Pricing Optimization

4/5 features

Price Explanation

RMS can be perceived as black box systems where users struggle to understand the outputs, which in an automated environment is critical to build trust between human and machine. This feature provides rationale for pricing outputs to users in easy to understand language and visualizations.
Enterprise Business Guidelines

Enterprise Business Guidelines allow corporate revenue managers, cluster revenue managers and revenue management system directors to implement best practices and pricing guidelines for individual properties/Increases efficiency of corporate revenue teams and reduces administrative overhead and ensures corporate strategies are followed.
Alternate Stay Date Recommendations

Allows the RM to find and suggest the optimal alternative date(s) to take group business/Allows RMs to take the right group business at the right time for the right rate.
Alternate Property Reccomendations

The application suggests alternate properties that may be a better fit for the group given the budget/Ensuring you take the right group business without denying or closing out availability to groups
Real-time price optimization

As soon as a change in the market or at the hotel occurs, the software will react in real-time with a measure to that change in activity if necessary. There is no need to wait for an "optimization run" to happen like it has been in the past.
Dynamic Price Hierarchy Control

Each room type is priced dynamically but always respects the room price hierarchy.
Open Pricing

Open Pricing allows hotels to yield each segment, channel and room type independently in real time. Open pricing gives hotels the ability to price all room types, channels and dates independently of each other to maximize revenues without having to close any off./Hotels can price each room across all channels based not on BAR, but on the demand for those specific products and segments. It means never closing the door on a guest who wants to book a hotel. And it means maximizing revenue by selling the right room to the right customer at the right time for the right price.
Guided workflows

Workflows within the application to guide new users through revenue management best practices and day-to-day activities using the software.
"What-if" scenario analysis

Get detailed forecasts on an inventory level to help you to explore how different configurations of your rooms and rates would maximize group revenue.
Dynamic Pricing

Ability to adjust prices based on rules and conditions/Provides for flexibility and control without making daily pricing changes
Set Boundaries

Set minimum and maximum prices, making sure your rates are always in your comfort-zone.
Manage Exceptions

Change individual dates by making percentage adjustments or fixing prices
Group Pricing

Instantly calculate the optimal rate for groups and make data-driven decisions on which business to accept.
Manage Restrictions

Use restrictions to control your business mix and know when to close out corporate rates and maximize revenue from your transient business.
Manage Sell-Outs & Cancellations

Optimize overbooking to account for all expected cancellations, no-shows and group wash across all market segments and grow on-site spend
Business Mix Optimization

Flexibly optimize business mix by managing product availability based on value and drive shoulder night performance
Define Cycles

Manage seasonality and day-of-week patterns with monthly and weekday adjustments.
Yield Room Types Individually

React to different booking behavior on an individual room-type basis
Bulk Adjustments

Apply more granular modifications with simple bulk-adjustment features
24-Months Pricing & Forecasting

Ability to adjust prices 24-months into the future in real time providing better control to take advantage of even the slightest changes in the market 24-months into the future and avoid missing future opportunities.

Market Intelligence & Forecasting

4/5 features

Five-Year Forecasting

Allows users to build demand and financial forecast for up to five years into the future/increased visibility.
365-Day Forward Pricing

Set prices 365 days into the future
STR Data

Connect your RMS to STR compset data to leverage in your yield strategy and decision making.
18-Month Forward Pricing

Set prices 18-months into the future.
Price sensitivity modeling

Ability to run pricing scenario analysis and sensitivity models to project demand at various price levels.
Multi-Property Dashboard

Monitor the performance of your entire hotel portfolio by providing you with aggregated KPIs.
Market Intelligence Data

Improve decisions by incorporating competitor influence within your selected competitive set and position, optional reputation and sentiment scores to monetize on your online reputation, or view STR data within the dashboard for quick reference.
Interactive Customizable Dashboards

Visual heat map calendars, interactive dashboards and scheduled reports keep users of all levels informed and engaged. Multi-property reporting capabilities makes it easy for corporate teams as well as cluster revenue managers.
Future Market Demand Data

Monitor hotel booking demand in any geographical market in your RMS, 365 days into the future to better understand traveler intent and capture recovering demand with the right rates and offers based on forward-looking data.
Financial Forecast Builder

The ability to build a user-financial forecast and budget that can be locked into the system for use in reporting and pricing which reduces the time it takes to build a forecast and centralizes forecast and budget data into one system.

Dashboards & Reporting

4/5 features

Custom Reports

The ability to slice and dice your data as you need with an easy to use report builder interface/flexible, customizable, and works for all different hotel types.
Scheduled Reports

The ability to schedule reports to be delivered via email at a day, time and frequency of the user's choosing/automates manual report runs and saves time pulling data.
Lost Business Data

Lost Business Data describes the information an RMS collects from a hotel’s booking engine about each visitor that comes to the hotel's website. It is used to to inform hoteliers on how many potential customers are shopping on the website.
Analytics dashboard
Interactive Customizable Dashboards

Visual heat map calendars, interactive dashboards and scheduled reports keep users of all levels informed and engaged. Multi-property reporting capabilities makes it easy for corporate teams as well as cluster revenue managers.
Market Insights Reporting

Analyze thousands of market prices we make sure you never miss an opportunity
Pickup Analysis

You’re getting fewer or more bookings than expected? Our optimization algorithm will react quickly
Booking Pattern Analysis

Track each booking in real time to understand booking patterns, drive relevant promotions, and control your supply.
Event Data

Get real-time updates on events including: concerts, sports games to exhibitions and trade shows to inform your yield strategy.
Price Change Logs

Drill into every price update and every booking. There's full transparency on how your business is performing and how the pricing engine makes its decisions.
Customizable Notifications & Alerts

User-defined alerts proactively monitor the system’s key changes, providing notifications when business conditions significantly shift.
Displacement Analysis

Eliminate the need to pull data from different systems when running a Displacement Analysis.
Group Pricing & Evaluation

Evaluate the best dates and property to place group business while understanding expected displacement and profitability.
Multi-Property Dashboard

Monitor the performance of your entire hotel portfolio by providing you with aggregated KPIs.

Automation

4/5 features

Controlled Automation/Algorithm Customization

The ability for customers to operate in a hybrid manual / automated manner / highly increases the adoption of automation and allows companies to apply strategies and controls to their automation.
Automated Room-Type Pricing

Room-type pricing is automated based upon factors such as room type availability, demand and seasonality. With automated room-type pricing, revenue managers have a much better understanding of the additional revenue by room type they’ve achieved/The data is available to analyze room type efficiency, comparing actual ADR of room type differences to set pricing differentials. Comparing room types sold versus room types occupied helps hoteliers better understand whether they are capturing the right amount of revenue from higher room types or whether front-desk clerks are offering too many free upgrades. Armed with this information, hotel revenue managers can test strategies such as pre-arrival marketing campaigns as well as educating the front desk staff on how best to sell upgrades. Group and corporate sales teams can also be educated on how to quote multiple room types when selling.
Fully automated revenue management
Dynamic Pricing

Ability to adjust prices based on rules and conditions/Provides for flexibility and control without making daily pricing changes
AI Optimization

Continually learns and adapts to how pricing and controls impact booking patterns and demand to improve outputs. Decisions are seamlessly distributed to key technology systems.
Automatic Pricing Updates

Software will optimize your prices throughout the day and directly update in your PMS or Channel Manager

Multi-Property Functionality

4/5 features

Inventory Management

Ability to provide recommendations/decisions on yielding availability/ Rate is only part of revenue management, availability controls (minimum length of stay, open or close, overbooking) have just as great an impact.
Multi-property Management
Multi-Property Dashboard

Monitor the performance of your entire hotel portfolio by providing you with aggregated KPIs.

Group Business

4/5 features

Group Pricing & Evaluation

Evaluate the best dates and property to place group business while understanding expected displacement and profitability.
"What-if" scenario analysis

Get detailed forecasts on an inventory level to help you to explore how different configurations of your rooms and rates would maximize group revenue.
Displacement Analysis

Eliminate the need to pull data from different systems when running a Displacement Analysis.

Integrations

4/5 features

Open API

The ability for other systems to access the loyalty platform to issue, transfer, redeem, or exchange loyalty points/miles - this is not a fundamental requirement of a loyalty program, but increasingly desirable.
Channel Manager

Connect your channel manager to your RMS to extract channel mix and booking data to fuel your pricing and better understand profitability by channel.
Business Intelligence

Connect your RMS to other business intelligence tools to create custom reports using both your RMS data and other tools.
STR Data

Connect your RMS to STR compset data to leverage in your yield strategy and decision making.
Property Management System

Connect your RMS to your PMS to sync real time inventory and instantly update rates in your PMS as you make changes to your pricing strategy.

Other

3/5 features

Group pricing & evaluation
Mobile App
Smart Spreading Technology

“Smart Spreading” technology takes updates to your monthly forecast and intelligently allocates them day by day, segment by segment.
Single Sign-On

Single Sign-On is the ability to maintain centralized control over employee access rights for all of the applications they use in their organizations/Allows companies to maintain control over employees' access rights and only requires a single set of credentials to access multiple applications
Mobile Friendly Design

Product design allows users to work on either a desktop or mobile device / Revenue Managers often have to work "on the go" and so it's critical that applications are mobile compatible.

Looking for specific info?

happyhotel - An important support for us

Geschäftsleitung from 25-49 room Luxury Hotel in Freudenstadt (Germany)

Verified

4 days ago

Thanks to happyhotel, we no longer have to deal with the stress of having to adjust prices to current circumstances. The software is fast and very efficient. It makes our daily work much easier.

Germany

Geschäftsleitung

Medium Hotel

Share review

Happyhotel

Revenue Manager from 75-99 room Boutique in Kitzbuhel (Austria)

10 days ago

Everything we have is great. The forecast, the pricing, the strategies. And also the support with all questions.

Austria

Revenue Manager

Large Hotel

Revenue Management

Management from 50-74 room Extended Stay & Serviced Apartment in Saarbrucken (Germany)

16 days ago

Products Reviewed

Revenue Management Systems

What do you like most?

Since implementing HappyHotel in our company, our way of working in revenue management has changed fundamentally – and in a completely positive way. What particularly impressed us from the start was the intuitive handling of the software. The user interface is clearly structured, logically organized, and allows even new team members to quickly find their way around. Particularly noteworthy is the autopilot, which automatically makes pricing decisions based on sound data analyses and intelligent algorithms – and does so with impressive precision. Of course, we retain control and can intervene manually, but the autopilot generally delivers excellent results while saving us valuable time. Another major advantage is the transparency and clarity offered by HappyHotel. The pick-up analysis, market comparisons, sales forecasts, and evaluations are not only comprehensive but also presented graphically so that they can be understood at a glance. This makes our daily work efficient and well-founded. By using HappyHotel, we were able to significantly optimize our pricing strategy, which is clearly reflected in the figures: Our sales have increased noticeably since the implementation. The data-based price control combined with the ease of use is a real game changer for us. HappyHotel's support is also particularly commendable. The employees are not only competent and friendly, but also respond quickly and solution-oriented. We also feel that we are always well looked after, even with individual concerns. In discussions with colleagues in the industry, we learned that other systems unfortunately often did not deliver the desired results. We are therefore all the more pleased to have found a solution in HappyHotel that not only delivers on its promises but has even exceeded our expectations. Our conclusion: HappyHotel is an extremely powerful, user-friendly, and time-saving tool that we can wholeheartedly recommend. Anyone who wants to elevate their pricing strategy to a professional level while conserving resources is in the best hands with this program.

What do you dislike or think could be improved?

It would be very helpful if you could adjust prices directly with just one click, without having to switch to multiple submenus or check boxes. This would speed up the workflow even further, especially for last-minute price changes or special events. I also have to say that I personally found the previous table view to be much clearer. The new view is modern, no question, but for me the previous layout was more intuitive and easier to use on a daily basis. Unfortunately, this is no longer available - which meant a bit of an adjustment for me. I would at least like to have the option to choose between different view modes to better support individual working methods.

Management

Evaluation

Empfangs-& Reservierungsleitung from 75-99 room Airport/Conference Hotel in Bad Sachsa (Germany)

17 days ago

Clearly and well-thought-out layout, so you can quickly find everything you need. Support is also always very quick to help us with solutions.

Empfangs-& Reservierungsleitung

Happyhotel the RMS for smart solutions

Head of Revenue from 25-49 room Boutique in Potsdam (Germany)

18 days ago

The simplicity of onboarding and operation makes this RMS perfect for hoteliers who don't have the time to spend 4-6 hours a day dealing with an RMS and revenue. The strategies are easy to set up and it's very clear what the system does and suggests. The reporting is clear and easy to create. After about a year of learning, the forecast fig...

Head of Revenue

Definitely recommend!

Commerical Director from 100 to 199 room Bed & Breakfast & Inn in Buenos Aires (Argentina)

The simple and intuitive interface makes daily operations across all five of our locations noticeably easier. The ability to quickly compare rates with competing hotels is especially valuable, helping us stay competitive in all markets. The extensive range of reports also leaves nothing to be desired, providing valuable insights across all 378 rooms. The uncomplicated collaboration makes working with the system genuinely enjoyable, and the interface is exceptionally well-designed and user-friendly. We also appreciate that the product is continuously evolving – and most importantly, it has helped us significantly increase our average daily rate. In addition to these benefits, the system’s speed and reliability truly stand out. Updates are implemented seamlessly, and customer support is always responsive, efficient, and knowledgeable. Training new team members is quicker than ever before, thanks to the logical structure and intuitive design. We’ve noticed improved internal workflows and more confident decision-making due to the clear data visualization and real-time analytics. Overall, it’s not just a tool, but a key part of our strategy that consistently drives performance and supports long-term growth. We couldn’t imagine operating without it now.

I can't think of anything to say about this right now; it's perfectly suited for our purposes. Communication with support could be a bit better. That said, that the overall experience has been overwhelmingly positive. The system delivers exactly what we need on a daily basis, from its straightforward functionality to its impressive stability. It integrates well with our existing tools, and its customizable features allow us to tailor it to our specific workflows. The user interface is clean and easy to navigate, which has minimized the learning curve for new team members. We’ve also appreciated the clear documentation and helpful onboarding materials, which made initial setup smooth and stress-free. One small area for improvement is response time from support—while the team is friendly and knowledgeable, there have been moments when quicker assistance would’ve made a real difference. That aside, the platform continues to exceed our expectations. It's a reliable, well-built solution that fits seamlessly into our daily operations, and we're confident it will continue to grow alongside our needs.

Argentina

Commerical Director

Time-saving RMS with autopilot

Head os Operations from 100 to 199 room Extended Stay & Serviced Apartment in Freiburg im Breisgau (Germany)

Happyhotel makes my daily work easier. The autopilot automatically adjusts prices to demand. I also use the analytics to keep track of all the numbers.

Head os Operations

More time, more revenue, less effort, thanks to happyhotel

Inhaber from 25-49 room Bed & Breakfast & Inn in Arnschwang (Germany)

19 days ago

Since using happyhotel, our pricing has become much more efficient, automated, and time-saving. Dynamic pricing works reliably in real time, which has led to a noticeable increase in revenue.

Inhaber

Good software - good support

Geschäftsführer from 25-49 room Boutique in Kalkar (Germany)

26 days ago

The uncomplicated collaboration is fun, and the interface is also good. The product is constantly being developed further, and it has significantly increased our average rate.

Geschäftsführer

Assistenz der GF from 50-74 room City Center Hotel in Bayreuth (Germany)

1 months ago

The simple and intuitive handling makes daily work much easier, with the comparison rates of competing hotels being particularly helpful. The wide range of reports also leaves nothing to be desired.

Assistenz der GF

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Sorry, this functionality is only available for verified hoteliers

happyhotel

What is happyhotel?

Price Explanation

Enterprise Business Guidelines

Alternate Stay Date Recommendations

Alternate Property Reccomendations

Real-time price optimization

Dynamic Price Hierarchy Control

Open Pricing

Guided workflows

"What-if" scenario analysis

Dynamic Pricing

Set Boundaries

Manage Exceptions

Group Pricing

Manage Restrictions

Manage Sell-Outs & Cancellations

Business Mix Optimization

Define Cycles

Yield Room Types Individually

Bulk Adjustments

24-Months Pricing & Forecasting

Five-Year Forecasting

365-Day Forward Pricing

STR Data

18-Month Forward Pricing

Price sensitivity modeling

Multi-Property Dashboard

Market Intelligence Data

Interactive Customizable Dashboards

Future Market Demand Data

Financial Forecast Builder

Custom Reports

Scheduled Reports

Lost Business Data

Analytics dashboard

Interactive Customizable Dashboards

Market Insights Reporting

Pickup Analysis

Booking Pattern Analysis

Event Data

Price Change Logs

Customizable Notifications & Alerts

Displacement Analysis

Group Pricing & Evaluation

Multi-Property Dashboard

Controlled Automation/Algorithm Customization

Automated Room-Type Pricing

Fully automated revenue management

Dynamic Pricing

AI Optimization

Automatic Pricing Updates

Inventory Management

Multi-property Management

Multi-Property Dashboard

Group Pricing & Evaluation

"What-if" scenario analysis

Displacement Analysis

Open API

Channel Manager

Business Intelligence

STR Data

Property Management System

Group pricing & evaluation

Mobile App

Smart Spreading Technology

Single Sign-On

Mobile Friendly Design

happyhotel Reviews Summary

happyhotel Pricing

Happyhotel Reviews

happyhotel Integrations

Support

Unverified

Support Not Verified

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