Make real-time personalized offers using the power
of data and the world’s best AI algorithms.


HOSPITALITY


Dynamic Personalized Pricing, the next big thing for the hospitality industry

Although hotels are early adaptors of revenue management or RM solutions, they are far from fully exploiting pricing opportunities. The current RM approaches lack the ability to accommodate the changing needs of the hotels and their customers. With today’s data enriched environment that allows for extreme personalization, a new approach to pricing and offer management is urgently needed, so that hotels can boost their revenue, and their customers receive the prices and offers for which they are satisfied.


Prorize Solution 


The Prorize team pioneered the science of RM solutions for the gaming and hotel industries, and has unmatched experience and technology infrastructure to take it to the next level. Dynamic pricing is at the core of our award-winning Pricing AI Platform™ and can effectively bring the existing RM solutions into the 21st century. Each booking request can be targeted in real-time, based on multiple available data sources so that customers will have difficulty in refusing the offer.  Our solution uses data intelligence from customer relationship management (CRM) systems and makes decisions in real-time by understanding how much your customers are willing to pay and which factors are most relevant in their decision-making process.

Pricing hotel rooms, involves many interwoven factors, including among others, hotel type, ancillary revenues, room type, customer type, arrival date, days left to arrival, length of stay, sales channel, competitive data, and demographic data. With data technology evolving beyond recognition, hotels and gaming resorts urgently need to go beyond static revenue management systems and reach new levels of revenue with AI-powered Dynamic Pricing.

HOSPITALITY


Dynamic Personalized Pricing, the next big thing for the hospitality industry

Although hotels are early adaptors of revenue management or RM solutions, they are far from fully exploiting pricing opportunities. The current RM approaches lack the ability to accommodate the changing needs of the hotels and their customers. With today’s data enriched environment that allows for extreme personalization, a new approach to pricing and offer management is urgently needed, so that hotels can boost their revenue, and their customers receive the prices and offers for which they are satisfied.


Prorize Solution 


The Prorize team pioneered the science of RM solutions for the gaming and hotel industries, and has unmatched experience and technology infrastructure to take it to the next level. Dynamic pricing is at the core of our award-winning Pricing AI Platform™ and can effectively bring the existing RM solutions into the 21st century. Each booking request can be targeted in real-time, based on multiple available data sources so that customers will have difficulty in refusing the offer.  Our solution uses data intelligence from customer relationship management (CRM) systems and makes decisions in real-time by understanding how much your customers are willing to pay and which factors are most relevant in their decision-making process.

Pricing hotel rooms involves many interwoven factors including, among others, hotel type, ancillary revenues, room type, customer type, arrival date, days left to arrival, length of stay, sales channel, competitive data, and demographic data. With data technology evolving beyond recognition, hotels and gaming resorts urgently need to go beyond static revenue management systems and reach new levels of revenue with AI-powered Dynamic Pricing.

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