Dynamicbar | Rate Management System | HotelKey
Dynamicbar

Automated Pricing For Maximum Revenue

Adjusts room rates in real-time based on occupancy levels, market demand, and local events. This intelligent pricing feature ensures that hotel rates stay competitive and optimizes functioning for maximum revenue.

Unlock Maximum Revenue Potential For Hotels With Dynamic Pricing

Specification

Automated Price Adjustments

Rates are automatically updated based on occupancy and demand patterns.

Leverage the power of analytics to optimize pricing strategies and improve revenue forecasting to make data-driven decisions.

Dynamicbar | Rate Management System | HotelKey

Maximized Profitability

It ensures that the best available rates are set to optimize revenue without manual input.

Market-Sensitive Pricing

Rates are adjusted based on market trends, local events, and competitor pricing.

Seamless Integration

Easily integrate this with the existing Property Management Systems (PMS) for smooth operation.

Occupancy Thresholds

Dynamic BAR adjusts room rates based on occupancy thresholds by automatically increasing or decreasing the daily BAR. This ensures that pricing remains competitive while optimizing profitability and increasing revenue in real time.

Occupancy Thresholds| RMS | HotelKey

Automated BAR Levels Switching

The BAR level automatically adjusts based on occupancy status, increasing or decreasing in response to new bookings, modifications, no-shows, cancellations, and group block changes. This dynamic pricing feature ensures real-time optimization of rates across all properties and OTA platforms.

Automated BAR Levels Switching | RMS | HotelKey

Relative Pricing Offsets

BAR levels can be configured as offsets from the base BAR 1, either as a fixed amount or a percentage. This feature offers maximum flexibility, allowing hotels to fine-tune their pricing strategy based on specific revenue goals or market conditions, giving full control over rate adjustments.

Relative Pricing Offsets | RMS | HotelKey

Human Override

For special occasions that require manual pricing decisions, the Human Override feature helps to set the BAR level with a single click. By applying the override, the system will ignore occupancy events and maintain the selected BAR level for those days, ensuring that the pricing aligns with the strategic goals.

Human Override | RMS | HotelKey
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