Room pricing has always been a challenge for us, but not anymore since we started using the THRev.co system.
RMS (Revenue Management System) is a solution that transforms the way hotels manage revenue, making it smarter and more responsive to market changes. By integrating advanced technologies such as Artificial Intelligence (AI) and Big Data analytics, this system collects and analyzes data from various sources, including booking history, guest behavior, and even economic trends and market competition. The gathered data is then used to build models and accurately forecast future demand, enabling hotels to adjust room rates efficiently for each period.
With dynamic pricing capabilities, the RMS not only helps hotels set prices that align with current market conditions but also increases occupancy rates and Average Daily Rate (ADR). This allows hotels to maximize daily revenue while staying competitive in a rapidly changing market.
Additionally, the system provides valuable insights through reports and performance analyses, allowing hotel executives to develop strategies and make informed decisions regarding marketing, promotions, and future investments. Having comprehensive and accurate data enables hotels to respond promptly to customer demands and market fluctuations.
In the digital era, where competition in the hotel industry is intense, the RMS is a crucial tool that helps hotels adapt and maintain their competitive edge. With advanced analytical and forecasting capabilities, hotels gain the flexibility to manage room pricing and plan long-term strategies effectively, ensuring continuous revenue growth in every market condition.
Our system is designed to help hotels maximize their Average Daily Rate (ADR) by selling rooms to the right customers, at the right time, and at the optimal price for each period. Our software is built to efficiently support hotel management using AI technology and Big Data to dynamically adjust room rates in real-time. It accurately responds to market demands and hotel goals. Operating 24/7, this system ensures that your hotel sells rooms at the best price while boosting revenue (ADR) and enhancing your hotel's competitive edge to its fullest potential.
The system handles most tasks automatically, making it very easy to use without the need for additional training.
Capable of adjusting prices up to 40 times a day, ensuring the best rates for your hotel at all times.
Helps your hotel generate sustainable revenue growth effectively.
Helps your hotel sell rooms at the best possible prices by considering internal factors (e.g., occupancy rate) and external factors (e.g., seasonality or market competition).
Reduces pricing errors and enables the team to focus more on customer service.
Hotels that use Revenue Management effectively can price more appropriately and respond to the market better.
| Features | Description | |
|---|---|---|
| Property Management System (PMS) | A cloud-based integrated PMS solution & mobile app that has 2-way connectivity with the Revenue Manager & the pricing system. | |
| Channel Manager | Channel Manager Software connects to over 100 channels across the world with real-time ability to post inventory, rates and retrieve bookings. | |
| Hotel Website | Create a one-click website for your hotel using information like photos, location, and facilities offered by your hotel | |
| Booking Engine | A one-click ready booking engine that integrates with your pricing system to get maximum direct bookings. | |
| Reviews Manager | Ability to measure your hotel reputation and reviews across all online channels, provide real-time notifications and analytics for performance measurement. | |
| Multi-property Management & CRS | Manage all hotels in your chain / group using common login, analytics, and centralised reservations . Get individual or consolidated reports. Make sub-groups, add users to group or sub-groups. | |
| Analytics & Reporting | An easy-to-use dashboard to access all data and analytics of your bookings, customer behavior, and booking patterns that can help you make smarter decisions. | |
| Competition Rate Shopper | An easily accessible consolidated view of your rates in comparison to competition across all publicly available channels. | |
| Direct Feedback System | Collect automated SMS based feedback from your guests in real-time during check-out without installing any additional hardware. | |
| Meta-Search Manager | Ensure your direct channel is visible and effective across meta-search platforms like Google, Tripadvisor, Kayak, Trivago, etc. | |
| OTA Management | Optimize and manage your presence across all OTAs to ensure you get maximum value from all channels by boosting ranking. | |
| Commission Tracker | Calculate the total commissions paid to OTAs each month, track the commissions per voucher and ensure that commission payments are paid on time. | |
| Accounting Support | Break down each booking into different accounting and tax headings to help you file your taxes and manage your accounting books. | |
Effective revenue management strategies can increase hotel revenue by up to 40%. The AI-powered automatic price adjustment strategy can adjust prices up to 40 times a day. THRev.co's system considers more than 10 internal and external factors to calculate the most appropriate price for customers at each time period, aiming to maximize the hotel's revenue.
THRev.co's AI algorithms fully automate the system to change rates in real-time, 24/7, 365 days a year.
Room pricing has always been a challenge for us, but not anymore since we started using the THRev.co system.
Have you ever had to close allotments on OTAs one by one when rooms were full? Or check competitor prices every morning to set the best rate for your hotel? These problems are instantly solved with THRev.co, giving me more time to live my life and learn new things.
With THRev.co managing the revenue of our private suites, our revenue has increased by 20-30%.
great results, more yield, less manual work, and top-tier support. THRev.co is not just a tool — it’s a partner in your hotel’s success.
Discover how Khun Pop, owner of Ascella Bangkok and Ascella Pratunam Hotels, leverages THRev.co’s Channel Manager and PMS to simplify operations, manage pricing with flexibility, and improve hotel efficiency in the Pratunam area.
THRev.co is a revenue management system that is simple and takes care of you as if you have a Revenue Manager by your side.
Increased revenue by approximately 15-25% without the headache of managing staff makes THRev.co more than worth it.
Explore THRev.co with Khun Som from Shan Villa Sukhumvit. Discover modern hotel revenue management strategies that boost income, minimize errors, and enhance guest experience.
THRev.co accurately optimizes pricing, significantly increases ADR, and reduces the workload for our reservation and marketing teams.
Three months after opening the hotel, we saw a 40% higher occupancy rate and a 20% higher ADR than we had forecasted.
Need More Help?
THRev.co provides both fixed & variable pricing models for hotels.
All in One System
THRev.co is a fully integrated cloud based Hotel Management System & ERP that can increase your hospitality business & reduce costs & inefficiency
Property Management System
THRev.co is a comprehensive cloud-based Hotel Management System, utilized by over 400 properties across 35 countries, poised to elevate the success of your hospitality business.
Revenue Management System
THRev.co's fully automated revenue management system utilizes AI to assist you in establishing and sustaining optimal room rates, enabling strategic pricing decisions that drive maximum profitability.
THRev.co is a unique Dynamic Pricing & All-in-One Hotel System that can help hotels increase revenues & maximize profits, increase business and efficiency while reducing costs.
Uses AI & dynamic factors to automate hotel rates 24x7 All in One Hotel Management & Marketing System
