Hotelogix, a leader in cloud-based Property Management System has announced the integration of its PMS with Beonprice, a leading provider of revenue optimization solution based on Artificial Intelligence to hotels. This strategic integration is designed to help hotels leverage business insights to price their rooms better and achieve improved profitability.
Speaking on this development, Prabhash Bhatnagar, Founder at Hotelogix said, “Beonprice is a valued revenue management solution provider among mid-segment hotels, globally. The integrated offering will help Hotelogix customers with a simplified way to execute revenue management best practices and to come up with competitive room pricing.”
Beonprice helps maximize hotel profitability by finding the best combination of consumer demand and hotel supply through patented SaaS Artificial Intelligence technology. It considers a hotel’s different client segments as fundamental criteria to help the hotel determine the optimal price for various room types, markets and nights of stay to increase revenue. Currently, the company serves around 2,000 hotels across the globe.
Expressing his views on this association, Rubén Sánchez Martín, Founder & CEO at Beonprice said, “We are very satisfied with this alliance. Hotelogix is a trusted PMS provider to the global hotel industry. Through our association, we are sure to help more hotels globally in their effort to boost revenue.”
Commenting on this alliance, Patricia Etchehun, Revenue Manager at Hotel Mulen Tandil, Argentina said, “Due to this powerful and much-needed integration, we have been able to keep an eye on market demand and competitors in real-time. And at the same time, we can now effectively follow up the forecast achievement from the marketing plan. Based on forecast, demand and competitor, and with the invaluable tool that Beonprice & Hotelogix jointly offer, we easily come up with an accurate dynamic pricing strategy which already is showing positive results.”
Hotelogix provides a robust cloud-based Hotel PMS that helps hotels to automate and manage their end-to-end operations with ease. It also assists hotels to drive growth, increase revenue and to enhance their online reputation. The PMS is hosted on Amazon Web Services, and thus offers the much-needed stability and security to hoteliers. The company has rich experience in serving global markets with customers in 100 plus countries including developed geographies such as North America and Europe.
Beonprice is a global leader of a Revenue Optimization solution based on Artificial Intelligence to maximize hotel revenue. Beonprice finds the best match between consumer demand and hotel offering through a proprietary AI SaaS technology. Beonprice already has more than 2,000 clients in more than 30 different countries, including international hotel chains such as Iberostars Hotels & Resorts, Room Mate Hotels, RIU Hotels & Resorts, Petit Palace Hotels, Lopesan, and Grupo Posadas, among others.
Debi Prasad Sarangi
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