Limited Service Hotel Owner Opens the Benefits of Dynamic Revenue Management with iRates
March 19, 2014 – Comfort Inn at the Harbor sees first results after adopting iRates Revenue Management system.
changing market and savvy customers require dynamic pricing daily. And mid-tier hotel business practice requires simplicity as well as cost- time-efficient Revenue Management tools. Created by revenue managers of middle-tier hotels, iRates RMS was selected by Comfort Inn at the Harbor and shortly after implementation generated immediate positive results.
"A very user friendly tool that helps to manage rates as frequently as needed.Installation, training and follow-up is brilliant and the results are instantaneous! I would strongly recommend using iRates to any hotel that needs a simplified and quick revenue management tool" – sharing his thoughts is Sunil Thadani, the owner of the Comfort Inn at the Harbor.
As part of the deal, Comfort Inn at the Harbor received a free rate shopping feature andall the necessary analytics and graphs to support decision making. Total time for the daily revenue session for the next 365 days was reduced to 15-20 minutes.
"We are glad that more and more progressive hotel owners understand and implementsoftware as a solution for Revenue Management at their properties" – said Francesca Pardo, iRates Director of Sales – "iRates gives them the tools to increase their revenue and profit with minimal efforts and cost to implement the most advanced, constantly adaptive Revenue Management practices.
iRates is the new-generation Hotel Revenue
About Comfort Inn at the Harbor
A cozy boutique style
Co-founder at iRates LLC