With PriceMatch, we are excited to offer our WebRezPro customers a fully integrated, all-in-one solution for quick and intelligent pricing management that will boost hotel occupancy and revenue
Calgary, Alberta (PRWEB) March 18, 2015
WebRezPro™ cloud property management system (PMS) by World Web Technologies Inc. is pleased to announce a partnership with leading revenue management system (RMS), PriceMatch. Direct two-way integration between WebRezPro and PriceMatch expedites the dynamic pricing process to maximize hotel RevPAR (revenue per available room) and efficiency.
Effective revenue management relies on continual analysis of historical pricing and occupancy data contained within a hotel’s PMS, as well as external data from the market and competition. By automating the flow of relevant data between WebRezPro PMS and PriceMatch, the interface increases efficiency, speed-of-reaction and accuracy for a more streamlined and effective yield management process. WebRezPro automatically sends reservation data (pricing and occupancy) to the PriceMatch system, which uses advanced algorithms and econometric tools to analyse the information — along with external data — to recommend optimal rates. Once the property approves the recommended rates, PriceMatch pushes verified pricing to WebRezPro, automatically updating rates in the PMS and across all connected channels.
“WebRezPro is a renowned solution in the U.S., and we are very happy that our mutual clients will benefit from a full integration between their RMS and PMS. It is one more illustration of the agility of cloud-based platforms when it comes to evolving and developing connectivity with other tools,” declared Charles Falanga, Director of Partnerships at PriceMatch.
“Sophisticated RMS solutions like PriceMatch make the complicated and time consuming process of revenue management easy and accessible to all hoteliers,” commented Frank Verhagen, President of World Web Technologies Inc. “With PriceMatch, we are excited to offer our WebRezPro customers a fully integrated, all-in-one solution for quick and intelligent pricing management that will boost hotel occupancy and revenue.”
PriceMatch provides an innovative and easy-to-use revenue management solution designed for both hotel managers and experienced revenue managers. Using big data and advanced econometric tools, the PriceMatch algorithm provides pricing recommendations through an extremely user-friendly website. Our account managers and engineers guarantee every hotel personalized assistance to optimize their RevPAR. For more information, visit http://www.pricematch.travel/en/
WebRezPro™ is a powerful and cost-effective cloud property management system designed to meet all front- and back-office needs of independent hotels, hotel groups and chains, vacation rental management, and inns. WebRezPro offers all the features of a traditional PMS, such as integrated accounting, GDS connectivity and multiple interfaces, as well as advantages unique to cloud-based systems, including anywhere access, integrated Web and mobile reservations and automatic data backup. Serving hundreds of clients in 30 countries, WebRezPro is a product of World Web Technologies Inc., a pioneering Internet marketing and software company for the tourism and hospitality industries since 1994.