CendynToday, announced a number of enhancements and innovations to its revenue management products. Guestrev The following are some examples of how to get started: Grouprev. The company’s commitment towards driving revenue and increasing profitability is demonstrated by the additional integrations and partnerships it has made with companies like Amadeus and Agilisys.
The hotel industry faces a number of challenges, including the use of AI and total revenue optimization. In addition, rising costs and economic insecurity are also a concern.
Cendyn has made significant updates in its revenue management software to assist revenue managers with challenges like increasing ancillary revenues. Cendyn Guestrev makes dynamic pricing suggestions by market segment and room category. This helps hoteliers and casinos understand the property’s revenue and profit centers.
Guestrev provides access to Cendyn Central Reservation System/Booking Engine enriched business data in order to provide a deeper insight into future demand. The hoteliers can now track the date and time of rate changes, the person who updated the rates, the date they were sent to PMS and whether or not the PMS has accepted the change. They can also search, sort and filter by segment or date of arrival.
Kevin Duncan, Cendyn’s SVP for product, said: “Cendyn has been working hard to develop and enhance our revenue management tools in order to help customers increase revenue with each guest, regardless of whether they are independent hoteliers, casinos or brand properties.” Cendyn’s revenue management products offer unmatched flexibility and insights by revolutionizing profit-optimization for hotels and casinos. Our commitment towards innovation and growth allows our customers to navigate a seamless path of technology that drives commercial success.
Guestrev updates reduce the manual effort for revenue managers at casino resorts by automatically populating price recommendations. By overriding a transient rate, the control segment values are updated automatically. This reduces manual effort, and helps to prevent revenue losses due to errors in pricing.
Cendyn Grouprev was built using Cendyn Guestrev’s core transient forecast tools. It gives a clear view of group business and provides projections at the micro-segmentation level. New competitor shop-weightings offer insights into pricing by competitors and can help group sales managers to make better pricing decisions, depending on market occupancy or seasonality.
Cendyn is committed to seamless vendor integration, and eliminating data silos within a fragmented market. In the course of partnerships, integrations have been made with Agilysys as well as Amadeus. Guestrev clients can now take advantage of a two-way Agilysys Versa integration to get faster access PMS data. Amadeus Delphi.FDC’s integration with Grouprev eliminates the need to use multiple vendors. This allows for faster response times on RFPs.
CENDYN
Cendyn, a cloud-based hospitality technology company, helps hotels drive revenue, maximize profits, and build deeper relationships with their guests by offering integrated solutions. Cendyn, which has served hoteliers in the hospitality industry for more than 30 years, drives success for hotels with its Find, Book, Grow promises: find the right customers, encourage them to book directly, and increase revenue and loyalty across all digital guest interactions.
Cendyn serves over 35,000 hotel customers in more 150 countries, generating annual revenue of more than 20 billion dollars. The company provides support to its expanding customer base in locations around the world, including the United States of America, France, United Kingdom, Singapore Bangkok and India. Visit the website to learn more. cendyn.com
