Hotel Revenue Management
Give Your Dynamic Rate Strategy a Boost
innRoad’s Rate innSights tool allows properties to achieve revenue and occupancy goals by giving hoteliers complete visibility into opportunities and soft spots in their property’s occupancy.
Goal Setting
It’s easy. Put a strategy to reach your goals and let innRoad help you achieve them. You can customize your goals and see real-time projected revenue forecasts using our hotel revenue management software tools.
- Set ADR, occupancy, and revenue goals
- Get recommendations on how to meet goals
- Forecast results
Monitor Progress
How do you know if your revenue management strategy is working? Simple – You can have your metrics sent to you daily, weekly, and monthly. Instead of spending time printing multiple reports, you can automatically receive an overview of your property’s progress that’s easy to read and take action from.
- innRoad Performance Digest highlights how your property is performing against the goals you’ve set.
- Monitor your property’s daily occupancy %, ADR, Revenue, RevPar, Cancellations, and total available room nights.
- Compare your current performance to the previous year.
Surge Alerts
Using our state-of-the-art hotel revenue management solution, you can take advantage of higher demand, even while on the go! If you aren’t at the front desk, you can easily be notified on your mobile device as reservations quickly roll in. Then, with just a few clicks, you can adjust your rates in real-time, while you’re away from your desk.
- Surge Alerts will notify you when the property has received multiple bookings for the same date in a short period of time.
- Adjust inventory on third-party sites as occupancy increases for selected days. Our hotel revenue management system allows you to focus on capturing direct bookings or increasing rates.
Automated Rate Changes
Are you away from your computer? Too busy helping guests? With innRoad, you can automate rate changes in response to changes in booking activity. For instance, our Yield Management tool can increase or decrease your rates based on your occupancy percentage. It allows you to automatically issue a rate change when you receive a Surge Alert or reach a specific occupancy target. Save time and headaches and let our hotel revenue management software do the work for you!