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What is MyForecast?

Unveil the ultimate answer for exceptional revenue management that requires flawless accuracy in revenue assessment, significantly shaping the future of your business. By utilizing intelligent automation and customized visual aids, you can seamlessly analyze and compare data from three consecutive years. Eliminate the inefficiency of manual revenue tasks that are ripe for automation, and you will value our groundbreaking price assistant. Instantly implement strategies across all platforms, boasting integration with over 50 Property Management Systems (PMS) and Channel Managers (CM) on both national and international levels. Regularly assess performance indicators and financial plans to reveal fresh revenue opportunities, all achieved with just a few clicks. Experience unmatched precision, eradicating common errors found in Excel calculations, data collection, or faulty integrations. Formulate and evaluate every potential scenario to swiftly seize emerging market opportunities. Our forecasting tool provides you with critical information necessary for steering your business and making astute, strategic decisions. Moreover, the Price Helper adeptly oversees revenue management through the MyForecast algorithm, which daily tracks your designated dates and periods, adjusting revenue autonomously or seeking your consent as needed, ensuring you maintain complete control. This comprehensive approach not only enhances revenue accuracy but also allows for more strategic planning and execution in a dynamic marketplace.

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

Ericsoft Booking Engine
HOTELCUBE
Lighthouse
Mews
Passepartout Welcome
ReviewPro
SiteMinder
protel MICE

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

MyForecast

Date Founded

2000

Company Location

Italy

Company Website

myforecastrms.com/en/revenue-software/

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

Not specified

Categories and Features

Revenue Management

Not specified

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