Revenue Management

Revenue Managment

Revace has been lending further support to businesses by providing myriad services, from web development to social media management to advertisement, helping businesses achieve their true brand worth. Our strategy revolves around generating customer connection and further solidifying the connection through strategic interaction between your brand and its customers. Getting to know your business, understanding your audience and what matters to you is the core of our vision. Our deep understanding of changing digital trends and developments plus prior experience will support you to successfully navigate to the top of the food chain.

Revenue Optimization

Revenue Optimization requires you sell the right room, to right client, at right place, for right price, through right distribution channel, with best efficiency cost. By use of performance data and analytics, we make accurate predictions about demand and consumer behavior, which in turns helps you make adjustments regarding price and distribution of rooms, ultimately boosting revenue and profit. We track occupancy rates, revenue, room rates and other KPIs like Revpar, ARR to help you get right price for your room. We study the hospitality industry and its trends like taking into account holidays, events, or period when there are most visitors. We look into your competitors- hotels which provide similar amenities as yours, to get the right price.

Revenue Software

Hotel revenue management software automates the use of analytics for hotels seeking to maximize revenue and profitability. It uses historical data, market data, and demand indicators to predict consumer behavior and determine the right price for your hotel rooms. Revenue management tools in hotels automate data collection and analysis, allowing you to focus on creating the most effective revenue management strategy.

Channel Manager / Booking Engine

A channel manager is a software tool that will allow your hotel to sell all your rooms on all your connected online booking sites at the same time, including online travel agents and your direct booking channel. It will automatically update your availability in real-time on all sites when a booking is made, when you close a room to sale, or when you want to make bulk changes to your inventory. With the explosion in recent years of travelers preferring to book their stays online, channel managers were created to help hoteliers negotiate the new marketplace without losing guests or revenue – in fact a channel manager can greatly increase the capacity for a hotel to attract bookings and maximize profit. We provide access to channel managers & booking engines like STAAH, Resavenue, Maximojo, Ezee, Djubo.

Global Distribution System

A Global Distribution System is a worldwide reservation system that acts as a conduit between travel bookers and suppliers, such as hotels, other accommodation providers and other travel related services. It communicates live product, price and availability data to travel agents and online booking engines for automated transactions. The GDS is often used to tap into the corporate travel market because it has the ability to present hotels, flights, and car rentals in one simple interface providing convenience for users. We provide access to GDS like Sabre, Gallileo, Amadeus, Worldspan.

Payment Gateway

A payment gateway is a technology used by merchants to accept debit or credit cards purchases from customers. The term includes not only the physical card-reading devices found in retail stores but also the payment processing portals found in online stores. In physical stores, payment gateways consist of the point of sale (POS) terminals used to accept credit card information by card or by smartphone. In online stores, payment gateways are the “checkout” portals used to enter credit card information or credentials for services. We provide integration of your hotel to payment gateways like PayU, RazorPay and CC Avenue.

Our Portfolio