Product Price Optimizer
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Price Optimizer

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By Yieldplanet
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Price Optimizer

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Angie Lacia

Hotel distribution optimization expert

About Angie Lacia

Overview

Launch year

2008

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Compatible integrations

4

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Description

Yieldplanet's Price Optimizer is a sophisticated tool crafted to revolutionize revenue management strategies within the hospitality sector. Its primary function is to dynamically adjust pricing in real-time based on market demand, competitor rates, and other relevant factors, ensuring optimal room rates to maximize revenue. One standout feature is its intelligent algorithm, which analyzes vast amounts of data to generate precise pricing recommendations, empowering users to make informed decisions quickly and efficiently.
Ideal for independent hotels, chains, small groups, and travel management companies, Yieldplanet's Price Optimizer caters to businesses seeking to enhance revenue streams and stay competitive in the market. While seamless integration with existing property management systems and booking engines is recommended to fully leverage its capabilities, no additional integrations are required to implement this technology, ensuring a hassle-free setup process for users.

Details

Infrastructure detailsCloud
Support languagesENAR
CategoryCommercial and distribution
SubcategoryRevenue Management System (RMS)
Integrations
IndustryHospitality

Screenshots, videos and other resources

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    Product features

    Hospitality Reporting And Data Analytics

    Booking Pattern Analysis
    Custom Reports
    Customizable Notifications And Alerts
    Market Insights Reporting
    Multi-Property Dashboard
    Pickup Analysis
    Scheduled Reports

    Forecasting RMS

    Financial Forecast Builder
    Five-Year Forecasting

    Market Intelligence Data

    Future Market Demand Data
    Market Trends
    STR data

    Optimization Cycles

    RMS Optimization Levels

    AI Optimization
    Client Mix
    Displacement Analysis
    Enterprise Business Guidelines
    Event Data
    Lost Business Data
    Open API
    Price Change Logs
    Smart Spreading Technology

    RMS Pricing

    18-Month Forward Pricing
    365 Days Rate Management
    Define Seasonality and Day of the Week Cycles
    Dynamic Price Room Type Hierarchy Control
    Dynamic Pricing
    Dynamically and Independently Price Different Room Types
    Group Pricing And Evaluation
    Manage Exceptions / Manual Overrides
    Open Pricing
    Price Explanation
    Set Minimum And Maximum Price Limit

    Productivity Tools

    Automated Room-Type Pricing
    Bulk Updating
    Controlled Automation/Algorithm Customization
    Guided workflows
    Mobile Optimized/Responsive
    Single Sign-On (SSO) Feature Available
    What-If Scenario Analysis

    System Generated Decisions

    Alternate Property Recommendations For Groups
    Alternate Stay Date Recommendations For Groups
    Hotel Overbooking
    Price Sensitivity Modeling
    Rates, Conditions & Advanced Restrictions

    Business Intelligence

    Meeting And Events Intelligence

    Sales Management

    Support Level

    Integrations

    Filter:

    Clear filter
    product-image

    Hotelogix Property Management System

    verifiedVendor verified
    Vendor: HotelogixCategory: Hospitality operationsSubcategory: Property Management System (PMS)
    product-image

    AxisRooms Revenue Manager

    verifiedVendor verified
    Vendor: HotelogixCategory: Commercial and distributionSubcategory: Revenue Management System (RMS)
    product-image

    Hotelogix Multi Property Manager

    verifiedVendor verified
    Vendor: HotelogixCategory: Hospitality operationsSubcategory: Property Management System (PMS)
    product-image

    Mews PMS

    unverifiedUnverified
    Vendor: MewsCategory: Hospitality operationsSubcategory: Property Management System (PMS)

    Technical specifications

    Specifications
    Configurations

    Yieldplanet's Price Optimizer offers a streamlined onboarding process tailored to the specific needs of each client. Upon engagement, our dedicated team collaborates closely with you to understand your requirements and objectives. We guide you through the setup process, facilitating seamless integration with existing systems and data sources. Comprehensive training sessions are provided to ensure that your team is equipped to utilize the platform effectively. With proactive support and personalized assistance, we ensure a smooth transition, allowing you to quickly harness the power of dynamic pricing to maximize revenue.

    Scalability

    Yieldplanet's Price Optimizer boasts impressive scalability, catering to the evolving needs of businesses as they grow. Whether you're an independent hotel, a chain, or a travel management company, our platform seamlessly adapts to increasing demand and expanding operations. With robust architecture and customizable features, our Price Optimizer accommodates businesses of all sizes, empowering them to optimize revenue management strategies effectively. From small-scale operations to large enterprises, Yieldplanet's Price Optimizer scales effortlessly to meet the unique requirements of each client, ensuring continued success in dynamic market conditions.

    Fee structure

    Monthly Flat Fee
    Pricing:

    Yieldplanet's Price Optimizer offers a flexible and transparent pricing model tailored to suit the needs of our diverse clientele. Our pricing is based on the specific features and services utilized, ensuring that clients only pay for what they need. We provide competitive pricing options designed to accommodate businesses of all sizes, whether you're an independent hotel or a large chain. Additionally, customizable packages and pricing plans allow clients to scale their investment in alignment with their growth and objectives, ensuring maximum value for their investment.

    Buyers

    FAQs