Ratings and Reviews 0 Ratings
Ratings and Reviews 0 Ratings
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What is Rate Wise?
Rate Wise emerges as a leading revenue management agency, delivering cloud-based software solutions and yield management consultancy for hotels and serviced apartments across the globe. Our skilled team boasts a varied background, partnering with an array of accommodations including hostels, campus housing, budget inns, and opulent five-star hotels. We cater to both branded hotel chains and independent venues, ensuring that our approach is customized to meet the unique needs of each client. For more than ten years, our revenue management system (RMS) has been a reliable option for hoteliers, effortlessly integrating your revenue strategies, property management system (PMS) data, and competitor insights. This powerful solution can effectively communicate your rate strategy back to your channel manager or PMS, depending on your specific setup. By automating your revenue processes, you not only conserve valuable time but also boost operational efficiency and reduce the likelihood of human errors. This strategic automation enables your team to concentrate on high-level planning and maintaining a broader perspective, rather than getting overwhelmed with data entry and navigating through extensive reports. Ultimately, Rate Wise equips your business with the tools necessary to excel in a competitive market, utilizing advanced technology to enhance revenue management in a meaningful way. As we continue to innovate, we remain committed to supporting our clients in achieving sustainable growth and success.
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.
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
Rate Wise
Date Founded
2007
Company Location
Ireland
Company Website
www.rate-wise.com
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