Revenue Management Software
The smart system that suggests the best rates to sell your rooms and properties!
Try Octorate for free for 14 days
The Hotel Revenue Management System for your pricing strategy
Octorate Hotel Division‘s OctoRMS is the smart system that suggests the best rates to sell your rooms. How? The Revenue Management System compares your historical data, calendar events and occupancy rates with network data to determine and suggest the best pricing strategy for selling your rooms.
You can track the new pricing strategy’s results through intuitive, easy-to-use dashboards.
Start using dynamic pricing to improve your properties’ revenue
Get the best rates through dynamic pricing processed by Octorate Vacation Rental RMS and the best Revenue Management Systems on the market. OctoRMS suggests the most suitable rate for your properties according to your historical data, network listening through AI, calendar events, and occupancy rate.
OctoRMS helps you define the best rate for your property, allowing you to optimise your time management.
Real time pricing
Prices are calculated on the basis of history data and your bottom rate.
Data analysis
It is perfectly integrated with the Octorate’s PMS to suggest tailor-made rates
extreme precision
It is based on algorithms of influential Revenue Managers and dozens of parameters to optimize your turnover
intuitive dashboard
It offers you an intuitive dashboard to always have the situation under control
Advanced reports
It constantly monitors the results obtained from the applied pricing strategy
easy-to-use
OctoRMS was designed to be simple, accurate, fast and intuitive for anyone
It doesn't take a guess
Octorate Revenue Management Software is perfectly integrated with the Octorate PMS and will suggest a winning pricing strategy based on your data.
Say goodbye to low prices: it maximises profits based on your occupancy levels and uses a dynamic pricing approach for your rooms. The system will take into account upcoming events in your city, occupancy levels, seasonality, historical data, forecasts and much more.
Rely on features and algorithms designed by influential Revenue Managers to increase your turnover and get better results!
You are in control
Choose your bottom rate and our Revenue Management Software will take care of the rest: based on your flexibility and settings, OctoRMS will suggest your rooms’ best daily prices in real time, optimising occupancy rates and revenue.
The System is automatic, however it respects the parameters you set, so that it can always be in line with your goals and needs. Moreover, you can decide either to apply RMS rate automatically onto the rooms open to sell or just to keep it as a suggestion and then apply it manually only for specific rooms and periods.
It's easy to use
OctoRMS was designed to be powerful and innovative yet simple and accessible to anyone.
Thanks to a clear and intuitive interface, you can view history data in just a few clicks, choose your rooms’ bottom rate, discover the suggested prices and view your property’s sales forecasts.
Furthermore, you have access to dedicated articles and manuals in our Community on how to interpret and make the most of this powerful system together with a specific email address you can send your queries at. We aim to make it simple!
It doesn't take a guess
Octorate Revenue Management Software is perfectly integrated with the Octorate PMS and will suggest a winning pricing strategy based on your data.
Say goodbye to low prices: it maximises profits based on your occupancy levels and uses a dynamic pricing approach for your rooms. The system will take into account upcoming events in your city, occupancy levels, seasonality, historical data, forecasts and much more.
Rely on features and algorithms designed by influential Revenue Managers to increase your turnover and get better results!
You are in control
Choose your bottom rate and our Revenue Management Software will take care of the rest: based on your flexibility and settings, OctoRMS will suggest your rooms’ best daily prices in real time, optimising occupancy rates and revenue.
The System is automatic, however it respects the parameters you set, so that it can always be in line with your goals and needs. Moreover, you can decide either to apply RMS rate automatically onto the rooms open to sell or just to keep it as a suggestion and then apply it manually only for specific rooms and periods.
It's easy to use
OctoRMS was designed to be powerful and innovative yet simple and accessible to anyone.
Thanks to a clear and intuitive interface, you can view history data in just a few clicks, choose your rooms’ bottom rate, discover the suggested prices and view your property’s sales forecasts.
Furthermore, you have access to dedicated articles and manuals in our Community on how to interpret and make the most of this powerful system together with a specific email address you can send your queries at. We aim to make it simple!
Artificial Intelligence
Thanks to a powerful system of algorithms in constant self-improvement, which have been developed to analyse external factors (such as the demand, competitors, market, etc.) our Artificial Intelligence model is able to suggest you a potential level for each date and provide you a percentage of success related to the selling price for each specific date.
A simple and intuitive Business Intelligence Dashboard
Octorate Revenue Management Software includes an advanced Business Intelligence that offers an accurate report of your property’s reservation trends though a simple and intuitive dashboard. Monitor your property’s progress and rely on OctoRMS to help you sell your rooms at the right and highest price!
Take advantage of Enhanced Statistics
Make your business smarter with Octorate’s enhanced Statistics (Booking Pickup, RevPAR, RevPAR daily, Average Revenue, Average Revenue per Room Monthly Production, Monthly Production per Room, Yearly Production, Yearly Production per Room, , Monthly Occupancy, Reservation by country, Revenue by time and source, Production Rate, Conversion and Performance of direct reservations).
Take advantage of enhanced Statistics
Make your business smarter with Octorate’s enhanced Statistics (Booking Pickup, RevPAR, RevPAR daily, Average Revenue, Average Revenue per Room Monthly Production, Monthly Prodution per Room, Yearly Production, Yearly Production per Room, , Monthly Occupancy, Reservation by country, Revenue by time and source, Production Rate, Conversion and Performance of direct reservations).