MyForecast RMS 4.0
The Most Advanced and Intuitive Revenue Management System
Simplicity and Power in a single revenue management platform
The Revolution of Revenue Management
In the hospitality sector, the effectiveness of a revenue management system depends not only on its advanced capabilities but also on its ease of use.
MyForecast RMS 4.0 is designed to be the benchmark for hotels in Italy, offering the perfect combination of analytical power and operational simplicity.
Thanks to our technology, managers can make data-driven decisions without getting lost in complicated processes or cumbersome interfaces.
What Makes Us the No. 1 Revenue Management Software in Italy
MyForecast RMS is not just a revenue management system; it’s the result of over a decade of experience and innovation in the hospitality sector. Our platform is created to meet the needs of hotel businesses, offering the perfect balance between advanced technology and practical usability. Here’s what sets us apart and why we’re recognized as the most advanced revenue management software in Italy:
Advanced Segmentation for Comprehensive Management
With MyForecast RMS, you can segment your data in highly detailed ways. The software allows you to view up to four statistical fields simultaneously, giving you a clear view of the performance of each segment within your property, both at room level and rate level.
Key features:
- Customized KPIs: View key performance indicators for each rate plan.
- Detailed segment management: Optimize revenue strategies for each segment, maximizing results on every front.
Advanced Derivation Rules
MyForecast RMS enables flexible and automated management of rate derivations based on a wide range of variables, including:
- Stay period,
- Occupancy,
- Rate plans,
- ADR (Average Daily Rate),
- Competitor ADR.
This flexibility allows hotels to respond quickly to market conditions, ensuring that rates are always optimized and competitive.
Enhanced Data Tracking and Predictive Analysis
One of the most advanced aspects of MyForecast RMS is its ability to track data using the SDLY (Same Day Last Year) feature. This historical analysis allows hotels to compare current performance with that of the previous year, providing precise insights into booking trends.
Additionally, the software offers real-time Pick Up, which provides updates on all bookings received, improving future demand forecasting.
BI Reporting
Our BI (Business Intelligence) reporting provides in-depth, customized analysis of key KPIs, delivering critical data in a clear and understandable format. This feature also allows you to monitor:
- Cancellation rates by nationality,
- Booking windows by rate plan,
- Guest presence by age group,
- Detailed performance analysis for each room type.
This granularity provides both a global and specific view of your hotel’s performance, enabling data-driven decisions.
Occupancy Visualization for Booked and Assigned Rooms
With MyForecast RMS, you can quickly view the status of booked and assigned rooms, providing precise, immediate control over occupancy. This feature improves daily occupancy management, allowing managers to optimize sales and reduce the risk of overbooking.
Advanced Restrictions and Calendars
The platform allows you to set advanced restrictions dynamically and precisely, ensuring optimal sales management:
- Overbooking managed by room type,
- CTA (Close to Arrival) and CTD (Close to Departure),
- Minimum Stay and Maximum Stay,
- Room type and rate plan closures and openings.
These functions offer unparalleled operational flexibility, ensuring that every commercial decision is based on solid data and aligns with the hotel’s global pricing strategy.
Ease of Use: Powerful Yet Intuitive Software
A key aspect that sets MyForecast RMS apart from other revenue management software is its ability to combine technological power with a user-friendly interface. Despite its advanced features, MyForecast is designed to be easily used, even by those without extensive technical knowledge.
Each process is streamlined and well-organized, reducing the time needed to perform complex tasks such as rate management or generating advanced reports.
Users can easily navigate the software’s sections, with clear menus and search functions that make revenue management a smooth, hassle-free experience.
Guided Procedures
Guided procedures are another standout feature of our software. With these, each user can easily configure and use the advanced features of MyForecast RMS. These procedures guide you step-by-step, reducing errors and ensuring you can leverage the full potential of the system.
Benefits of guided procedures:
- Reduced learning time.
- Simplified setup, even for less experienced users.
- Automation of complex processes to reduce the margin of error.
Designed for Hotel Managers
MyForecast RMS is designed and developed by expert revenue managers specifically for hotel managers. We understand how important it is for those managing hospitality properties to have access to powerful yet easy-to-use tools that don’t require extensive technical skills. That’s why we created a system that:
- Automates critical decisions without the need for constant manual input.
- Presents data clearly and concisely, allowing for quick, informed decisions.
- Optimizes managers’ time, reducing workload and allowing them to focus on other priorities.
Continuous Support and Training
Not only is the software easy to use, but we also offer continuous support to ensure that each user can get the most out of MyForecast RMS. Our team of experts is available to address any questions or issues, providing personalized assistance based on the needs of the property. Additionally, we offer tailored training to ensure a quick system adoption without interrupting the hotel’s daily operations.
How MyForecast RMS Makes a Difference
Want to see how MyForecast RMS can optimize your property’s revenue management?
Contact us for a free demo and discover the power of a software that combines simplicity and innovation.
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With MyForecast RMS, you can:
- Obtain reliable forecasts
- Save time
- Reduce error rates to zero