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Developer’s Description
Revenue management system for hotels:We feel It's is important to know your competitors' Rates when developing your hotel's Pricing Strategy. Research has shown that you can exceed your competitors' RevPAR by as much as 9% by maintaining the proper rate differential. ReservationConnectPlus produces Competitive Rate Reports for hotels specific to your competitors. The ReservationConnectPlus Rate Reports analyze current and future rate information for your hotel and you're Competitive-Set of hotels. Our Reports allow you to go to one single location to view and understand what your competition is doing today and in the future. All data are "live", not from a stale database.Our system merges real time market data with your strategy to maximize your revenues. Our proprietary algorithm combines occupancy, Rack Rates, base Rates and Competitive-Set to calculate the optimal price for your hotel, and automatically transmit the new rates and allotments to all channels in real time seamlessly.
Used ResConnectPlus for Webware? Share your experience and help other users.
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