Automated Hotel Revenue 
Management Software

Aiosell's fully-automated revenue management system uses AI to help you set & maintain optimal room rates in order to make strategic pricing decisions that drive maximum profits.

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How Aiosell Works

How it Works

  • Aiosell’s automated revenue management software uses artificial intelligence to dynamically set rates based on supply, demand and competition.
  • The fully automated system changes the rates in real-time, 24×7, 365 days.
  • It is effective since rooms are perishable inventory with high fixed costs and low variable costs.

Internal and External Factors that Decide Rates … 24x7

Aiosell’s AI algorithms automatically generate and update the prices of rooms on various channels based on internal & external factors. Occupancy, seasonality and booking window are the internal factors. Competition prices, booking demand, and time of the day or week are external factors.

Factors of Aiosell Ratings

All in One Hotel Technology

Aiosell provides a multi-technology integrated solution relevant to the hotel industry so you can one-stop-shop for all your needs without working with multiple technology providers.
All in one technology

Aiosell Add-ons

12 add-on options to help you build the ultimate revenue management system to cater to your hotel’s unique needs

Property Management System (PMS)

A cloud-based integrated PMS solution & mobile app that has 2-way connectivity with the Revenue Manager & the pricing system.
Property Management 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.
Channel Manager

Booking Engine

A one-click ready booking engine that integrates with your pricing system to get maximum direct bookings.
Booking engine

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Reviews Manager

Ability to measure your hotel reputation and reviews across all online channels, provide real-time notifications and analytics for performance measurement.
Reviews and Reputation Manager

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.
Multi Property Management System

Competition Rate Shopper

An easily accessible consolidated view of your rates in comparison to competition across all publicly available channels.
Compettion Rate Shopper

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.
Analytics and Reporting

Hotel Website

Create a one-click website for your hotel using information like photos, location, and facilities offered by your hotel
Hotel Website - One Click

OTA Management

Optimize and manage your presence across all OTAs to ensure you get maximum value from all channels by boosting ranking.
OTA Management

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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.
commission-tracker

Direct Feedback System

Collect automated SMS based feedback from your guests in real-time during check-out without installing any additional hardware.
direct-feedback-system

Meta-Search Manager

Ensure your direct channel is visible and effective across meta-search platforms like Google, Tripadvisor, Kayak, Trivago, etc.
Meta Search Manager

Accounting Support

Break down each booking into different accounting and tax headings to help you file your taxes and manage your accounting books.
Accounting Support

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Find The Best Revenue Management
Solutions with Aiosell

So, what exactly is revenue management? Revenue management for hotel is optimizing the revenue in any given conditions. In a nutshell, it's the act of selling the right room to the right visitor at the right time at the right price. A revenue management system can do this automatically based on your revenue management strategies. However, before you can start formulating revenue management strategies, you'll need to understand the fundamental concepts that make revenue management function.

Aiosell offers the best revenue management solutions so that you can enjoy a peaceful life.

These foundations apply to every business that uses revenue management through a revenue management for hotel, including hotels, restaurants, music venues, airlines, and more. Understanding these fundamentals can help you make more smart revenue management decisions depending on their strategic revenue management.

Revenue management strategies for keeping your capacity managed

Capacity will always be a role in any revenue management system approach, whether you're thinking about a hotel, a restaurant, or a stadium. A set number of units available to sell within a certain time period is referred to as capacity.

The number of rooms available to reserve at a hotel on any particular night is known as capacity and is an important measure for hotel revenue management solutions. If a meeting room can be divided into smaller rooms or the layout of tables and chairs can be changed, the meeting space may have more flexible capacity limits.

Variable costs are what we handle in the best form

There are two types of operating expenses: fixed and variable costs that help in handling revenue management for hotels.

  • Fixed costs in a hotel, such as an employee pay, building rent, and property taxes, remain constant regardless of the number of rooms filled and are often managed by property management software in hotel.
  • Variable costs, or marginal expenses, change depending on the number of rooms occupied. These fees include the housekeeping salary for cleaning the room, in-room amenity replenishment, laundry expenses, and more. One of the basic principles of revenue management for hotel is understanding that the price of the room should always be more than variable costs but beyond that it can change according to circumstances.
  • Hotels often have low variable costs, which means the cost of filling a room is substantially lower than the fixed expenses, allowing hotel revenue managers to modify rates more freely through their hotel revenue management systems.
  • You should know the variable cost of a room at your hotel as a hotel revenue manager so you can adjust rates properly. An RMS software can help optimise your revenues under these constraints.

Handling to the perishable inventory made easy

Apart from fixed and variable costs, a revenue management software also considers a third constraint - the perishable nature of your inventory.

Perishable inventory refers to inventory that is only sellable until it reaches its "expiration date," beyond which it has no value. In the hotel sector and with regard to revenue management strategies, this means that a reservation for September 1st night has only value until September 1st; after September 2nd, you won't be able to sell the room night.

Although it may be tempting to assume that you want to sell every room night before check-in, this does not imply that you want to take reservations at any price. Your price must cover at least variable costs and hotel revenue management software understands this.

A smart hotel revenue management software balances the number of rooms sold per night (occupancy rate) with the price. This equilibrium is determined by the hotel's overall priorities: is occupancy or profitability more important? This is a crucial consideration as a revenue management company expecting an increased demand in near future will want to keep some rooms vacant.

To conclude, four of the chief factors for building a strategy for a revenue management system are fixed costs, variable costs, perishable inventory and expected future demand. An RMS software optimises the revenue under the opposing pull of these factors. However, not all revenue management software is the same and you must go for the best - that's where Aiosell.

Aiosell helps you in revenue management strategies so that you can handle the management in the best manner through our RMS software. Our state-of-the-art hotel revenue management software has already helped our businesses optimise their revenue. So, choose us as your revenue management company to increase the revenue of your business.

FAQs

Revenue Management

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