How an RMS Can Help to Improve Your Revenue Management

By
Mateusz
11 Jan 2022
5 min read
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Why Occupancy Isn’t Enough

A jam-packed hotel or apartment is not the only indicator of success. Just like any other business, the key metric in hospitality is revenue.

Since the first wave of COVID-19, the industry has faced unprecedented challenges:

  • Staffing shortages
  • Global supply chain disruptions
  • Shifts in travel patterns
  • Lower overall demand

While recovery is underway, hoteliers must double down on fundamentals like:

  • Building guest trust
  • Strengthening communication channels
  • Attracting and engaging new audiences
  • Preparing ahead for demand surges

With the right approach, even uncertain times can be opportunities for growth.

Take Better Pricing Actions

In every market, there are leaders and followers. Simply copying competitor prices won’t guarantee success—it can even hurt your profit margins.

Instead, hoteliers should:

  • Analyze real-time booking data from their RMS
  • Compare competitor rates for context, not direction
  • Set prices based on market demand, guest behavior, and profitability goals

A strong RMS doesn’t just show you market rates—it empowers you to price strategically, helping you position your property as a market leader.

Understand Seasonality and Plan Ahead

Seasonality is one of the most powerful forces in hospitality revenue management. A good RMS enables hoteliers to:

  • Identify low-occupancy periods early
  • Anticipate peak seasons, holidays, and local events
  • Adjust pricing and promotions ahead of demand

With this foresight, you can create targeted offers, align marketing campaigns, and ensure your rooms sell at the best possible price all year round.

How Pricepoint Helps

Pricepoint is an AI-powered, fully automated Revenue Management System built for hotels and apartments. It works seamlessly with your PMS and channel manager to:

  • Continuously monitor demand, seasonality, and competitor data
  • Generate and push optimal room rates in real time
  • Boost revenue by 10–25% on average and increase occupancy by 13%

Simple to install and easy to use, Pricepoint empowers independent hoteliers to compete on the same level as large hotel chains—without needing a dedicated revenue management team.

Conclusion

Profitability in hospitality comes from smart pricing, not just full occupancy. By using an RMS like Pricepoint, hoteliers can take control of their revenue strategy, adapt to seasonality, and future-proof their business against uncertainty.

👉 Ready to see how Pricepoint can transform your revenue strategy? Start your free 30-day trial today.