Product Description
Founded by two academic professors and a hospitality CTO, PricingService.ai leverages the latest advancements in Artificial Intelligence and Machine Learning to deliver hotel room pricing via a monthly subscription service. We are not another Revenue Management System. Instead, we built the world’s first Revenue Management Service.
PricingService.ai
Founded by two academic professors and a hospitality CTO, PricingService.ai leverages the latest advancements in Artificial Intelligence and Machine Learning to deliver hotel room pricing via a monthly subscription service. We are not another Revenue Management System. Instead, we built the world’s first Revenue Management Service.
Fully Autonomous Pricing Service – Summary
With our Fully Autonomous Pricing Service we completely alleviate the burden of hotel room pricing from hotel General Managers and other hotel staff, giving them back precious hours in the day to focus on guests, associates and hotel operations. We will connect to your Stayntouch PMS instance and automatically adjust your hotel room prices throughout the day.
Second Opinion Pricing Service – Summary
With our Second Opinion Pricing Service we complement the hotel room pricing derived from Revenue Management Systems by providing Revenue Managers with an AI-based set of room pricing recommendations. In other words, all of the mathematical power of the Fully Autonomous Pricing Service but without adjusting room prices in your Stayntouch PMS instance.
Why This Product?
- It’s a Service, not a System – no new UI to learn, no new system to administer, nothing to log into
- Daily reports delivered directly to your email inbox
- Being rooted in academia allows us to incorporate the latest findings from Artificial Intelligence and Machine Learning research into our service offerings
- Monthly subscription service – no contract commitments, you can cancel anytime
- The math – everyone’s algorithms are unique and we think ours are the best
Who Uses This?
- We built the Fully Autonomous Pricing Service for General Managers of independent hotels with no Revenue Management staff and no existing investments in Revenue Management Systems. There are only so many hours in a day and our Fully Autonomous Pricing Service gives precious time back to General Managers by fully automating the hotel room pricing function.
- We built the Second Opinion Pricing Service for Revenue Managers of independent hotels who welcome an AI-based second opinion of their hotel room pricing decisions. Think of our Second Opinion Pricing Service like a stock tip newsletter. We will highlight opportunities to adjust hotel room pricing to increase room revenue. We will not make any changes to the pricing in your Stayntouch PMS instance. You maintain complete control and you decide if and when to adjust room pricing.
Key Features & Benefits
Fully Autonomous Pricing Service (FAPS) – Features/Benefits
- FAPS never sleeps
- FAPS never calls in sick
- FAPS never goes on vacation
- FAPS never quits
- With FAPS, you do not need Revenue Management expertise
- With FAPS, you do not need to invest in a Revenue Management System
- With FAPS, you can leverage the full power of Artificial Intelligence and Machine Learning without having to write a single line of code
- With FAPS, you can focus your time and efforts on providing exceptional service and experiences to your guests and associates
Second Opinion Pricing Service (SOPS) – Features/Benefits
- SOPS never sleeps
- SOPS never calls in sick
- SOPS never goes on vacation
- SOPS never quits
- With SOPS, you can augment your Revenue Management expertise without adding headcount
- With SOPS, you can complement your investments in Revenue Management Systems
- With SOPS, you can leverage the full power of Artificial Intelligence and Machine Learning without having to write a single line of code
- With SOPS, you can sleep easier knowing that we are monitoring your room pricing in Stayntouch and providing you with daily price recommendations to increase room revenue
- With SOPS, you can focus your attention on the dates and room types with the greatest pricing opportunities
