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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 rainmaker?

A revenue management system aimed at optimizing profits across all facets of both group and transient business. Transition from conventional, rule-based revenue strategies to leverage the effectiveness of scientific analysis. Rainmaker employs advanced statistical methodologies to ensure its predictions swiftly adapt to market changes, leading to improved outcome stability. By considering various guest behaviors within your establishment, such as supplementary expenditures, you can boost your revenues by 7-10%. This system is founded on concrete data and is free from rigid guidelines. It functions as a holistic approach to enhancing revenue and profitability. Furthermore, it detects unexpected events or unusual demand patterns that may escape human scrutiny. This meticulous, data-oriented segmentation of demand caters to the unique business environment of your hotel. With forecasting models that account for multiple influences on demand, you can transcend basic rule-based methods and embrace a scientifically grounded strategy that offers a thorough insight into your operational needs. Ultimately, such a system equips you with the tools to make well-informed decisions, paving the way for significant financial advancement and long-term sustainability. This strategic approach not only helps in optimizing pricing but also ensures that your business remains competitive in an ever-evolving market landscape.

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

Cendyn

Date Founded

1996

Company Location

United States

Company Website

www.cendyn.com/rainmaker-revenue-management/

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

Revenue Management

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

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