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What is FareVantage?

Daily fare updates can feel overwhelming, often forcing you to resort to a "set and forget" approach for many routes, which can negatively impact your profitability. Our software streamlines this process, allowing for hassle-free large-scale updates that boost your revenue potential. Improve your forecasting for sports and events with a tool designed to assess demand from the customer's viewpoint, ensuring you seize every opportunity available. Meet FareVantage™, the revolutionary software that includes walk-up demand in its forecasting models. Recognizing the importance of precise forecasting, we've created a solution that enhances accuracy by 35% compared to the competition. In the event of unexpected schedule changes, FareVantage™ automatically recalibrates pricing, significantly reducing your workload. Picture having all your potential revenue opportunities conveniently displayed on a single dashboard—this is what our priorities dashboard delivers. With FareVantage™, you gain unprecedented control over your pricing strategies, empowering you to optimize your financial outcomes effectively. By leveraging this innovative tool, you can confidently navigate the complexities of fare management.

What is Accelya?

The airline industry is on an upward trajectory, but the challenge of maintaining healthy profit margins persists. Rising consumer demands are pushing airlines to adopt more competitive pricing structures and customized offerings. To succeed in this rapidly evolving market, having a reliable system for tracking industry trends is crucial. Our cutting-edge airline revenue management platform facilitates informed, proactive, and profitable decision-making. airRM provides a comprehensive view of the competitive landscape along with a robust set of revenue management reporting tools, all integrated into one seamless solution. This enables you to address one of your key challenges: fine-tuning seat availability and pricing strategies. Leverage forecasting models that incorporate historical data, competitive fare trends, booking ratios, and user-defined variables. You can implement inventory strategies tailored to specific legs, segments, or origin-destination routes. Choose to create customized forecasts for individual flight departures using advanced AI technologies or utilize our highly precise, system-generated predictions to further enhance your operations. By capitalizing on these features, airlines can effectively satisfy consumer needs while simultaneously boosting their profitability, positioning themselves for sustained success in the future.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Revenue Analytics

Date Founded

2005

Company Location

United States

Company Website

www.revenueanalytics.com/rail/farevantage

Company Facts

Organization Name

Accelya Group

Company Location

Spain

Company Website

w3.accelya.com

Categories and Features

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Categories and Features

Aviation

Accounting / Revenue Management
Aircraft Utilization
Boarding Management
CRM / Flight History
Check-in
Employee Management
Flight Crew Scheduling
Flight Scheduling / Dispatch
Fuel Management
Incident Reporting
Inspection Management
Inventory Management
Lot Costing / Leasing Management
Maintenance Management
Pilot Management
Point of Sale
Time Tracking
Website / Online Ticketing

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

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