iRates: introduction to the new-generation Revenue Management software

We're excited to introduce iRates, a new generation Pricing and Revenue Management system.

iRates software gathers historical sales data as well as specific hotel characteristics (location, events, seasons, etc.) as part of the installation process. Our intelligent core processes sales data to restore real, not visible demand patterns that are specific for the property. Using adaptive management between different demand patterns and competitive environment information, iRates software develops most suitable Revenue Management strategy for the property and proposes updates for room rates and other relevant parameters. The hotel manager has a full control of the final pricing decisions and can manually edit these parameters at any step.