Rate Quantum: Hotel Revenue Management Software
Rate Quantum helps hotel and B&B owners automate their pricing strategy. It is designed for operators who want to reduce manual rate adjustments through algorithmic demand analysis.
At a glance
- Category
- Operations
- Best for
- Hotels, B&Bs, Boutique accommodations, Hospitality business owners
- Pricing
- Pricing is available at £2 per room per month or $3 per room per month. A one-month free trial is available with no payment method required.
- Key use cases
- Automated Daily Rate Adjustment, Long-term Booking Window Management, Demand-Based Pricing, Revenue Performance Monitoring
- Integrations
- PMS connectivity
- Official website
- ratequantum.com
Rate Quantum is a revenue management tool designed for hotels, B&Bs, and boutique accommodations. Rather than tracking competitor prices, the software uses machine learning algorithms modeled after airline yield systems and stock trading to determine room rates based on a property's own data and booking pace.
The platform is designed to run autonomously after an initial setup, updating rates an average of 3-4 times daily across a booking window of approximately 120 days. It connects to a property's PMS to collect data and adjust pricing based on predicted booking probabilities and expected cancellations.
Buyers should note that the system requires the input of minimum rates to establish a price floor. It also provides dashboards and reports to help operators monitor performance without needing to manually manage every daily price change.
Key Features
Adjusts room rates multiple times daily using machine learning and demand analysis.
Connects with Property Management Systems to enable data flow and rate updates.
Visual tools designed to provide an overview of business performance and revenue metrics.
Uses data patterns to predict booking probabilities by room type, length of stay, and lead time.
Provides exportable reports on source markets, booking patterns, and general hotel performance.
Provides connectivity options for pricing data integration.
Use Cases
Updating room prices 3-4 times per day based on demand analysis.
Managing and adjusting rates across a 120-day forward-looking booking window.
Setting prices based on the property's own booking pace rather than matching competitor rates.
Using dashboards to track source markets and booking patterns.
Best For
Integrations
Pricing
Pricing is available at £2 per room per month or $3 per room per month. A one-month free trial is available with no payment method required.
FAQ
It uses machine learning algorithms modeled after airline yield and stock trading systems, focusing on the hotel's own data and booking pace rather than competitor pricing.
On average, the system updates rates 3-4 times daily for a booking window of approximately 120 days.
The service costs £2 per room per month or $3 per room per month.
Yes, there is a one-month free trial that does not require a payment method to start.
Source category: Operations
Source subcategory: Revenue Management
