Revenue Management and dynamic pricing made simple with RateBoard: Throw away the spreadsheets, have the optimal price per room automatically delivered to you daily, while you focus on your strategy and making your guests happy. RateBoard is a powerful and yet very easy to use Revenue Management Software. The stable algorithm suggests the ideal price for the next 365 days. It enables hoteliers to increase revenue up to 20 % and reduce costs of empty rooms by optimizing the occupancy rate. Analysis tools and smart individual notifications save a lot of time spent on manual data collection and thereby simplifies internal processes.
Use our algorithm recommendations, based on your hotel’s history and market data, to offer the optimal price for every available room and increase your revenue.
Set up the autopilot according to your preferred strategy, immediately accept the right rate recommendations and have them sent automatically to your PMS to save even more time.
Assess the most important KPIs for your hotel performance using the analysis tools. You can even compare your progress with previous results of important KPIs, like ADR and RevPar, your goals or market demand
Stay ahead of your competitors Check the market demand and how your competition reacts to it. Make use of the extra time to choose a better strategy and get a head start
- Rate optimization
- Intelligent algorithm which identifies booking peaks and lows early, calculates daily profitable price suggestions, internal and external data such as market demand, booking situation is considered.
- Rate shopping of the competitors
- Market demand and rates of selected competitors.
- Data and distribution analysis
- Deeper insight into sales to meet the guests’ needs, smart individual notifications save a lot of time spent on manual data collection and thereby simplifies internal processes.
- Event and holiday calendar
- Latest holiday periods from various nations to generate the optimal booking curve for each day.
Always the right price
The intelligent algorithm calculates daily profitable price suggestions.
Internal as well as external data such as market demand, booking situation and more is considered.
The automation of the workflow and the integration of existing systems are designed to save time and prevent mistakes in data maintenance.