What Is Revenue Management & How It works ?

Revenue Management is the practice of optimizing hotel revenue by adjusting room rates and inventory based on demand, season, and market conditions.

Key Functions in eZee Reservation:

• Track occupancy trends and booking patterns.
• Set up dynamic pricing rules based on demand.
• Manage rate plans for different room types and channels.
• Analyze competitor rates to stay competitive.
• Use automated rate adjustments to maximize revenue.

Benefits:

• Increase revenue per available room (RevPAR).
• Balance occupancy and rates for maximum profitability.
• Improve forecasting accuracy using historical data.

eZee Reservation’s Revenue Management tools allow hoteliers to make data-driven pricing decisions, ensuring optimal pricing for every room, every day.