• What is revenue management?

Maximizing revenue is crucial for any hotel to remain competitive in today’s market. With revenue management, hotel managers can leverage dynamic pricing and automate pricing strategies to offer the right room to the right customer at the right price, at the right time.

  • How is this possible?

By utilizing dynamic pricing tools, hotel managers can experiment with pricing rules, analyze competitor data, and implement new pricing strategies on a product or category level. Automated competitor data collection, price calculations, and price updates save time, allowing the team to focus on strategic choices that help grow the business.

  • Why is this process useful?

With revenue management, hotels can make smarter decisions, maximize profits, and stay ahead of the competition.

Sounds interesting? Then let’s dive in!

Advanced Revenue Management Strategies

Take your revenue management to the next level with our advanced pricing capabilities. Our system allows you to price room types, customer segments, stay dates, and distribution channels independently, giving you complete control to maximize revenue without sacrificing booking opportunities.

Stay Ahead of the Competition with Real-Time Rate Changes

Olympia Analytic’s innovative streamed analytics tool allows you to stay ahead of the competition by automatically detecting and updating rates in real-time as soon as market conditions change. This enables you to maximize revenue and optimize your pricing strategy on-the-go, without any delays or manual intervention.

Real-time Pricing for Events

With real-time pricing updates, through Olympia Analytic’s revenue management platforms we help hotels react quickly to spikes in demand caused by events. By increasing prices in seconds, hotels can maximize revenue and avoid selling out rooms too cheaply.

Monitor Your Hotel’s Performance with Ease

Get a quick and comprehensive overview of your hotel’s distribution performance and key performance indicators (KPIs) through our user-friendly dashboard. Stay on top of your hotel analytics and make informed business decisions with ease.

Additional Features

  • Get Actionable Insights with Comprehensive Data
    • Access a wealth of valuable information, including competitor data, booking and reservation data, reviews and comments. With our comprehensive data insights, you can make informed decisions and stay ahead of the competition.
  • Unlock Your Total Revenue Potential
    • Don’t limit your revenue optimization to just rooms. With access to data from your PMS, you can gain a comprehensive understanding of your total revenue potential and optimize accordingly.
  • Group accommodation management one-stop-shop
    • Find all data and information in one place without switching between systems.
  • Faster sales, and quicker
    • Respond promptly to customer inquiries and RFPs with automated, displacement-driven rate recommendations, resulting in faster sales and quicker turnaround times.
  • Streamline Your Sales with Displacement Analysis
    • Say goodbye to double-entry and hello to profit-driven analysis with our inter-system data sharing capabilities. By importing group reservations from your sales and catering system, you can quickly analyze displacement and make informed pricing decisions.
  • Streamline Report Generation
    • Automate your daily and weekly reporting processes with our complete automation solution. Save time and increase accuracy by eliminating the need to manually run and collate reports for stakeholders.