Revenue Management

Different OTAs charge different service fees and will yield varied results for your business. This is why a one-size-fits-all approach to your pricing management is unlikely to drive you maximum return.

With Channel Markups, you can adjust your pricing across all your OTAs to make up for different fee amounts and capitalize on the best-performing channels. Add a percentage markup to each of the channels used, manage your daily and weekend prices, as well as availability window setting—and see how your revenue ramps up!

The Channel Markups can be used with any dynamic pricing tool integrated with iGMS. It means, with iGMS in your arsenal, you will be fully set up for hitting your financial goals.

Making data-driven decisions on your pricing is synonymous with maximizing your revenue. However, analyzing countless data points manually to define the best nightly rate will eat up all your time. Ensure your pricing is based on real-time insight and save tons of time on data analysis by using one of the dynamic pricing tools that integrate with iGMS:

– Pricelabs
– Wheelhouse
– DPGO
– BeyondPricing

Smart algorithms that lie at the core of each of these tools will make pricing management effortless while optimizing your prices for maximum profit. The best part — you can enjoy hands-off pricing management as rates generated by your dynamic pricing tool will be pushed automatically across your OTAs connected to iGMS.

Keeping tabs on your revenue is essential for measuring your success. But collecting data and monitoring financial results is a time-consuming and tedious process. Retire your spreadsheets with endless formulas, and let iGMS reporting simplify this task for you.

Via the iGMS Dashboard, you can monitor your monthly revenue, as well as a whole host of other metrics including your average daily revenue (ADR) and revenue per available listing/property (Rev PAL). Access this data in minutes to accelerate the decision-making process. The data is updated in real-time without your manual input, helping eliminate human error and saving you the hassle and time.

By using insights and data to spearhead your strategy, you will be able to make the right conclusions and amplify your revenue across the board.