Revenue Management System
Smarter rate management
Elina's rates, restrictions and promotions module is designed for smartly managing revenue for serviced apartments, apart hotels, vacation rentals, chalets and lodges owners and operators. Using setting up rules, you can yield or reduce rates based automatically saving time. When needed it is easy to still change an individual rate or restriction.
Using Elina PMS you can set your rates for every accommodation type to adjust automatically based different factors, including: channel, length of stay, booking window, occupancy achieved and more.
- Manage length of stay rates
- Use rules to make rate management simpler, such as 'master / sub', or 'parent / child' rates
- Control end sell price depending on the OTA
Length of stay rates
Create multiple rate types offering different rates based on the length of stay. Elina PMS can adjust tax also based on length of stay, allowing you to offer short, mid and long rate with restrictions either on or offline depending on your choice.
Manage rates more simply using rules to automate
Set up simple rules to determine how your rates change. This saves time, so you do not have to change rates as often. If you have alread or can create a rate strategy, then we are happy to discuss how it can be implemented. The most common rule is to increase rates using occupancy.
Yield rates based on occupancy
The most popular type of rate management rule for increasing revenue is to set increments based on occupancy when rates increase, for example at 50%, 70% and 90% on serviced apartments. Or the opposite, which is to reduce the rate on vacation rental single units within a certain window automatically.
Create promotions to use in marketing
Create, edit and manage promotions. You can offer unique or more emotive packages and offers on your own website, with a huge number of options to attract guests to book directly.
Control the end sell price on OTAs per channel
By In combination with the channel manager, you can also determine different prices per end sales channel, so for example Booking.com can be a different rate setting to Expedia, or to AirBnB, as they often have different commissions. There are some limitations which depends on whether you have a lead strategy through AirBnB or through Booking.com for example. One of our Directors would be happy to discuss this.