Infor launches new revenue management solution for the hospitality sector

GLOBAL – Infor, a global leader in business cloud software, has announced the launch of its new Revenue Management Solution (RMS) for the hospitality industry, aimed at transforming how hotels and resorts optimize pricing strategies and manage revenue in an AI-driven market.

Infor RMS is a powerful solution leveraging artificial intelligence (AI) and machine learning to optimize revenue management for hoteliers.

The platform offers a suite of tools designed to improve decision-making, streamline operations, and increase profitability across various revenue streams, including rooms, event spaces, and food and beverage outlets.

Key Features of Infor RMS

The platform includes a customizable dashboard that allows users to access critical KPIs in a tailored format.

This feature supports personalized reporting at both the individual hotel and enterprise levels.

Additionally, Infor RMS provides multi-dimensional pricing capabilities, enabling detailed pricing optimization down to specific room types, with flexibility for managing rates, discounts, and length-of-stay restrictions.

Infor RMS also offers dynamic configurability, integrating seamlessly with various property types, including resorts, economy brands, casinos, and extended-stay hotels.

This adaptability ensures that the system meets the unique needs of different operations.

AI-Driven Automation and Insights

A standout feature of Infor RMS is its AI-powered automation. The platform utilizes generative AI to offer real-time insights, assist with forecast validation, and support proactive decision-making.

This technology helps hoteliers anticipate trends and optimize pricing strategies, improving overall performance.

The system’s adaptive user personas feature provides intuitive, role-specific interfaces, making it easy for teams to engage with the platform and reduce the learning curve.

This ensures high adoption rates across departments.

Data-Driven Revenue Strategies

Infor RMS transforms data into actionable revenue strategies by leveraging Infor’s data lake technology and a hospitality-specific language model.

This enables comprehensive data analysis that guides smarter, more holistic revenue management decisions.

The platform offers flexible automation options, allowing users to choose between manual, semi-automated, or fully automated modes.

Regardless of the approach, the system delivers continuous reforecasting and real-time optimization to ensure optimal pricing.

Efficient Implementation and Maintenance

Infor RMS is designed for easy deployment, with an AI-assisted setup that minimizes user input during configuration and maintenance.

The system uses deep learning to generate accurate forecasts and create competitive sets, ensuring precise revenue projections.

Alan Young, Vice President of Hospitality Strategy at Infor, emphasized that the system’s ability to offer tailored automation and real-time insights positions it as a powerful tool for revenue managers.

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