Revnomix | Hotel Revenue Management to manage and analyse the collected data to arrive at informed decision making.
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Revnomix
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Revnomix Overview
Revnomix delivers targeted revenue management solutions tailored for the hotel industry, focusing on dynamic rate strategies and business intelligence. As a leader in this space, Revnomix leverages data analytics to optimize hotel revenue, ensuring properties exceed the typical 40% revenue management efficiency. Their approach transforms hotel data into actionable insights, driving strategic pricing decisions that enhance profitability. With a foundation built by hoteliers for hotels, Revnomix offers a unique perspective that aligns with industry needs. This service not only improves financial outcomes but also provides a competitive edge in the hospitality market.
Revnomix Use-Cases and Business Priorities: Customer Satisfaction Data
Revnomix,
belong to a category of solutions that help Revenue Management.
Each of them excels in different abilities.
Therefore, determining the best platform for your business will depend on your specific needs and requirements.
Revnomix is India's leading hotel revenue management company, recognized for its services, strategies, and business intelligence. Dynamic rate strategy is expertly provided.
Revnomix Customer wins, Customer success stories, Case studies
How does Revnomix facilitate Revenue Cycle Management?
Revnomix provides Revenue Cycle Management services for hotels. Their expertise lies in data analytics and total revenue management. They offer customized solutions that use technology to optimize revenue for their clients.
Luxury Hotels and Resorts brand (Hotel Chain)
- Hospitality
Revnomix Business Intelligence (BI) platform helped a luxury hotel chain automate data processing. The client faced manual data handling and inconsistent formats across properties. Revnomix consolida...ted data from multiple systems into a single BI platform. The solution automated daily and weekly reporting, provided real-time analytics, and enabled role-based dashboards. The hotel chain now benefits from faster, more accurate insights and improved revenue management.
Hotel Asset Management Consulting (a hospitality consulting firm based in Bangalore)
- Hospitality
Revnomix Business Intelligence (BI) platform helped a hospitality consulting firm in Bangalore. The client needed a custom BI dashboard to manage hotel assets and show owners their hotel's performanc...e. Revnomix used Power BI and Python ETL to standardize and consolidate data from multiple sources. The solution included five custom modules for reporting and analytics. The client praised Revnomix for their ingenuity and support in building bespoke BI tools.
Revnomix provided a dedicated 24/7 revenue management team for a hotel group in the USA. The hotel group faced challenges with inconsistent reporting and revenue management processes across multiple ...brands. Revnomix consolidated data from different systems, standardized procedures, and built a common business intelligence platform. The solution included daily and weekly automated reporting using AI, ML, and NLP. The client reported improved revenue optimization and data-driven decision making.
Revnomix Software helped Zara Resort improve channel optimization and data analytics. The hotel faced challenges with offline agents, fixed rates, and missed demand opportunities. Revnomix introduced... online booking channels, dynamic pricing, and demand forecasting. These changes improved visibility on OTAs, increased average daily revenue, and length of stay. The resort also saw better booking pace and overall growth.
Revnomix Revenue Management Software helped Hotel Harbour View, a luxury boutique hotel in Mumbai, improve its online positioning after a long renovation. The hotel faced challenges with low online v...isibility and a past image as a guest house. Revnomix implemented a new positioning strategy, added new channels, and used dynamic pricing. These steps led to better OTA rankings, higher occupancy, improved ADR, and longer guest stays.
Revnomix Hotel Data Analytics services helped The Taj Tristar, a 3-star hotel in Secunderabad, improve its online ranking and revenue. The hotel faced low bookings, poor OTA visibility, and setup iss...ues. Revnomix updated OTA content, adjusted pricing using data analysis, and monitored performance daily. As a result, rooms sold by Day of Week increased by 74% year on year. Revenue by Day of Week grew by 55% compared to the previous year.
