Revenue management and profit optimization for hotels and casinos
Total profit optimization
Evaluate and understand your property’s mix of revenue and profit centers holistically and more strategically with up to nine categories of hotel ancillary revenue, custom to your hotel.
Dynamic pricing solutions
Guestrev offers open pricing recommendations by room category and market segment. Price each room category independently of overall demand based on factors such as perceived value, guests’ willingness to pay, and dynamic demand and availability indicators.
There’s only so much you can do with spreadsheets but having a system that can look at our customers’ spend and value and use analytical information to drive demand and response accordingly is priceless. Guestrev has been quite effective in that sense, especially when paired with the expertise of the Cendyn team.
Unlock true guest value
Guestrev employs the most accurate valuation of your guest’s true revenue potential at the segment level. Understand your guest’s willingness to buy, distribution cost – down to market segment and booking channel – and total profitability while on-property.
It’s the best off the shelf revenue management solution for casinos.
Synchronize PMS data in real time
Forecast accurately, price with certainty, and make quick, agile decisions. Synchronize your PMS data with Guestrev in real time so you can look at the most accurate picture of your data, outside of the standard nightly processing — for smarter decisions powered by a true hotel revenue management system.
We use Cendyn’s Guestrev product for our revenue management system. It’s a great dynamic system that looks at all of the different business demands and gives us a great forecast. From there, we’re really able to optimize and figure out the right pricing points and looking at their recommendations to optimize our business.
Your questions answered
What is Cendyn Guestrev?
Guestrev is a revenue management and profit optimization solution for hotels and casinos. It aims to boost both room revenue and non-room revenue by accurately forecasting demand and optimal room rates for properties.
How does Cendyn Guestrev work?
Guestrev analyzes internal data, market supply, and customer demand to calculate the ideal rate for rooms, which helps hoteliers sell their rooms at the most optimum price. It also captures ancillary spending across up to nine distinct categories, helping hoteliers optimize their non-room revenue as well.
How will Guestrev help me with my pricing strategy?
Guestrev provides price recommendations based on data science algorithms. When you’re selling your rooms at Guestrev’s price recommendations, you can be confident that you’re selling at the most optimum price. Guestrev prevents situations like underpricing, which helps prevent potential revenue loss, and overpricing, which helps prevent potential loss of bookings.
What long-term results can I expect from Cendyn Guestrev?
You can expect increased revenue, increased occupancy rates, and increased ADR (Average Daily Rate), all contributing to improved overall hotel performance.
What if I have other questions about Guestrev?
Please submit our contact form with your query, and one of our representatives will be in touch shortly.
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Supercharge profit from every segment and deploy a total revenue management and profit optimization solution.
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