Overview

RezE- stands out as an industry-leading internet booking engine by RezNext, empowering hoteliers to transform their hotel website into a robust and dynamic room booking channel. With RezNext's web-based hotel room booking software, you can effortlessly check real-time room availability online, providing guests with a seamless booking experience.

RezNext Internet Booking Engine Screen Shot

Key Features of RezNext Internet Booking Engine

• Booking Notes
• Customizable Reporting
• Data Imports/Exports
• Email Templates
• Multiple Rate Plans
• Online Booking
• Payment Processing
• Revenue Management

Specifications

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RezNext Internet Booking Engine Video

RezNext Internet Booking Engine USERS

Description

RezNext Internet Booking Engine Overview
RezNext offers a comprehensive suite of integrated distribution solutions that support a true real-time hotel distribution model. We simplify online distribution by bridging the gap between supply and demand, connecting both ends of the business seamlessly in real-time.

The hospitality industry is dynamic, and crafting an effective hotel revenue strategy to maximize yields throughout the year is no small feat. One of the primary challenges faced by hoteliers is optimizing room distribution to ensure profitable bookings across peak and non-peak seasons.

While adopting a rate strategy based on competitor pricing is common, it may not always be the most profitable approach. A successful hotel revenue strategy demands a more intricate approach, taking into account a dynamic range of metrics such as channel performance, market segments, and online reputation. This approach allows for intelligent pricing strategies across various online and offline distribution channels, but it's also a time-consuming task that requires constant attention from revenue managers. Therefore, there's a growing demand for sophisticated revenue analytic tools and experienced revenue analysts who can act upon real-time intelligence in the most profitable manner for the hotel.

Our Range of Revenue Management Services Includes:

Audit and Recommendation:
Our revenue management team collaborates with clients to understand their business objectives and goals. We conduct a comprehensive audit of the current revenue functions and processes to align the hotel's revenue growth with its goals. We then identify opportunities for revenue optimization and recommend best practices to maximize the property's overall profitability.

Price Positioning:
Our team assists you in adopting an intelligent pricing strategy, taking into account factors that can impact your bottom line, such as competitor pricing, online reputation scores, consumer behavior, market segmentation, and channel performance.

Targeted Marketing Programs:
With the emergence of diverse traveler segments – including business, solo, women, group, millennials, adventure seekers, and food enthusiasts – hoteliers need to reconsider their market segmentation strategy. We help hoteliers analyze consumer traits and behaviors to categorize them into more focused groups and develop specific marketing programs for each segment.

Collaboration with Demand Generators:
We closely collaborate with online channels to ensure our hotels are prominently featured in the right geographical segments, reaching the appropriate target audience and maximizing booking opportunities.

Identifying Business Opportunities:
Changing market conditions present hoteliers with opportunities to introduce new services, promotions, or packages tailored to unique consumer segments, driving incremental revenues. We work with hoteliers to identify these new business opportunities and revenue streams that enhance profitability.

Advanced Revenue Management System:
RezNext offers Rev powered by Maxim, an advanced revenue management system that empowers revenue managers with real-time smart analytics to make intelligent pricing decisions.

Distribution Recommendations:
A profitable distribution strategy requires a careful balance between hotel offerings, channel mix, and pricing. Selling the right inventory on the right channel is crucial for profitability. Based on a comprehensive analysis of channel performance and market trends, we recommend the most suitable distribution plan for your enterprise.

Digital Marketing:
Building online brand visibility, retaining loyal customers, and driving repeat business are essential strategies for revenue generation. Therefore, our revenue management service is complemented with integrated digital marketing offerings to help hoteliers maximize their ROI.

Learn more about our digital marketing services and how we can help you optimize your revenue strategy.

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