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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 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.

Media

Media

Integrations Supported

Mews
RMS POS
Stayntouch PMS
ThinkReservations
WebRezPro

Integrations Supported

Mews
RMS POS
Stayntouch PMS
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

Rate Wise

Date Founded

2007

Company Location

Ireland

Company Website

www.rate-wise.com

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

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