Rate Management System
Streamline Revenue Strategy With Advanced Rate Management System
Look beyond simply filling rooms and unlock the true potential of the hotel with an advanced RMS. The system uses real-time data to optimize hotel rates, automatically. Attract guests with competitive offers and maximize revenue.
The Secret to Higher Revenue Generation
Our advanced RMS goes beyond static pricing, acting as a secret weapon for unlocking significant revenue increases in business.
Effortless Optimization
Our RMS automates the entire rate management process, freeing up valuable staff time.
Helps in Data-Driven Decisions
Our RMS helps in making informed pricing decisions, identifying trends, and fine-tuning strategies for greater results.
Provides Competitive Advantage
Ensures competitiveness by analyzing competitor pricing strategies and adjusting rates accordingly.
Dynamic Bar
Unlock the Power of Occupancy-Driven Dynamic Pricing.
Dynamic pricing that auto-adjusts rates based on the occupancy events.
Automated BAR Levels Switching
Set it and forget it! The system automatically adjusts the best available Rate (BAR) based on real-time occupancy and events.
Relative Pricing Offsets
Don't settle for one-size-fits-all pricing! HotelKey RMS helps to manage BAR levels with ultimate flexibility.
Human Override
Don't let algorithms dictate everything! Human Override allows the setting of custom BAR levels for specific days, temporarily bypassing occupancy-based pricing.
Season Management
Capture peak demand: Automate pricing for seasonal fluctuations.
Flexible Seasons
Unlock more revenue. Effortlessly manage peak & off-season pricing with flexible price adjustments.
Embedded Dynamic BAR Levels
Auto Activation
Special Events
Capture the crowd: Streamline pricing for special events using RMS.
Automated Demand Forecasting
Our RMS analyzes data, and event details, to predict potential demand surges for special events with incredible accuracy.
Smart Rate Adjustments
Targeted Packages
Notifications & Rules
Automated notification based on house occupancy.
Negotiated Rates
Define company rates with specified discounts and date restrictions.
Direct Bill Setup
Automated Invoice Creation
Comp Shop Data
Benchmark business performance with comp shop data, offering insights into local competition.
OTA Insight Partnership
Our partnership with OTA Insights provides a competitive benchmarking data feed.
Daily Shop
Adjust Rates with Comp Rates
Automated STR Integration
Flexible Property Settings for Personalized Management.
Configurable Charge Types
Choose from preset or create custom charge types, including parking and pets.
Dynamic Payment Types
Rich Taxation
Advanced Restriction Control
Apply restriction controls to maximize revenue potential and occupancy statistics.
Optimize Overbooking Strategy
Analyze past cancellations and no-shows to set precise overbooking limits by rate plan, room type, and date.
Balance Rate Plan with NLRA and Opaque Counter
Maximize Event Revenue with Flexible Close Restrictions
Policy Management
Standardize rate policies through system configuration to reduce frontdesk decisions.
Advance cancellation policies
Automate deposits by booking or arrival windows for accuracy and efficiency. Set No-show nights per rate plan for customized policies.
Enhance occupancy with tailored promotions
Automated Deposit Policies
Curious to Learn more? These Questions Might Help!
HotelKey's rate management system provides real-time price adjustments based on market demand and booking trends. For example, if there's a sudden surge in bookings or cancellations, hoteliers can quickly increase or decrease rates to reflect this change, preventing revenue loss during peak periods.
A standout feature is its seamless integration with channel managers, ensuring that rates are updated across all OTAs simultaneously. This eliminates the risk of pricing discrepancies and overbookings. HotelKey also offers advanced forecasting tools that allow hoteliers to predict demand more accurately, optimizing pricing.
Yes, HotelKey supports complex pricing structures such as length-of-stay pricing, where rates vary based on how long a guest stays. It also allows for the creation of different rate plans for corporate clients, groups, or event bookings, all of which can be dynamically adjusted based on real-time data.
24*7 Customer Support
Don't let glitches disrupt a great guest experience. HotelKey offers 24/7 customer support to provide expert help anytime, anywhere.
Contact SupportHigh Customer Satisfaction Score
Be confident in selecting a PMS trusted by hoteliers worldwide. Our high customer satisfaction scores are a testament to the positive impact HotelKey PMS can have on hotel operations.
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