Software Solutions To Make Hotels More Profitable

Our Mission Create IT That Delivers… Increased Revenue Improved Staff Productivity Reduced Costs

Create IT That Delivers…

Increased Revenue

Improved Staff Productivity

Reduced Costs

Product Suite RATE WISE REVENUE MANAGEMENT SYSTEM PURCHASE WISE PURCHASE MANAGEMENT SYSTEM SUPPORT WISE IT SUPPORT SYSTEM

A Revenue Management Solution To Help Hotel Managers Maximise RevPAR By Ensuring Optimum Rates at all times Rate Wise

Too High - Won’t Sell Too Low - May sell but reduced ADR/RevPAR Too Few - Inflexible Too Many - Difficult to manage Too Seldom - Not Competitive Why have Managed Rates?

Too High - Won’t Sell

Too Low - May sell but reduced ADR/RevPAR

Too Few - Inflexible

Too Many - Difficult to manage

Too Seldom - Not Competitive

If you sell 20 Rooms x €20 cheaper than what they should have been sold at for one night = €400 Lost Revenue If your rate was €20 more expensive than what it should have been have you lost the sale of 20 bedrooms? 20 rooms x €80 = €1,600 lost Revenue Are You Losing Revenue?

If you sell 20 Rooms x €20 cheaper than what they should have been sold at for one night

= €400 Lost Revenue

If your rate was €20 more expensive than what it should have been have you lost the sale of 20 bedrooms?

20 rooms x €80 = €1,600 lost Revenue

Not to mention Season, Month, Competition… How Rates Are Decided L ead-time? 6 months Day of the week? Thursday €50 % Occupancy? <40% Lead-time ? <1 week Day of the week? Saturday €160 % Occupancy? 90%-100% Rule Band Resulting Rate

L ead-time? 6 months

Day of the week? Thursday €50

% Occupancy? <40%

Lead-time ? <1 week

Day of the week? Saturday €160

% Occupancy? 90%-100%

Lead-time ? Bands? e.g. 4 <2 weeks, <1 month, <3 months, <6 months? Day of the week? Bands? e.g. 4 Mon-Tues, Wed-Thurs, Fri-Sat , Sun? % Occupancy? Bands? e.g. 5 <40%, <60%, <80%, <90% ,<100% 4*4*5 = 80 possible combinations for any day??? How many Factors & Bands?

Lead-time ? Bands? e.g. 4

<2 weeks, <1 month, <3 months, <6 months?

Day of the week? Bands? e.g. 4

Mon-Tues, Wed-Thurs, Fri-Sat , Sun?

% Occupancy? Bands? e.g. 5

<40%, <60%, <80%, <90% ,<100%

Key staff spending considerable time reviewing and updating rates Unnecessary Rate Changes No time to look further out than 3 months Manual procedures encourage Human error Common Issues

Key staff spending considerable time reviewing and updating rates

Unnecessary Rate Changes

No time to look further out than 3 months

Manual procedures encourage Human error

Errors picked up when it is too late Short-term focus may mean ignoring long term No Real-time feedback on changes Other Issues

Errors picked up when it is too late

Short-term focus may mean ignoring long term

No Real-time feedback on changes

As flexible as you need it to be No more juggling with reports, spread sheets etc. Ensures Optimum rates being sold at all times. Significant savings on staff costs allowing daily rate updates. Direct interface to Rate Tiger. Occupancy Report + Your Rules = Better Rates Why Rate Wise?

As flexible as you need it to be

No more juggling with reports, spread sheets etc.

Ensures Optimum rates being sold at all times.

Significant savings on staff costs allowing daily rate updates.

Direct interface to Rate Tiger.

Override facility for special events e.g. Concerts Consistent methods (e.g. while on leave) Instant information on pickup, occupancy levels , A.R.R and RevPAR Centralised Revenue Management possible Why Rate Wise ?

Override facility for special events e.g. Concerts

Consistent methods (e.g. while on leave)

Instant information on pickup, occupancy levels , A.R.R and RevPAR

Centralised Revenue Management possible

Speed Up Rate Update Process From 1 ½ Days down to 2 hours a week * (without PMS or Channel Mgr link) Typically 90% reduction in Rate Changes Frees up GM and other key staff Reduced number of rates change errors As easy for 18 months as 3 months No problem to over-ride any rate/event * 110 bedroom, conference hotel Why Rate Wise ?

Speed Up Rate Update Process

From 1 ½ Days down to 2 hours a week *

(without PMS or Channel Mgr link)

Typically 90% reduction in Rate Changes

Frees up GM and other key staff

Reduced number of rates change errors

As easy for 18 months as 3 months

No problem to over-ride any rate/event

Interacts with hotels PMS Generates suggested room rates. Daily report generated which indicates changes that need to be made. Instantly updates TPI’s through Rate Tiger. How Does It Work ?

Interacts with hotels PMS

Generates suggested room rates.

Daily report generated which indicates changes that need to be made.

Instantly updates TPI’s through Rate Tiger.

Simple Workflow

Rapid Feedback Reports

Rate Wise Gives You : A more structured approach More rate flexibility / rate movement More frequent rate updates Rate setting for further out More time to review rate logic and pickups More time to focus on competition Leading To: Increased RevPAR Improved Staff Productivity Reduced Costs Summary

Rate Wise Gives You :

A more structured approach

More rate flexibility / rate movement

More frequent rate updates

Rate setting for further out

More time to review rate logic and pickups

More time to focus on competition

Leading To:

Increased RevPAR

Improved Staff Productivity

Reduced Costs

Thank You