RateWise - Rate Management System

RateWise - Rate Management System

Rate Management for hotels can be complex and time consuming, but it is critical to the success of your business. It requires key staff to make rapid decisions often with inconsistent data from many sources and is prone to errors which can prove expensive.

RateWise RMS is a cloud based Rate Management System for hotels which calculates optimised room rates to ensure higher room sales at the best achievable rates.

Advantages of RateWise RMS:

  • Saves you 8 to 12 Hours per week on reviewing and updating websites manually;
  • Senior staff are no longer tied up on a regular basis in rate decisions;
  • In previous years, we have achieved a 10% increase in revenue at our reference sites;
  • Direct link to Channel Management Systems;
  • Monthly cost effective pricing option;
  • Experienced Revenue Management Consultant available to set up the system;
  • Consolidation of rate management across hotel groups;
  • Competitor rates displayed and factored in to rate decisions;

> Download Rate Wise Brochure (PDF)

Testimonials

"Rate Wise has been the major factor in transforming our room revenue...highly invaluable, it has reduced 1 and ½ days of work per week down to 3 hours... helps rate parity across all 3rd party websites...maximizes revenue, especially on key dates"

Clontarf Castle

Pius Furlong - General Manager, Clontarf Castle Hotel, Dublin, Ireland

"Calculating and loading our room rates to the sales channels previously took nearly two full days per week when done manually – this is now completed in less than two hours a week for two properties... With Rate Wise, we now manage rates daily, for up to 18 months out and with a degree of flexibility in rate reaction which is simply not possible in a manual process."

Mary Buckley - General Manager, Crowne Plaza Dublin Airport, Dublin, Ireland