Select the Hospitality Revenue Management System That Has These Features

By
Mateusz
11 Jan 2022
5 min read
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Why Revenue Management Systems Matter for Hotels of All Sizes

Revenue management systems (RMS) are no longer a luxury—they’re a necessity. Large hotels, hostels, and airlines use them daily to:

  • Optimize prices after every availability change
  • Track competitive positioning in real time
  • Automate price updates across online travel agencies (OTAs)

No matter how much you invest in guest comfort, profitability depends on revenue optimization. And while most large properties rely on RMS tools, many small hotels still use outdated manual methods. Some don’t optimize revenue at all—often because of limited expertise or resources.

That gap creates opportunity. With today’s AI-driven RMS solutions, independent hotels can now compete on the same level as big brands.

What to Look for in a Revenue Management System

Choosing the right RMS can feel overwhelming, given the number of options on the market. Focus on these four core features to ensure your investment delivers results.

1. Seamless Integrations

A strong RMS should connect directly with your property management system (PMS) and OTAs like Booking.com and Airbnb. Two-way integrations allow you to:

  • Analyze booking trends
  • Compare competitive positioning
  • Update rates in real time across all channels

The process should be intuitive, without complicated workflows or heavy manual input.

2. Intelligent Price Generation

Modern RMS platforms use AI and machine learning to forecast demand and recommend optimal room rates. The goal: deliver prices that maximize revenue with the highest probability of conversion.

3. User Control and Flexibility

While automation is powerful, you should always remain in control. Look for an RMS that:

  • Lets you accept, reject, or overwrite recommendations
  • Allows price floors and ceilings
  • Provides alerts and smart notifications for dates requiring attention

For example, Pricepoint offers full access via browser or mobile app, putting decision-making in your hands while AI works in the background.

4. Demand-Specific Notifications

Dynamic pricing depends on responding to occupancy shifts quickly. A quality RMS will alert you to low- and high-demand periods, adjusting prices accordingly to capture more bookings without sacrificing average daily rate (ADR) or revenue per available room (RevPAR).

How Pricepoint Stands Out

Pricepoint combines all of these features into a fully automated RMS designed for independent hotels, hostels, and boutique properties. Key benefits include:

  • 24/7 real-time optimization after every availability change
  • AI-powered rate recommendations that adapt instantly to demand shifts
  • Seamless OTA integrations, including Booking.com and Airbnb
  • Mobile and web access for full control on the go
  • Smart notifications to highlight key dates and opportunities

The result? Higher occupancy, better ADR, and improved revenue performance without the burden of manual updates.

Conclusion

Not all revenue management systems are created equal. The right RMS should automate pricing, integrate seamlessly with your systems, provide intelligent recommendations, and give you the flexibility to stay in control.

👉 Pricepoint delivers all of this and more, helping properties worldwide increase revenue by up to 25%. Book your free demo today and see how AI-driven revenue management can transform your business.