An Revenue Management System interface that provides hoteliers with optimal prices at minimal effort
The partnership between Guestline, an innovative provider of cloud technology for hotels, and RateBoard now offers hoteliers a simple connection between the two cloud-based systems. Excel sheets and manual price inputs are now a thing of the past.
Based on a mathematical algorithm, RateBoard calculates the optimal rate recommendations for the upcoming 365 days. In addition to providing forecasts and competitor comparisons, RateBoard also creates detailed analysis. This enables the hotel to make strategic as well as operational pricing decisions based on a solid database, and thus to optimize sales and capacity utilization.
“Our customers love the clear design of our software and the various implemented analysis tools. Hoteliers can save time and focus their attention on the key component of the hotel business, their customers. The World Wide Web is getting faster and more complex, with our tool we bring structure to the more and more digital world of pricing.” Matthias Trenkwalder, CEO RateBoard said.
"Anything that can help hoteliers understand their guests better and provide profitable price suggestions to ultimately boost their revenue potential will be a welcome addition. We’re all about saving hoteliers time and the seamless integration between our systems will provide hoteliers with optimal prices at minimal effort so they can spend more time with their guests" added Sara Canatario, Product Marketing Manager at Guestline.
Best Western Hotel Lamm in Singen, Germany is already benefiting from the integration. Their CEO Heiko Stärk commented, “The interface between RateBoard and Guestline allows us to reduce our workload and save time. The connection provides a deeper insight into our sales, simplifies the rate maintenance enormously and supports us in our daily work. It's a great addition to the existing Guestline interface with Best Western”
"We are pleased to officially launch the interface between RateBoard and Guestline. This partnership enables us to offer our customers an optimal user experience within the two systems.” said Simon Falkensteiner, CEO RateBoard.
RateBoard is an innovative, cloud-based Revenue Management Software, that provides hoteliers with the optimal price recommendations based on historical hotel data, current market demand, competitor prices, holidays and events. With the numerous amount of interfaces, hotels can easily connect RateBoard to their Property Management System or Channel Manager. In combination with detailed analytics and forecasting tools the Software makes price management more efficient and improves the hotel’s profit and occupancy. For more information, please click here.
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