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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 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.

Media

Media

Integrations Supported

Mews
RMS POS
RoomRaccoon
Stayntouch PMS
ThinkReservations
WebRezPro
hoteliga

Integrations Supported

Mews
RMS POS
RoomRaccoon
Stayntouch PMS
ThinkReservations
WebRezPro
hoteliga

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$100 per month
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

Lybra

Company Location

Italy

Company Website

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

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

Popular Alternatives

Popular Alternatives

Lybra RMS Reviews & Ratings

Lybra RMS

Lybra