Revenue management software unlike any other
Let's compare them
Obstacles are inherent to any business.
But which are those impacting price management and therefore your revenue?
Losing money
Without the right revenue management tool, hosts find themselves selling rooms at a lower price than people are willing to pay. In effect, they leave money on the street.
Wasting time
They manage prices haphazardly by watching their competitors or doing it by themselves, wasting valuable hours they could be spending on guests or new growth strategies.
Making wrong decisions
To make correct pricing choices, so many factors need to be analyzed (market demand, destination trends, weather, events, etc.). Doing it alone is impossible.
Still remain with doubt
When the time comes to set a price, they are assailed by doubts: Is this really the best price that can be offered? Is this the correct time to publish it? They can never be sure.
What good is a dynamic pricing and revenue management software if it can't connect with your PMS and channel manager?
Smartpricing does.
Learn how Smartpricing has revolutionized the work (and lives) of your colleagues.
Desenzano del Garda (BS)
Castellammare del Golfo (TP)
Canazei (TN)
Venezia (VE)
Rimini (RN)
Roma
The software does the heavy lifting, you set the rules and enjoy the benefits.
The software automatically collects information internal and external to your accommodation, constantly cross-referencing past and future booking data, market trends in your location, and the impact of events and holidays.
Smartpricing's algorithm processes the collected data, calculates starting prices, and applies the most effective dynamic pricing strategy based on your facility and market trends. As it does so, it always takes into account the rules or price limits you have set.
Integration with your management software and channel manager allows Smartpricing to publish price updates automatically and in real time. This saves you valuable time and gives you the confidence of avoiding mistakes.
Smartpricing helps you increase the effectiveness of your pricing strategy and achieve your goals quickly and easily. You always have full control over everything, but without increasing your workload or needing to be a revenue manager yourself.
Find out what how they feel about it
La Forestale (Acqualagna, PU)
"Smartpricing allows me to sell fewer rooms at a higher price. I earn more and work less, and can now improve my quality of life and seek greater balance."
Hotel Sole e Mare (Camaiore, LU)
"Thanks to Smartpricing, in 2022 I recorded the best turnover ever since I have been running the hotel! I am much more relaxed now."
Antica Locanda Sturion (Venezia)
"I have saved so much time that I can devote to other activities, such as following up with clients or better managing the marketing department. With Smartpricing I have recouped at least 3 hours of the day."
Hotel Il Perlo (Bellagio, CO)
"Smartpricing's artificial intelligence algorithms analyze much more data in real time and suggest better prices than I ever could."
Palazzo Starace (Sorrento)
"In 2019 I had a room I was selling at €180.00 and Smartpricing suggested I raise that to €370.00. At first, I thought I couldn't sell it, but I was wrong!"
Hotel Alla Corte (Bassano del Grappa)
"Thanks to Smartpricing, I beat every forecast for turnover: in May +39%, in June +41% and in August +60% compared to 2019. Without Smartpricing I would never have achieved these results."
Smartpricing is revenue management software that finds the right price at the right time for your rooms or apartments.
Smartpricing's algorithm can collect a huge amount of data (your past and future bookings, the impact of holidays and events, past and future price trends) and use it to identify trends in your market. Based on this information, the algorithm applies the most effective dynamic strategy to your starting prices, increasing or decreasing them continually and up to 500 days ahead.
Finding the best price is not always an exact science: there are different outlooks in the world of dynamic pricing, and Smartpricing provides a neutral one.
It is neutral because it is based on the constant analysis of objective data, internal and external to your facility. And it is through this analysis that Smartpricing empowers you to more quickly find the price that works for you, at any given time, and based on the characteristics of your accommodation and the market in which you operate.In addition, Smartpricing's algorithm can register any changes and react quickly, adjusting prices accordingly.
Smartpricing connects to your management and channel manager software and collects your historical and future booking data, if available. It then adds on market trends in your location and the impact of holidays and events. This allows it to identify the trends that are most relevant to your accommodation while continually monitoring and updating them.
The software scans information and online search results, identifying events relevant to bookings in your destination.In the very rare case that an important event is not detected, you can enter it through the dedicated feature. Additionally, you can disable the impact that events already entered by the software have on your strategy.
Absolutely, Smartpricing easily connects with major PMS and channel manager, making it much easier to use.
Of course! Your intervention is important to get the maximum results from Smartpricing. That's why the software gives you all the tools you need to be in full control at all times in a simple and intuitive way.You can adjust your starting prices to best reflect the value of your accommodation, and you can set a minimum and maximum price, for specific dates and/or by room type, which the software will not be able to override. Finally, you can dial the dynamism of the algorithm's strategy: from the most aggressive level with marked price fluctuations to the most conservative with slight variations. With its high level of customization, Smartpricing gives you the ability to pursue each of your specific growth objectives with greater efficacy and ease.
Of course, the software allows you to enter your own rules and exceptions.
We recommend, however, that you adopt dynamic pricing with your legacy customers as well.
