Epoque Hotels adopts Revpar Guru’s RMS

Epoque Hotels represents more than 300 eclectic hotels, such as the Vila Valverde in Portugal, in more than 110 destinations worldwide including the Avantgarde Hotels brand and the China Hotels Collection. Photo credit: Epoque Hotels

Epoque Hotels has partnered with Revpar Guru, a Miami-based SaaS company. The Epoque Hotels chain and its affiliated brands of boutique hotels chose are implementing Revpar Guru's smart pricing solutions to optimize the price of rooms of the various hotels of the brand across the world. A global hotel chain, Epoque Hotels represents more than 300 eclectic hotels in more than 110 destinations worldwide including the Avantgarde Hotels brand and the China Hotels Collection.

Revpar Guru’s hotel software is built using intelligent algorithms, based on probabilistic modeling and regression analysis, it is meant to forecast demand levels and make strategic pricing decisions. Revpar Guru solutions currently analyzes 180 million pricing decisions per day and, on average, it delivers an increase of 108 percent in comparisons to other companies who claim 7 percent increase, the company said in a statement.

The software was developed using derivatives-trading stock market algorithms by Jean Francois Mourier, an innovative banker with more than 10 years in the financial sector and Bruno Perez, a hotel management expert and entrepreneur.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

Enhanced features have been developed to track performance and profitability across all market segments, allowing hotels to implement strategic distribution on the various revenue streams. Chain hotel managers can benefit from real-time pricing decisions in order to maximize revenue opportunities in the various marketing channels and OTAs.

Suggested Articles

Demand came in 67,000 rooms lower during the week ended July 4 than the previous week, according to Jan Freitag, STR’s SVP of lodging insights.

The In-Seat Contactless Platform is meant to give guests touch-free control over food and beverage at hotel restaurants.

As the economy slowly begins to right itself, hotels can look toward an unexpected way to save on operating costs: their trash.