Busy Rooms and Xotels today announced a strategic partnership that has developed a state of the art revenue management dashboard for the hotel industry.
The solution will provide hoteliers with unique management information and serves as a revenue management tool to optimize hotel performance. Available for sales as of today it will serve any lodging establishment across the globe.The revenue management dashboard, called Hotel Scienz, is an intuitive platform which provides complete and renewed insight into consumer demand for any size hotel or hostel property. The solution is multi-property capable and can therefore also be used by hotel groups.
The cloud based system is based on both in-house and external data, simplifying hotel yield decissions and strategies. It shows crucial information about property sales indicators and demand trends as well as strategic insights and detailed overviews of revenue management performance, analysis and action items:
Key performance indicators with insight for owners, general managers, staff departments and other property stakeholders.
Day by day demand, pick-up and revenue insight for any property
Pick-up information by market segment and sales or distribution channels
Competitor rate shops
Group and transient demand management tools
Past, current and future performance, compared to budgets.
Algorithms combine all data and provide forecasts and actionable yield information.
Easy-to-use information that hotels and hostels need on a daily basis to make smart revenue management decisions quick, easy and efficient.
Remko West from Xotels says:
'Our growing management portfolio and our non-stop search for continuously improving technology has led us to the conclusion that the best way forward was to find a partner that wanted to work with us and build a technology that matches our drive for perfection in revenue management.
We wanted to use our best practices to build a tool that creates easy insight in revenue management for stakeholders and makes revenue management decisions more efficient.
Too many systems use only a part of the data that influence demand, or offer data in formats that are hard to understand, and hard to use for revenue managers.
In addition we found reporting and communication tools not to be adapted to the people in a hotel organization that should not have the develop knowledge to understand how their property is performing. Future trends should be easy to understand for all stakeholders, and this is exactly what we have focused on.
Busy Rooms has the technology platform and development skills that allow for perfect integration of a performant revenue management dashboard.'
Daily Report Screenshot
Sascha Hausmann from Busy Rooms adds:
'After years of managing large technology companies we’ve seen that there’s still a significant technology gap in the market. Too often operational circumstances lead to pricing decisions, which directly affect property performance.
We are looking to make a shift towards a data driven decision process. Hotels should use better technology that provides smart and easy to read data which finally creates the insight hoteliers should have always had. With a good view on demand, we are finally enabling property and revenue managers to make the right decision and action immediately
Xotels has a decade of unique experience in revenue management across the globe, and their knowledge is the perfect match to build this solution that integrates into our full sales and distribution service platform.'
Xotels is a driving force of change in hotel management. With creative strategies and proven best practices, we turn hotel properties around. We are a result driven company and manage a diverse international portfolio of over 40 hotels, ranging from small boutique hotels to luxury resorts.