Epoque Hotels Implements Revenue Management Software

Press enter to search
Close search
Open Menu

Epoque Hotels Implements Revenue Management Software

05/29/2018

The Epoque Hotels chain and its affiliated brands of boutique hotels chose to implement Revpar Guru's smart pricing solutions in order to optimize the price of rooms of the various hotels of the brand across the world.

The Epoque Hotels chain and its affiliated brands of boutique hotels have implemented Revpar Guru's smart pricing solutions in order to optimize the price of rooms of the various affiliated brands.

Revpar Guru is a Miami- based SaaS company.

A global hotel chain based in Miami, Epoque Hotels represents over 350 eclectic hotels in over 110 destinations worldwide including the Avantgarde Hotels brand and the China Hotels Collection.

Revpar Guru’s hotel software is built using intelligent algorithms, based on probabilistic modeling and regression analysis, it is meant to forecast demand levels and make strategic pricing decisions.

  • Revpar Guru solutions currently analyses 180 million pricing decisions per day.
  • On average it delivers an increase of 108% in comparisons to other companies who claim 7% increase.

The software was developed using derivatives-trading stock market algorithms by Jean Francois Mourier, a banker with over 10 years in the financial sector, and Bruno Perez, a hotel management expert and entrepreneur.

Enhanced features have been developed to, track performance and profitability across all market segments, allowing hotels to implement strategic distribution on the various revenue streams.

Chain hotel managers can benefit from real-time pricing decisions in order to maximize revenue opportunities in the various marketing channels as well as online travel agencies.