June 9, 2015, Vancouver, BC: Competition is fiercer in the hospitality industry than ever before. As hoteliers deal with the changing landscape of the industry with OTAs and emerging technology, they realize the business is changing. In this aggressive marketplace, hoteliers are looking for ways to stay competitive and implementing automated technologies to assist. RoomKeyPMS is committed to assisting hoteliers run their operations smoothly and is pleased to introduce our latest integration with PriceMatch, a powerful revenue management system.
PriceMatch’s machine learning algorithms are tailored by a team of mathematics graduates and hotel industry veterans. They take your reservations history, competitors’ prices, seasonality, e-reputation, local events, and more factors to recommend the optimal price to maximize revenues. Being cloud-based, there is no heavy software to install. Their user-friendly platform allows you to easily enter in your data points and on average customers of PriceMatch see 7% increase in RevPAR. This fully integrated solution will allow RoomKeyPMS users to review automated recommendations in PriceMatch and seamlessly push rate changes back into RoomKeyPMS.
“RoomKeyPMS is very excited to add the innovative technology that PriceMatch brings to the table,” says Kerry Brock, Vice President of Sales and Marketing. “Offering our hotelier partners an easy to use, fully integrated revenue management solution will reduce the complex and time consuming task of managing rates and increase occupancy and revenue.”
“We are really happy to integrate with RoomKeyPMS, as we believe this kind of partnership between expert cloud-based platforms constitutes the future of the hotel technology landscape. Real time data flow from RoomKeyPMS to PriceMatch RMS allows the hotelier to seize every revenue opportunity, while the automated push of rate changes is a real time-saver” added Erik Munoz, Chief Marketing Officer at PriceMatch.
Visit the RoomKeyPMS at Booth #324 at HITEC on June 15-18th in Austin, Texas.
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