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In a constantly evolving market, such as the touristic one, every year industry experts and consultants confront themselves on the evolution of the most efficient commercial strategies. Everybody speaks about revenue management, but only a few use scientific methods to determine in which way and when a room price should be changed.
Moreover, even hoteliers that over time found an objectively efficient method, have great difficulties in applying it in a systematic way. They are exposed to human errors of their staff and the difficulties that people encounter in respecting guidelines systematically, every single day.
Developed to help you define precise scientific procedures, our revenue management software allows you to optimize sales and maximize profits for each available room.
Thanks to dozens of detailed reports, you will be able to run analyses and compare performance to previous years, analyze historical data and assess demand curve with forecasts made.
Do you already have a revenue management system?
With the Ericsoft Revenue Management module you can interface to other Revenue Management System providers.
How does the interface work?
the ericsoft software forwards data to the external provider (prices set, historical data and other relevant information)
the provider uses these data in his algorithm to determine which price to apply
the PMS downloads recommended room rates so you can align your prices accordingly
By integrating these external providers to your PMS you will be able to view suggested prices for each day. Some of the information you will have direct access to include:
Price recommended by the RMS
Current price set
Occupation percentage vs free rooms
Currently, our Revenue management modules allows you to interface with:
In which products can it be integrated?
Ericsoft collects personal data for operation efficiency purposes and to offer customers and end users the best experience possible with its services and software. Data collected includes the following and refers not only to customers’ data, but also end users’ one:
Name and contact data: Ericsoft collects your first and last name, email address, postal address, phone number and other similar contact information.
Credentials: Ericsoft collects passwords, password hints and similar security data used for authentication and account access.
Payment data: Ericsoft collects data necessary to process your payment, such as credit card number and the security code associated with the payment method.
Customers and end users have choice options on the data collected and can therefore decline to provide such personal data; anyhow, if data necessary for service provision is not provided, some features or services may not be used.
Ericsoft uses the data that collected for two reasons: (1) to provide the services offered, (2) to send communications, including informational and promotional ones.
Services offered: include service functioning, service performance maintenance and improvement, as well as the development of new functionalities, research and customer support. Some examples include:
Customer support: Ericsoft uses data to diagnose service problems and provide support services.
Service Improvement: Ericsoft uses data to continually improve the services offered, including the provision of new features or capabilities.
Security, Safety and Dispute Resolution: Ericsoft uses data to protect the security and safety of its services and customers, to detect and prevent fraud, to confirm software licenses validity, to resolve disputes, and to enforce its contracts.
Communications: Ericsoft uses data collected to deliver and personalize its communications with customers. For example, Ericsoft may contact customers by email or other means to: inform them when a subscription is about to end, communicate that updates are available, demand for information relative to a service or repair request, invite a customer to take part in a survey or remind them to keep their account active.
Ericsoft shares customers’ and end users’ personal data with customers’ consent or based on the necessity to complete a transaction or provide a service requested or authorized by the customer or the end user. For example, when a customer or end user provides payment information to complete a purchase transaction, Ericsoft shares payment data with banks and other entities that process payment transactions or provide other financial services, for fraud prevention and credit risk reduction.
Ericsoft shares personal data with its affiliates and subsidiaries companies, vendors and agents that work on her behalf, for the purposes specified in this policy. For example, companies hired to provide customer service support or assist in protecting and securing systems and services may need access to personal data in order to provide these services. In such cases, these companies must abide by Ericsoft’s data privacy and security requirements and are not allowed to use personal data they receive from Ericsoft for any other purpose. Ericsoft may also disclose personal data as part of a corporate transaction such as a merger or asset sale.
Finally, Ericsoft will access, disclose and preserve personal data, including customers’ and end users’ content, when in good faith believes that doing so is necessary to:
comply with applicable law or respond to a valid legal process, including from law enforcement or other government agencies;
protect Ericsoft customers, for example to prevent spam or attempts to fraud users of the services, or to help prevent the loss of life or serious injury of anyone;
operate and maintain the security of the Ericsoft services, including actions to prevent or stop an attack on the Ericsoft’s computer systems or networks;
protect the rights and property of Ericsoft, such as enforcing the application of the terms that govern the use of the services.