Integration partnership between RMS and Right Revenue
RMS and Right Revenue partner to provide independent hotels real-time data, AI-powered forecasting, and dynamic pricing for revenue optimisation.
LONDON – RMS, a leading hospitality platform for hotels, motels, serviced apartments and short-term rentals has announced an integration partnership with Right Revenue, a powerful revenue management solution for independent hotels.
This integration provides seamless, real-time data information flow between the two platforms, enabling hotels to make faster and smarter pricing decisions with more accurate forecasting.
With live booking data from RMS feeding directly into Right Revenue's AI-powered platform, hoteliers can optimise room rates, anticipate demand and maximise revenue with minimal input, positioning them to adopt a strategic rate strategy in line with larger hotel chains.
Adam Seskis, CEO at RMS, said: 'For independent hotel owners and operators, the lack of accurate revenue forecasting can lead to missed booking trends, ultimately resulting in significant revenue loss. Our integration with Right Revenue addresses these challenges. This partnership combines two powerful platforms to give independent hoteliers a competitive edge. By integrating RMS with Right Revenue, we're enabling access to real-time insights, automated pricing, and faster, smarter decision-making.'
Adrienne Hanna, Founder and CEO of Right Revenue, said: 'Our goal is to help independent hoteliers set the right pricing strategy to maximise revenue. By integrating with RMS, we're making it easier for independent hotel owners to achieve that balance, ensuring improved income and freeing up time to focus on enhancing the guest experience.'
Right Revenue delivers both pricing suggestions and forecasts every day for two years in advance with less than a 2% margin of error and double-digit revenue growth. Hotel managers can use the platform to forecast by segment, source, channel, room type, and rate type, unlocking smart rate recommendations to keep them ahead of the curve.
The integration between RMS and Right Revenue will provide hoteliers with customisable, real-time reporting and a clear view of key business KPIs, all within a single, intuitive platform. By factoring in live guest booking behaviours, the system delivers dynamic rate suggestions, enabling hoteliers to tailor their offerings to match current demand and optimise revenue opportunities.
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