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What is Hotelitix?

Boost your RevPar performance through immediate and automated rate optimization that guarantees the implementation of the most effective pricing strategies to maximize revenue with each booking. In the current landscape driven by data, we understand the immense value of information. As data volumes continue to surge, Hotelitix reveals real-time revenue enhancement opportunities, precisely forecasting the price changes your hotel needs to make in order to elevate overall performance. You have the option to automatically approve all pricing recommendations with the Autopilot feature, or you can selectively accept, adjust, or reject them based on your in-depth understanding of your hotel's operations. Once you finalize the pricing, it will integrate effortlessly with your PMS, CRS, or channel manager. Utilizing a foundation of artificial intelligence, Hotelitix harnesses probabilistic modeling and regression analysis not only to predict demand trends but also to support informed strategic pricing decisions. This cutting-edge methodology guarantees that your hotel stays competitive and agile in response to market fluctuations. By utilizing these sophisticated tools, you can enhance your profitability while still retaining oversight of your pricing strategies, ensuring your hotel thrives in a competitive environment. As your business adapts to the rapidly changing market, maintaining flexibility in pricing will be crucial for long-term success.

What is FairPlanner?

FairPlanner is a comprehensive software solution for Hospitality Financial Planning and Analysis, offering a complete view of revenue and profitability planning tailored for various hotel departments using specific P&L charts of accounts. This tool serves as an essential resource for hotels looking to streamline their budgeting and forecasting processes. It seamlessly integrates with major data systems such as PMS and ERP, providing an easy-to-use planning and control platform. Additionally, FairPlanner features a dashboard that presents key performance indicators, delivering 360° insights instantly for informed decision-making. With its user-friendly interface, it helps hotel operators to efficiently manage their financial strategies and enhance overall performance.

Media

Media

Integrations Supported

Integrations Supported

Amadeus Central Reservations System (CRS)
Clock PMS+
DATEV
Epicor iScala
Hotel Management System PMS
Hotellistat
IGEL
Infor HMS
Iptor.com
Juyo Analytics
Lighthouse
Microsoft Dynamics 365
Microsoft Power BI
Opera
Oracle Essbase
Oracle PeopleSoft
Protel Cloud PMS
Revinate
Sage CRM
TMSforHotels

API Availability

API Availability

Pricing Information

$6 per room
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Hotelitix

Company Location

United States

Company Website

hotelitix.com

Company Facts

Organization Name

Fairmas

Date Founded

2003

Company Location

Germany

Company Website

fairmas.com/what-we-do/financial-planning-controlling-reporting/

Categories and Features

Revenue Management

Not specified

Categories and Features

Financial Reporting

"What If" Scenarios
Consolidation / Roll-Up
Forecasting
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Hotel Management

Not specified

Revenue Management

Forecasting

Sales Forecasting

Dashboard
Performance Metrics

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