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What is TakeUp?

TakeUp is an innovative revenue management platform driven by artificial intelligence, tailored specifically for independent hotels, boutique lodgings, bed & breakfasts, glamping locations, and the revenue managers who handle these establishments. By leveraging reinforcement learning, it continually adjusts based on guest responses to different pricing tactics, carefully assessing the impact of each price alteration to achieve the perfect balance between occupancy rates and pricing strategies. Incorporating real-time data on market demand, competitor pricing, and booking patterns, TakeUp refines room rates autonomously, eliminating the need for laborious manual calculations or guesswork. The platform seamlessly integrates with leading property management systems, allowing users to establish rate constraints and strategic guidelines, all while featuring an AI engine supported by a revenue strategist for professional oversight. Additional tools like Boost enable users to compare revenue growth against past pricing models, while user-friendly visual dashboards offer valuable insights into performance metrics in relation to the broader market landscape. Ultimately, TakeUp equips hotels with the tools necessary to enhance their revenue strategies with both efficiency and effectiveness, fostering a data-driven approach to pricing and occupancy management that can adapt to shifting market dynamics.

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

Mews
Epicor iScala
Hotel Management System PMS
Hotellistat
Iptor.com
Lighthouse
Microsoft Power BI
Mirus
Opera
Oracle Hospitality Reporting and Analytics
Oracle PeopleSoft
Protel Cloud PMS
Revinate
Rezlynx
SIHOT
Sage CRM
Stayntouch PMS
TMSforHotels
ThinkReservations
WebRezPro

Integrations Supported

Mews
Epicor iScala
Hotel Management System PMS
Hotellistat
Iptor.com
Lighthouse
Microsoft Power BI
Mirus
Opera
Oracle Hospitality Reporting and Analytics
Oracle PeopleSoft
Protel Cloud PMS
Revinate
Rezlynx
SIHOT
Sage CRM
Stayntouch PMS
TMSforHotels
ThinkReservations
WebRezPro

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

TakeUp

Date Founded

2021

Company Location

United States

Company Website

takeup.ai/

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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