What is Dynamic Pricing? Finding rates that maximize revenue is an everyday struggle for hoteliers with the changing market demands. How does dynamic pricing work? This time-based pricing model projects the best available rates at the right time for the right season and for the right guest. Alter pricing strategies using sophisticated technologies Save time and cost Make informed and accurate decisions to optimize profitability Hotelogix cloud-based PMS helps with implementing accurate pricing strategies in hotel industry. You can solve the challenge of selling room inventory at highest possible rates.
Analyze data, take informed decisions Without slicing and dicing data on guest behavior, market trends, and competitors’ performance, you won’t be able to take informed decisions to make the best use of peak seasons. You need to have this information in one place to have a competitive edge. And none other than Hotelogix can help you in this. Hotelogix’s reports and revenue management features powers you with- Have access to aggregated data on local market demand Get updated rate intelligence on your competitors Analyze and understand guest sentiment, offer them better services Manage online reviews, boost your online ratings, and reputation
Roll out special packages, deals; earn more You need to make more out of your peak season business, and Hotelogix PMS can efficiently help you in this. This would assist you in rolling out deals, special packages, and promos to get your guests to spend more at your property. Everything leads to enhanced revenue and optimized profit. Apply promo codes and special offers Set minimum length of stay to earn more room revenue Sell more non-room items
Save on man-hour; attend to your guests’ needs Hotelogix all-in-one, highly integrated and comprehensive PMS helps you with higher degree of operational automation. This helps you save time, and you can save significantly on man-hour. And we all know how important it is to handle guests personally during peak seasons. This is the right time when you impress your guests to gain their loyalty in the long run. Drag & drop to upgrade rooms and split reservations Allow your front desk staff to see room status in real-time Reduce guest waiting time at the front desk Provide faster check-in and check-out
Go live in just a few days We understand your inhibition about migrating to Hotelogix from your current PMS during the peak season. You may think that it is not wise to make this move when your business is in full swing and it will bring in added complexities that may hamper the hotel’s operations. This is your most important concern, right? Well, here is how we can help you in this – Easy setup, quick implementation in just a couple of days Faster data migration from old PMS to Hotelogix No time-consuming software training, you can still attend to your guests
Zero overbooking, get more direct booking Dealing with overbooking during peak seasons could be a nightmare for you. Turning away guests can damage your hotel’s brand. However, with Hotelogix in place, you can effectively deal with this situation. Hotelogix PMS has a two-way connectivity with your channel manager that ensures real-time update of your inventory and rates on all your sales channels. Distribute evenly on OTAs, metasearch engines and other sales channels Get more direct booking from your website and Facebook page Effectively do away with overbooking issues Make sure you honor guest reservations
Increase direct booking It’s not debatable anymore that having a good mix of bookings from all sources is helpful in increasing the yield. But getting commision free direct bookings is an ideal source of booking for every hotelier as it provides more top-line revenue per booking. Hotelogix provides intuitive web booking engine and facebook booking engine allowing guest to book their stay directly through hotel website and Facebook. Web booking engine : Helps in attracting guests thereby making them book directly. Facebook booking : Helps in leveraging the power of social media and cutting down booking time and hassle.
Simplify finance and accounts Hotel management software’s integrated with comprehensive accounting and hotel billing software helps in simplifying your day-to-day billing and transactional worries. Hotelogix streamlines your finance and accounts with a smart accounting software- Xero. Hotelogix’s integration with Xero helps you, Automatically import paid bills into accounts which can also be reconciled with the bank statement directly View real-time cash balances and compare live data to your recent acquisitions costs Match and store sales record with your customer records
Forecast demand and formulate strategies Having built-in analytics and reports help in tracking and analyzing your hotel’s current performance, growth and demand. This helps in forecasting business intelligence strategies. Hotelogix’s revenue management and pricing features powers you with, 100+ insightful reports to help you take informed decisions from anywhere and anytime. Group level analytics to manage and control multiple properties remotely from a central location. Rate intelligence and rate management tool to help you keep an eye on competitors pricing and get pricing suggestions.
Generate additional revenue with POS outlets While room sales is undoubtedly the main source of revenue for hotels, revenue generated by ‘Points of Sale’ outlets like restaurants, mini bar, spa, can also have a significant impact on the bottom-line. Hotelogix hotel POS system allows you to, Open unlimited POS outlets and sync it with your hotel management software Create customized packages like seasonal, holiday and others by clubbing rooms with POS items. Modify deals on the fly as per the demand to attract more guests.