Enrich Revenue is an expert in hotel Revenue Management Systems, based on years of experience implementing and managing a variety of systems. Hotel revenue management systems promise revenue increases of at least 6% annually. This increase comes from occupancy and/or average daily rate increases. There are a few important aspects of working with a hotel revenue management system: quality and reliability of the data, usability of the system, algorithms being used to make rate, restriction and forecast recommendations. A hotel revenue management system can give the information and support needed to make educated strategies and get them implemented more efficiently.
Before Enrich Revenue recommends a hotel revenue management system to a client, we first make sure the hotel is maximizing revenues manually. After this step, we may recommend a system for the hotel, depending on the additional top-line revenues a system could provide. Our experience has shown that hotel revenue management systems are great when it is the right system for the hotel. If you need help deciding which revenue management system is right for your hotel, Enrich Revenue can help.