OKRATE / REVENUE MANAGEMENT
Dynamic pricing.
Data-driven decisions.
okRate is a cloud RMS that analyses history, demand and market to update room rates and rate plans. The system works automatically, with the option to adjust prices manually.
FEATURES / BENEFITS
Pricing strategy becomes daily practice.
01
Data linked to management
The connection with PMS and Channel Manager collects past and future bookings to feed the analysis.
02
Artificial intelligence analysis
The calculation considers seasonality, pick-up, competition, events and weather to generate dynamic prices.
Want to understand how this data turns into pricing decisions? Learn more about how hotel pricing with AI works and the benefits of okRate RMS.
03
Forecast and market monitoring
View forecasts, competitor rates, reports and historical comparisons to track performance.
Want to better organise your pricing decisions? Read the guide to revenue management software for hotels: managing prices and rates with okRate RMS.
04
Guided start-up
A revenue consultant supports you in initial setup and aligning the system with your goals.
BEFORE YOU START
Frequently
asked questions.
Want to understand how to set a pricing strategy for your property? Let’s explore data, tools and configuration together.
Speak with a consultant ↗What is a Revenue Management System?
It is a tool that analyses property and market data to support pricing decisions. okRate combines this analysis with price suggestions and rate automation.
Which data contribute to the strategy?
Booking history, pick-up, demand, competitors and events are among the factors that can be used to generate pricing suggestions.
What does pick-up indicate?
Pick-up describes the evolution of bookings over a specific period. It helps understand the sales pace and compare trends across different periods.
Can okRate automate pricing?
Price automation is included in the features. During the demo, you can explore the update flow and configuration for your accommodation provider’s tools.
Does it integrate with PMS and Channel Manager?
Yes, integration with PMS and Channel Manager is part of the solution. The team can verify connectivity with the systems used by your accommodation provider.
What is the difference compared to the Rate Checker?
The Rate Checker focuses on competitor price comparison. okRate RMS uses internal data and market information to support a dynamic pricing strategy.
Give every rate a strategy.
Discover okRate and consider how to integrate automatic pricing into your accommodation provider.
GUIDES FOR YOUR ACCOMMODATION PROVIDER
Explore tools and practical cases in depth.
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