Maximizing RevPar is vital to the prosperity of your tourism establishment
In the competitive world of tourist accommodation (hotels, campgrounds, lodging, resorts), maximizing occupancy and revenue per available room (RevPAR) is essential to ensure the prosperity and growth of your establishment.
Septeo Hospitality offers several types of solutions depending on your needs and software:
From pricing rules to real-time price management through Revenue Management to dynamic pricing, there are several possibilities:
This method consists of establishing fixed rates for rooms or housing units, which do not vary according to demand or other external factors. Rates are usually based on criteria such as seasonality, day of the week, or specific room categories.
Dynamic pricing adjusts rates in real-time based on specific triggers linked to periods and types of accommodation. With dynamic rate adjustment systems, accommodation providers can publish rates in the channel manager or directly in their booking engine, which are automatically adjusted to specific periods related to an increase or decrease in demand.
Promotional management functions in the PMS and CRS allow hoteliers to create, manage and distribute promotional offers directly from their management platform. These tools offer the possibility of defining price reductions, special packages or exclusive benefits (such as room upgrades, free services or loyalty point bonuses) based on specific criteria, such as length of stay, booking period or sales channel.
This type of software, often equipped with artificial intelligence, makes pricing decisions in real-time by analyzing large amounts of internal data, proximity and direct competition. Septeo Hospitality has its own market-leading software solutions, in particular e-axess, as well as certified connectivity with major market leaders.
