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RMS

By SHR Group
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AI powered forecasting and pricing to maximize the property’s revenue strategies

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Louise Hibbert
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Angie Lacia

Hotel distribution optimization expert

About Angie Lacia

Overview

Launch year

2019

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Compatible integrations

11

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Description

The revenue management platform is designed to maximize profit with its range of features and capabilities. It offers real-time information on hotel status, forecasting, demand, and pricing per segment and room type. With its innovative AI model, the RMS can accurately forecast, price, and account for demand elasticity. The platform includes a unique "Strategy builder" tool that allows users to define their revenue management strategy. Automation is a key aspect, providing full control while streamlining processes. Additionally, the platform offers group displacement functionality to optimize revenue when evaluating requests. Overall, the RMS aims to maximize profitability through advanced forecasting, strategy building, automation, and optimization features.

Details

Infrastructure detailsCloud, Multi-Property
Support languagesEN
CategoryCommercial and distribution
SubcategoryRevenue Management System (RMS)
Integrations

Dedicated integrations team to assist with certification.

IndustryHospitality

Screenshots, videos and other resources

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Product features

Hospitality Reporting And Data Analytics

Custom Reports
Dashboarding And Data Visualization
Scheduled Reports

Forecasting RMS

Financial Forecast Builder
Occupancy Forecast
Unconstrained Demand Forecast
Booking status materialization forecast (Groups, corporate, creditcard guarantee etc)
ADR Forecast
Revpar Forecast
Day of week forecasting
Segmentation Forecasting
Total Revenue Forecast (all segments)
Demand Pace Analysis

Market Intelligence Data

Competitor Benchmarking
E-Reputation Monitoring
Future Market Demand Data
Market Trends
Integrated Rate Shopping Module
OTA Insight data
Rate Parity Alerts

Optimization Cycles

Multiple Times A Day

RMS Optimization Levels

AI Optimization
Channel Mix
Client Mix
Displacement Analysis
Enterprise Business Guidelines
Event Data
Market Segment
Market Segment By Room Type
Price Change Logs
Smart Spreading Technology
Price value recommendations

RMS Pricing

18-Month Forward Pricing
365 Days Rate Management
Contracted Client Pricing
Daily Pricing / BAR pricing
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
24-Month Forward Pricing

Productivity Tools

Alerts And Notifications
Automated Room-Type Pricing
Bulk Updating
Controlled Automation/Algorithm Customization
Guided workflows
Mobile Optimized/Responsive
Multi-Property Management
Real Time Price Optimization (auto-pilot)
Single Sign-On (SSO) Feature Available
What-If Scenario Analysis
Centralized User And Role Management

System Generated Decisions

Hotel Overbooking
Market Segment Pricing
Price Recommendation Per Room Type
Price Sensitivity Modeling
Rates, Conditions & Advanced Restrictions
Real Time Price Optimization
Room Type Overbooking

Business Intelligence

Availability Calendar (With Prices Per Day)
Calendar View
Create Custom Reports On The Fly
Dynamic Pricing
Flexible Role Based Reporting
Performance Data
Revenue Pacing
View Key Performance Indicators Across Portfolio Of Properties
Occupancy On-The-Books (OTB) Data (if supported)
Market Segments Analysis (Discount, Leisure, Groups, Corporate, Retail, Government, Wholesale)
Pickup Analysis
Early Warning Trends

Meeting And Events Intelligence

Group Pricing And Evaluation

Sales Management

Support Level

Office Hours Online Support
24/7 Online Support
E-Training / Online Training
Dedicated Account manager and Implementation Manager
Dedicated customer success manager
Dedicated onboarding specialist
Webinars and courses

Integrations

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OPERA Cloud Property Management

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Vendor: Oracle HospitalityCategory: Hospitality operationsSubcategory: Property Management System (PMS)
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Rate Insight

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Vendor: LighthouseCategory: Business intelligenceSubcategory: Rate Shopping Tool | ExploreTECH
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Stayntouch Hotel PMS

verifiedVendor verified
Vendor: StayntouchCategory: Hospitality operationsSubcategory: Property Management System (PMS)
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Infor HMS (Hospitality Management Solution)

verifiedVendor verified
Vendor: Infor HospitalityCategory: Hospitality operationsSubcategory: Property Management System (PMS)
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Oracle Hospitality Integration Platform ( OHIP )

verifiedVendor verified
Vendor: Oracle HospitalityCategory: Commercial and distributionSubcategory: Connectivity / Integration Platforms
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CRS

verifiedVendor verified
Vendor: SHR GroupCategory: Commercial and distributionSubcategory: Central Reservation System (CRS)
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Stayntouch Hotel PMS

verifiedVendor verified
Vendor: StayntouchCategory: Hospitality operationsSubcategory: Property Management System (PMS)
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Apaleo Open PMS

partially_perifiedPartially verified
Vendor: ApaleoCategory: Hospitality operationsSubcategory: Property Management System (PMS)
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protel Air cloud PMS

partially_perifiedPartially verified
Vendor: XN Protel SystemsCategory: Hospitality operationsSubcategory: Property Management System (PMS)
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Agilysys

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Vendor: AgilysysCategory: Hospitality operationsSubcategory: Property Management System (PMS)
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Mews PMS

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

Technical specifications

Specifications

Cloud based solution.

Configurations

The technology supplier has to do the set up from the back end, and training for the client is part of the pricing.

Scalability

Optimized dashboards and features for multi-property management.

Fee structure

Monthly Flat Fee
Pricing:

Per room per month pricing

Buyers

FAQs

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