What is Hotel Revenue Management System (HRMS) Software?
Revenue Management System (RMS), is a software solution which allows you to carry out important revenue management tasks more efficiently and effectively by utilizing historical data from the hotel, market at large and other data sources, current booking trends, and then forecasting the potential demand and calculating the value for this demand.
Common Features
Customer Segmentation | Manual Overrides | Multi Currency | Recommended Rates | Multi-Language Support | Demand Forecasting | Integration | Channel Management | Automated Revenue Management | Competitive Rate Modeling | Big-Data/Custom Data Sources | Availability Controls | Events and Promotions | Group Management | Multi-Property Support | Non-Room Revenue | Reporting | Real-Time | Data Visualization | Budgeting Forecasting | Performance Analytics | Business Intelligence Tools | Calendars | FX Rates
Date compared on May 16, 2024