Lybra Assistant
Rethinking Revenue
Lybra Assistant is the next generation of Revenue Management Systems, redefining how hotels grow. Think old: manual processes and guesswork. Think new: accurate insights, automated operations, and smarter marketing strategies. Save time and unlock your hotel’s true revenue potential with Lybra Assistant.
Lybra Assistant RMS: Revenue management reimagined with predictive algorithms.
Lybra Assistant RMS simplifies revenue management by optimizing your pricing strategy and automating daily tasks. Track real-time pick-up trends, monitor competitor rates, and get smart price recommendations for the next 365 days—all automatically updated across your distribution channels.
Key Features of Lybra Assistant RMS:
Dynamic Pricing and Customisable Autopilot
Every day, the RMS suggests the best rate for each room, for up to 365 days ahead, and the Autopilot updates it automatically on your behalf.
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Dynamic pricing is a pricing strategy that adjusts prices in real-time based on market conditions and demand. Revenue Management Systems (RMS) use dynamic pricing to optimize hotel room prices by analyzing data such as pick-up, demand pressure, and competitor rates. The goal is to maximize revenue by adjusting prices based on changes in demand and market conditions.
Thanks to the Autopilot, the process of updating rates on sales channels can be automated. By customizing the Autopilot, you can decide how and when to send the rates suggested by Lybra Assistant RMS algorithm.
Rate Shopper
With this module, you can keep track of competitor rates by room type, availability, and rate type.
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Flight Searches
A unique module that provides data on demand pressure by analyzing millions of searches made on flight metasearch engines
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The flight searches module is a powerful tool for revenue management that provides insights into demand pressure by analyzing millions of flight searches made on metasearch engines. It helps revenue managers stay ahead of the competition, identify trends, and adjust pricing strategy accordingly. Overall, it is a unique and valuable tool for revenue management in the hospitality industry.
Group Displacement
A function that helps revenue managers decide whether it is profitable to take on a group and at what rate, without penalizing individual bookings.
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Group displacement is a revenue management function that helps hotels decide whether to accept group bookings without negatively affecting individual bookings. By analyzing potential revenue from group bookings and comparing it to individual bookings, revenue managers can determine the optimal rate to offer groups. This ensures profitable group bookings while maintaining a fair balance between groups and individuals. Group displacement is an essential function for revenue management systems in the hospitality industry.
Calendar & Gap Analysis
The calendar is a tool designed to update rates for the next 365 days and monitor hotel pick-up trends.
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The Calendar is a crucial tool for revenue management in the hospitality industry. It enables revenue managers to update room rates for the next 365 days, monitor hotel pick-up trends, and make informed decisions about pricing and inventory management. The calendar provides an overview of room inventory, occupancy, and revenue for each day, allowing revenue managers to optimize pricing strategy, maximize revenue, and stay competitive.
Statistics & Marketing Overview
A set of statistics designed for in-depth analysis to understand hotel trends and plan effective strategies to improve performance.
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Why a Revenue Management System is a Must-Have
A Revenue Management System (RMS) is no longer optional—it’s essential for managing hotel revenue effectively. With an RMS like Lybra Assistant, you can leverage market demand to make smarter, data-driven decisions that increase revenue.
By analyzing market trends, identifying pricing opportunities, and dynamically adjusting room rates, an RMS enables hotel managers to stay ahead of the competition and maximize profitability effortlessly.
An RMS (Revenue Management System) leverages advanced algorithms to analyze diverse data sources, such as historical booking trends, current market dynamics, competitor pricing, and other key factors. This data-driven approach generates real-time recommendations for optimal room rates and inventory allocation, enabling hotel managers to respond swiftly and effectively to market changes.
With an RMS, hotels can align room prices with market demand, boosting revenue and profitability while minimizing the risks of overbooking or underbooking, which can lead to revenue loss or dissatisfied guests.
Beyond pricing and inventory, an RMS provides valuable insights into core revenue management activities like forecasting, budgeting, and reporting. By using real-time data and analytics, hotel managers can make informed decisions that maximize revenue, streamline operations, and enhance overall efficiency.