg up on your competitors.
– Multi property dashboard
With the Multi-Property UI,
hoteliers will get a comprehensive overview of their hotel portfolio to know which properties need action first. Through 360 monitoring of the performance of your entire hotel portfolio by aggregated KPIs, in real time, you will know how to follow up and act, at all times, wherever you are.
– Turns data into revenue with smart pricing
Smart pricing is what AI-powered revenue management is all about. Atomize employs artificial intelligence to decide the optimal price based on demand forecasts, competitor rates, and price sensitivities as well as other factors, such as type of room and length of stay.
With the latest innovation in machine learning and artificial intelligence (AI) Atomize is a self-learning software. Atomize continuously gains knowledge and insights that enable it to progressively improve the accuracy of its forecasts and pricing decisions.
– Ease of use
Simplicity is one of the main advantages of Atomize. You do not have to be a revenue management expert to use and understand the solution.
Price smarter, forecast more accurately, and increase your hotel revenue and profits.
Take your hotel’s performance to the next level with Atomize, the next-generation revenue management system.
– Stay ahead of your competition with real-time pricing
That means hotels using Atomize will continuously have real-time rates pushed live, around the clock, 365 days into the future, and dynamically for all room types. Moreover, to make sure a hotel is not missing out on revenue, room prices are updated at the highest frequency possible.
– Endless Reporting Capabilities
Make sure to keep track of how you are doing with endless reporting capabilities.
There are several RMS alternatives in the hotel tech space. Atomize offers an easy-to-use solution that doesn’t require an experienced revenue manager to operate it. It is built on the philosophy of automation to optimize and increase RevPAR and RGI growth.
Don’t you want to try intelligent and automated Revenue Management Software?