Host Hotel Systems, a provider of property management systems for the hotel industry, and Bedsrevenue, a company specializing in revenue management for hotels, have announced the new “Host PMS x Revtool” integration, which promises to combine revenue management with property management for hoteliers.
In a statement, Host Hotel Systems said that the new integration will give hoteliers access to a revenue management tool “that structures and processes data from the hotels' Host PMS system”.
The aim, according to the property management systems company, is to maximize revenue, mitigate risks and improve efficiency in the pricing strategy. “In this way, hotels can have a complete, automated solution that allows hotel managers to focus their efforts on analyzing data and making strategic decisions,” reads the statement.
“The integration with Revtool” offers ‘hoteliers a comprehensive revenue management solution combined with property management’, explains João Freitas, director of Growth & Partnerships at Host Hotel Systems. He believes that “with this integration, hoteliers will have access to powerful tools that will help them optimize their revenue and increase profit.”