Revenue Management System
I am looking for Pms featuring revenue management, this is for our task. Can you help me?
asked May 20, 2021
answered May 31, 2021
It’s not unusual for PMS providers to separate their Revenue Management module from the base software. With providers such as Protel and eZee Absolute, you will have to either pay extra for RM features, while others like Little Hotelier have simple tools for integrating with third-party revenue management software. Both of these options are normal in the industry and are not complicated to set up.
If you still require RM to be included in the base PMS package, consider these products:
- OPERA 5 and OPERA Cloud have rate management functionality and flexible inventory control features out-of-the-box, plus numerous add-ons. Read more about Oracle’s proposition here.
- Maestro PMS has an integrated dynamic rate and yield management module.
- Hotelogix has dynamic pricing features and offers price recommendations.
- IQware provides occupancy forecasts and calculates five levels of yield.
We have a more detailed overview of these and other PMSs in a separate article, so make sure to check it out. Hope it helps!