RateBoard is a revenue management system provider based in Innsbruck, Austria, that supports accommodation providers and hotels in simplifying their price maintenance, optimizing rate strategies and increasing long-term revenue. Dynamics and flexibility are key competencies in order to ensure the hotel’s competitiveness. These competencies must be fulfilled in order to react immediately to changes in market demand and to exploit the full sales potential.
Detailed and visually illustrated data analysis helps to improve both operational and strategic performances and to make decisions based on facts and figures.
Using a scientifically developed algorithm, that includes historical and future booking data, regional market demand, vacation periods and events, the optimal price for the day will be forecasted and suggested. The suggested price can then be accepted by the hotel owner or adapted to his own wishes.
The simple user interface of the revenue management software RateBoard allows a quick and easy start-up as well as usage of the system - without time-consuming training or any required expert knowledge in the field of revenue management.
Thanks to the direct interface with the hotel software ASA, RateBoard can be seamlessly connected to the hotel's own PMS, generate price recommendations and thus support hotels in optimizing their revenues.