The RMS is a system of automated and semi-automated management of pricing strategies based on the real time analysis of the hotel’s data, market trends and the pressure of demand recorded by the hotel. Thanks to Artificial Intelligence algorithms, it can suggest optimal rate changes, differing by sales channels.
Revenue management system based on the creation of tariff strategies that automatically suggest a change in BAR level based on these three variables:
- Occupancy
- Booking Window
- Date of Stay
The system uses artificial intelligence algorithms that, by analyzing internal data of bookings, occupancies and average revenue and external data of demand pressure and price trends, determines the estimated occupancy by date and suggests optimal rate changes also calculated on the basis of a dynamic competitive set.
Can be both the Blastness CRS and your PMS management system, as well as all the other internal and external sources, to allow the system to have availability of all the information it needs to help you manage your pricing strategy in the best possible way.
The RMS, through the analysis of internal reservations, occupancy and average revenue data, has at its core a Forecasting algorithm that is able to determine for each date the estimated occupancy with a very high degree of accuracy (at 60/90 days the accuracy reaches between 92% and 95%)
RevPar growth (€) and consequent operating margins
