Hotel Revenue Management System (HRMS) Software

Hotel Revenue Management System

What is Hotel Revenue Management System Software?

Revenue Management System (RMS), is a software solution which allows you to carry out important revenue management tasks more efficiently and effectively by utilizing historical data from the hotel, market at large and other data sources, current booking trends, and then forecasting the potential demand and calculating the value for this demand.

Common Features

  • Customer Segmentation
  • Manual Overrides
  • Multi Currency
  • Recommended Rates
  • Multi-Language Support
  • Demand Forecasting
  • Integration
  • Channel Management
  • Automated Revenue Management
  • Competitive Rate Modeling
  • Big-Data/Custom Data Sources
  • Availability Controls
  • Events and Promotions
  • Group Management
  • Multi-Property Support
  • Non-Room Revenue
  • Reporting
  • Real-Time
  • Data Visualization
  • Budgeting Forecasting
  • Performance Analytics
  • Business Intelligence Tools
  • Calendars
  • FX Rates

Top Hotel Revenue Management System (HRMS) Software

2024 Data Quadrant Awards

2024 Emotional Footprint Awards

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At SoftwareReviews, we take pride in recognizing excellence. Each year, we present the Emotional Footprint Awards to top-performing software products based solely on authentic user reviews, without any paid placements or analyst opinions. These awards shine a spotlight on software vendors who excel in crafting and nurturing strong customer relationships.

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Products: 7
Next Award: Feb 2025

Top Hotel Revenue Management System Software 2024

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Atomize

Atomize

Composite Score
8.4 /10
CX Score
8.6 /10

Atomize finds growth opportunities in your hotel and predicts what price changes should be done to earn more. Each suggestion can be rejected, revised or accepted by you, the one who knows the big picture of the whole business. Accepted actions will be applied automatically to your PMS, and once you trust our price recommendations fully, you can switch on auto-pilot.

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Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Badge Winner
Badge Winner
Composite Score
8.2 /10
CX Score
8.3 /10

FLYR Hospitality (formerly Pace Revenue) is a revenue platform for hospitality, that provides industry-leading decision intelligence, innovative business intelligence, and a suite of intuitive management tools. Our customers are innovators who want to use data-driven approaches to achieve optimal results and differentiate against their competitors.

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Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Badge Winner
RoomPriceGenie

RoomPriceGenie

Composite Score
8.1 /10
CX Score
8.2 /10

RoomPriceGenie is a pricing tool designed for owners of independent accommodation, or chains of hotels, who require the best possible pricing with the least possible work. It simply gets the pricing done, using sophisticated algorithms that also allow transparency and full control. 95% of our clients run on auto-pilot because they trust the prices. We understand what it’s like running a hotel. We know our solution must be simple to use. And affordable. And we know that top-quality pricing is hugely important, so we never scrimp on that. Our customers help us build our solution, and their feedback is consistently positive. Try it for free and see why.

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Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
Badge Winner
Badge Winner
Composite Score
7.6 /10
CX Score
7.8 /10

Deploy, automate and scale profitable decisions through Duetto’s cloud-based, easy-to-use and agile RMS platform for forecasting, pricing, and reporting. Powered by forward-looking demand data, our unique open pricing algorithm, and a strategy-first approach to revenue management, Duetto’s growth and retention rates outpace every RMS in the market today.

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Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Enables Productivity
Composite Score
7.3 /10
CX Score
7.3 /10

IDeaS G3 Revenue Management System (G3 RMS) - powered by SAS® High Performance Analytics - delivers scientific pricing and inventory control decisions at the room type and rate code level (e.g., Best Flexible Rate, Advance Purchase) to drive optimal revenue performance across all segments. Increase RevPAR, Optimize Business Mix, Enhance Productivity. IDeaS’ automated, scientific approach to producing these controls is unique and extends the benefit far beyond maintenance-heavy rules-based approaches. With over 30 years of expertise, IDeaS delivers revenue science to more than 16,000 clients in 144 countries.

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Pros

  • Respectful
  • Helps Innovate
  • Acts with Integrity
  • Transparent

Cons

  • Under Delivered
Composite Score
7.2 /10
CX Score
7.6 /10

Evaluate and understand your property’s mix of revenue and profit centers holistically and more strategically with up to nine categories of ancillary revenue, custom to your hotel. With a 90% acceptance rate, Guestrev offers open pricing recommendations by room type and market segment. Price each room type independently of overall demand based on factors such as perceived value, guests’ willingness to pay, and dynamic demand and availability indicators. Forecast accurately, price with certainty, and make quick, agile decisions.

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Pros

  • Effective Service
  • Respectful
  • Client's Interest First
  • Generous Negotitation
Infor (US), LLC

Infor EzRMS

Composite Score
6.9 /10
CX Score
6.7 /10

Easily manage revenue and yield with automated forecasts and recommendations across properties

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Pros

  • Efficient Service
  • Effective Service
  • Saves Time
  • Caring

Cons

  • Under Delivered

Products below are ineligible for awards due to insufficient recent reviews

Composite Score
8.1 /10
CX Score
8.2 /10

Revnomix Hotel Data Analytics provides simplified solutions to hotels to process data, make informed, accurate decisions and grow their business. We utilize our experience, the latest technology and customer service to make data analytics and revenue management seamless for our clients.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
HotelScienz

Hotelscienz

Composite Score
5.4 /10
CX Score
3.4 /10

Hotel Scienz is an affordable demand based revenue management technology for hotels. The comprehensive revenue management system is built on best hotel industry practices. The solution provides a proven methodology to hotel revenue management through advanced algorithms which highlight demand trends, to support your daily rate decisions and revenue management strategy.

Pros

  • Reliable
  • Performance Enhancing
  • Enables Productivity
  • Unique Features

Cons

  • Less Efficient Service
  • Under Delivered
  • Inhibits Innovation
SpotPilot

SpotPilot

Composite Score
3.3 /10
CX Score
3.5 /10

SPOTPILOT offers innovative revenue management solutions that help tourist establishments (Hotels, Groups of hotels, Camping etc…) to boost their profits and boost their pricing.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Inspires Innovation
  • Client's Interest First

Cons

  • Less Efficient Service
  • Less Effective Service
  • Wastes Time