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What is Lybra RMS?

The Lybra Assistant RMS equips hotels with the tools necessary to discover and harness their revenue potential while simplifying the often cumbersome tasks associated with revenue management through cutting-edge machine learning methodologies. Developed by Lybra, this innovative Assistant Revenue Management System is specifically designed for the hospitality industry on a global scale. It not only supports hotels in identifying and capitalizing on revenue opportunities but also takes on labor-intensive revenue management duties, which increases both bookings and total revenue, thereby expediting the recovery for hoteliers. The name Lybra, derived from the Latin word for ‘balance,’ signifies the system's capacity to integrate the strengths of machine learning with the valuable insights gained from human experience. By employing a sophisticated algorithm, the system suggests optimal pricing strategies and enables seamless distribution across multiple channels, allowing hotels to function more effectively and efficiently in a competitive landscape. Furthermore, by merging advanced technology with seasoned expertise, the Lybra Assistant RMS empowers hotels to not only survive but thrive amid the evolving challenges of the industry. This unique approach positions them to adapt swiftly to market changes and enhance their overall operational performance.

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

Clock PMS+
DATEV
Duetto
Epicor iScala
Exact
Hotel Management System PMS
IGEL
Infor HMS
Iptor.com
Lighthouse
Microsoft Power BI
Oracle Essbase
Oracle Hospitality Reporting and Analytics
Oracle PeopleSoft
Revinate
Rezlynx
RoomRaccoon
SAP Cloud Platform
Sage CRM
TMSforHotels

Integrations Supported

Clock PMS+
DATEV
Duetto
Epicor iScala
Exact
Hotel Management System PMS
IGEL
Infor HMS
Iptor.com
Lighthouse
Microsoft Power BI
Oracle Essbase
Oracle Hospitality Reporting and Analytics
Oracle PeopleSoft
Revinate
Rezlynx
RoomRaccoon
SAP Cloud Platform
Sage CRM
TMSforHotels

API Availability

Has API

API Availability

Has API

Pricing Information

$100 per month
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

Lybra

Company Location

Italy

Company Website

lybra.tech/lybra-assistant-revenue-management-system/

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

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

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Revenue Management

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

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

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