Pricing software firm Revenue Analytics has launched the N2Pricing revenue-management system, designed for lean hospitality revenue-management teams and hotel general managers.
N2Pricing is meant to help hotels grow revenue per available room quickly despite the reductions in staff, budget and time they face as a result of the economic downturn.
“With so much out of their control, hotels feel set up for failure. The pressure is on and they know the decisions they make now will make or break their recovery,” said Dax Cross, CEO at Revenue Analytics. “That’s why we built N2Pricing—to give these lean teams an RMS that will set them up for success now and in the long run.”
N2Pricing is designed to deliver an average 3-4 percent revenue uplift. The system automates 85 percent of pricing updates and availability controls so that lean teams can focus on other priorities. The program works on mobile phones as well as desktop screens, so users can access it easily any time, from anywhere.
Revenue Analytics also offers premium modules include availability optimization, overbooking controls, full-pattern length of stay pricing and extended-stay pricing depending on each hotelier’s needs.
“This is a precarious time for the industry,” said Josh Graham, director of business development, hospitality. “Our hope is that new, smart technology, like ours, will help hotels pull through this challenging time and recover faster.”