HotSoft Rate Manager
HotSoft RateManager is a cloud solution that automates dynamic price management for rates and product packaging based on data from Hoist Group PMS, HotSoft.
Automated Dynamic Rate Pricing
This will allow hoteliers to take granular control of room pricing deployment and allow automated and continual adjustment of hotel rates to match demand changes.
RateManager Feautures
- Set an appropriate hotel base rate for all future dates based on current occupancy – currently for most hotels this is a subjective and/or manual process.
- Integrate with external Revenue Management Systems for further rate strategy input.
- Automatically calculate all of the differential pricing that is employed by the hotel industry for different package elements and further calculate all applicable pricing for variable room occupancy with internal price uplifts for different room types.
- Replace the time-consuming price updates in the local hotel software solution (PMS) for future dates to ensure that optimum pricing is delivered to the consumer, with no labour hours and accurate future pricing.
- Ensure that this optimised pricing is available to distribute accurately to any connected third party distribution channels or online booking engines.
- Automatically generate better Average Daily Room Rates (ADR) for the hotelier in occupancy ranges above 50%.
“We are very happy with HotSoft 8 as our booking system. To change a system during our busy workdays wouldn’t seem to be the easiest thing to do, but with excellent service and help from the support department, it went very well. ”
May-Therese Halvorsen
Marketing Manager, Rømskog Spa & Resort
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