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A Revenue Management System (RMS) should be a core component of your hotel tech stack. Integrating with your PMS, CRS, channel managers, upselling tools and more, your RMS can assist your revenue teams in optimizing rates in line with market demand 24/7.
Collating your own hotel performance metrics, those of your competitive set and additional data sources such as web traffic demand and reviews, an RMS is a source of truth on real-time data and a vital tool for forecasting and budgeting.
More and more hotel groups are investing in a modern, cloud-based RMS to gain a competitive edge on pricing. Don’t get left behind.
Topics: Revenue Strategy