Q.How does Rate Quantum differ from competitor tracking systems?
A.Rate Quantum doesn’t follow competitors but assesses daily demand independently to set prices by continuously analysing thousands of data points.
R
Rate Quantum Revenue Management AI
★3.8
💬7
💲Freemium
Rate Quantum Revenue Management AI is an AI-powered tool that automates pricing and provides analytics for hotels. It connects to your Property Management System (PMS) via API, using advanced algorithms to analyze demand and adjust room rates to maximize revenue. The system offers intuitive dashboards, reporting suites, and forecasting tools to help hoteliers make data-driven decisions without manual effort.
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Platform
web
AI PricingAlgorithmic PricingAuto PricingHotel AnalyticsHotel ManagementRevenue ManagementRevenue Optimization
What is Rate Quantum Revenue Management AI?
Rate Quantum Revenue Management AI is an AI-assisted revenue management solution for hotels. It uses advanced analytics and algorithmic auto pricing to deliver substantial revenue boosts. Designed as a hands-off solution, it addresses the fact that 80% of hotels globally still price their rooms manually. The system is built by hoteliers and data scientists, offering effortless, AI-driven revenue management designed to save time every week. It operates by assessing daily demand independently to set prices, analyzing thousands of data points, and modeling itself after airline yield systems and stock trading.
Core Technologies
- Artificial Intelligence
- Algorithmic Pricing
- Data Analytics
Key Capabilities
- Automated Pricing
- Revenue Optimization
- Analytics and Forecasting
- Dashboard Insights
- PMS Integration
Use Cases
- Automatically adjusting room rates based on demand to maximize revenue
- Monitoring business performance with real-time dashboards
- Generating reports for informed decision-making
- Integrating with PMS for seamless operations
- Modeling pricing strategies similar to airline yield systems
Core Benefits
- Saves time with hands-off pricing automation
- Maximizes revenue through intelligent pricing
- Provides clear insights with user-friendly dashboards
- Offers flexible reporting for efficient data analysis
- No lengthy contracts required
Key Features
- Self-Evolving Pricing
- Powerful Dashboards
- Intuitive Reporting
- API Connectivity to PMS
- Analytics and Forecasting
How to Use
- 1Connect your Property Management System (PMS) via API.
- 2Allow the AI algorithms to analyze data and adjust pricing automatically.
- 3Review dashboards and reports to monitor performance and make adjustments if needed.
Pricing Plans
Monthly Cost (GBP)
£2 per room
Includes Pricing Module, API Connectivity to your PMS, Rate Quantum Dashboards, Analytics and Forecasting, Reporting Suite, Ongoing Product Support
Monthly Cost (USD)
$3 per room
Includes Pricing Module, API Connectivity to your PMS, Rate Quantum Dashboards, Analytics and Forecasting, Reporting Suite, Ongoing Product Support
Frequently Asked Questions
Q.What kind of reports does Rate Quantum offer?
A.Rate Quantum offers a suite of user-friendly reports designed for efficiency. These reports can be easily accessed, copied, and exported in the desired format, focusing only on the essential data.
Q.Is there a free trial available?
A.Yes, Rate Quantum offers a free trial with no payment method needed and no questions asked. You can enjoy a month on them and cancel anytime after that.
Pros & Cons (Reserved)
✓ Pros
- Hands-off solution that saves time and maximizes revenue
- AI-driven pricing based on independent demand assessment
- User-friendly dashboards and reporting suite
- No lengthy contracts required
✗ Cons
- Pricing is per room, which may be costly for larger hotels
- Requires API connectivity to PMS
- Limited information on the specific algorithms used
Alternatives
No alternatives found.