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Première Advisory Group: An Exceptional Proprietor of White-Glove Revenue Management and Distribution Services

Top 10 Revenue Management Solutions Companies - 2022

Modern hoteliers are realizing that the hallmark of a successful hospitality business is revenue. In order to stay ahead of the market competition, revenue management teams in the travel and hospitality industry are not only identifying trends that redefine hotel revenue management but also looking for the most effective revenue-increasing strategies.

The rise of specialist revenue management software and other tools like upselling software is significantly attracting the attention of hotel revenue managers. At the same time, business intelligence software helps facilitate and support data-based business decision-making, opening newer opportunities for hoteliers to manage and generate revenue. With robust data analytics, revenue managers can define strategies according to the present market situation, future demand, and other critical parameters to improve business outcomes.

As such, the technological progression in this arena has opened up a universe of new possibilities for revenue management service companies to develop and introduce innovative services. This implies that travel and hospitality players looking for competent revenue management service companies are faced with a plethora of options. To make this task easier by assisting CIOs in identifying the right revenue management service companies, Travel and Hospitality Tech Outlook presents to you “Top 10 Revenue Management Solutions Providers – 2022” and.”

A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the Travel and Hospitality Tech Outlook editorial board has selected the top revenue management service companies. In our selection process, we looked at the company’s offerings, core competency, news/ press releases, client testimonials, milestones, and other recognition.

    Top Revenue Management Solutions Companies

  • Shaner Hotels is part of the Shaner Companies, a diversified, privately held company that owns and operates investments in the lodging, investment, energy and professional service sectors.

    www.shanercorp.com

  • Centriqe

    Centriqe

    Centriqe is a multi-cloud native "customer insights platform" that enables all key decision makers to receive prescriptive and predictive insights. ProfitEdge.ai by Centriqe automates processes, collects, harvests, and analyses all customer engagement/conversation data on a scale-out cloud platform to give decision makers with business insights and Gross Operating Profitability (GOP). Centriqe envisioned businesses that are innovation-driven and collaborative, anticipating difficulties and opportunities before they emerge. They want to arm decision makers with actionable and guided insights that would enable them to take corrective action. They're on a mission to empower leading organisations with automation and artificial intelligence that elevates customer engagement and experience to new heights and enables them to maintain profitability even during the most difficult economic times.

  • CSG Forte

    CSG Forte

    CSG Forte's unified payments platform enables customers to build their businesses more swiftly and intelligently. Their technology adjusts easily to changing needs while lowering complexity and expenses. They offer the experience, world-class technology, and a broad ecosystem of partners to assist businesses in scaling and growing. CSG Forte processes approximately 65,000 merchants' payment transactions totaling $58 billion. Their award-winning payments system enables businesses to process multichannel payments and provide agnostic payment acceptance, reclassifying payments as a profit centre rather than a line item expense. Thousands of government, telecom, insurance, and other industry merchants, including Charter Communications, DISH, Gexa Energy, Kinston North Carolina, and SedonaOffice, rely on CSG Forte as their preferred payments solution supplier.

  • Gilmore Global

    Gilmore Global

    Gilmore Global is a market leader in the delivery of digital material. They view themselves as the sole occupants of a vital market niche — one that serves content owners whose global operation requirements cannot be satisfied sufficiently by large-scale printers or huge technology integrators. Their Content Management and Learning Experience Platforms, together with their core services such as print enablement, revenue management, and global supply chain optimization, let businesses to communicate in wholly new and inventive ways with their customers, partners, and workers.

  • IDeaS

    IDeaS

    IDeaS is a revenue management software company that specialises in revenue management solutions for the hospitality industry. Founded in 1989, IDeaS Revenue Optimization - an SAS company - is the market leader in solutions and services for Pricing, Forecasting, and Optimization. Acquired in 2008 by SAS, the market leader in business intelligence and analytics, IDeaS enables global organisations such as the world's leading hospitality, travel, and transportation companies to understand, anticipate, and respond to consumer behaviour in order to maximise revenue and profits across the enterprise.

  • InnTerActive Marketing & Solutions

    InnTerActive Marketing & Solutions

    InnTerActive consults with companies worldwide to help them reach their highest potential with innovative solutions designed specifically to fit their business needs.

  • Maxim Revenue Management Solutions

    Maxim Revenue Management Solutions

    Maxim Revenue Management Solutions is the world's easiest-to-use and most effective suite of patented revenue maximisation and forecasting tools. The company's e.FLEX software, which is installed in nearly 1,000 hotels, is powered by patented mathematical algorithms that evolved from the most successful profit maximisation technology used for three decades by airlines, car rental, cruise lines, and shipping - in fact, the entire travel and transportation industry. e.latest FLEX's edition has the unmatched capacity to dynamically adjust to changing travel trends such as price-sensitive distribution channels and client segmentation. Rapid deployment at a large scale – for example, to over 65,000 rooms in 13 weeks – maximises ROI and results in a payback in weeks. Additionally, e.FLEX offers a lower total cost of ownership than comparable systems, enabling operators to outperform their competitors by an average of over 25%. Clientele includes hotel chains and organisations with properties varying in size, kind, and business mix from more than 5,000 to fewer than 60 rooms. Customers benefit with e.FLEX by increasing RevPAR on the first night of usage, reacting quickly to competing activities and changes in consumer behaviour, increasing decision-making efficiency, and increasing profitability across all brands.

  • Model N

    Model N

    Model N is a software development business specialising in revenue management solutions for pharmaceutical and medical device manufacturers. Model N is the market leader in Revenue Management, a new enterprise application category that enables businesses to align and improve their revenue management processes, including pricing and quoting, contract development and management, trade settlements, and channel incentives, in order to eliminate revenue leakage and mitigate financial regulatory compliance risk, which can cost businesses millions of dollars per year. Revenue management has evolved into a strategic priority for businesses of all sizes that deal with competitive pricing, complex contracts, and many channels. Model N's unique strategy, which is designed for life sciences and high-tech enterprises, combines industry-specific solutions with best practises experience to enable their customers to more effectively plan and oversee the processes that drive their business's full revenue life cycle.

  • Plusgrade

    Plusgrade

    Plusgrade is the global leader in upgrading solutions, a critical component of the rapidly expanding auxiliary revenue and merchandising sector. Plusgrade is the market leader in upgrading solutions, a critical component of the airline industry's rapidly rising ancillary revenue and merchandising sector. The Company's software solutions deliver real incremental revenue and control to its global base of customers, enabling them to grow and maximise revenue across service classes. Plusgrade's proprietary SaaS platform has garnered praises from industry peers and other prestigious media outlets. Plusgrade was founded in 2009 and has offices in Montreal, Canada and New York, New York.

  • Sceptre Hospitality Resources

    Sceptre Hospitality Resources

    Sceptre Hospitality Resources is a market leader and innovator in providing cutting-edge products and services. SHR is a pioneer in the hospitality business, providing revolutionary distribution technologies and services. WindsurferCRS optimises functionality for various sorts of properties by focusing on hotelier freedom and offering a remarkable guest experience. WhiteboardLabs, a division of SHR, delivers customised hospitality solutions, including custom booking engines, website design and development, and cutting-edge applications. Hoteliers can leverage SHR's expertise and industry knowledge through the Revenue Management for Hire service, which provides a cost-effective revenue management solution for any property.

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