Overview

Infor Hospitality Revenue Management Solution enables you to make better pricing decisions, through real-time updates that reveal movements in the market and then update external systems with the adjusted strategic price.

The pricing process is from the guest perspective and includes the sources guests use to plan their stay.

RMS provides a strategic price and distribution and simulators to predict the effect that a change of price on a given day will have on demand and expected revenues.

The solution uses competitor rates to determine whether a property is a follower or a leader in the market. Based on that assessment, it uses competitor prices in its final price recommendation. RMS defines which properties should be considered competitors from the consumer perspective.