Pricing

Right price point is one of the critical drivers for better conversion and to optimise Revenue. At the same time, arriving at the optimum price point is the biggest challenge currently faced by the hotels. Precium is designed to look at various data points to calculate the optimum Price Point by day. Easy to use and 90% plus accuracy, Precium is the right fit for your hotel to grow Room’s Revenue, scientifically.

Forecasting & Budgeting

Forecasting, in simple words, is looking into the future, to make it brighter and better. Precium gives you the platform to budget and forecast by market segment by day, resulting in accurate action plans to achieve your targets. It is the most ideal toolkit for any Revenue & General Manager to make accurate Business decisions.

Optimisation

Precium uses an approach of using the past, current and future data, market dynamics such as demand levels, competition analysis to apply logical algorithms and machine learning to provide the optimal pricing recommendation by day. This results in creating the right balance between the occupancy and ADR to achieve optimal RevPAR.

We work with the world's leading organisations to provide
collaborative solutions to your business

Precium Versions

Choose Precium version as per your requirement

Precium 1.0

Simple, Easy to Use, Automated Hotel Room Pricing Recommendation Tool.
Simple upload of Report from your PMS, supported by complex Algorithm and Machine learning in the back end, gives us the accurate Price point by day. Pre-defined analytical reports make it easier for the Revenue Manager to make the right decision for the business.

Precium 2.0

Right Strategy and Forecasting is very important for any business to make Right decisions for your business. Precium 2.0 is designed to support General Managers and Revenue Manager to prepare Rooms Budgets by Market Segment. Accurate Forecasting by Market Segment by Day is the basis of accurate Revenue Management decision making. Precium 2.0 helps Revenue Managers to accurately forecast, resulting in Right Yield Management Decision to maximise ADR and RevPAR. Precium 2.0 makes Revenue Managers proactive and efficient. Revenue Manager’s pain points have been addressed in this version.

Precium 3.0

Watch the Space. Launching soon.

We offer Bespoke Revenue Management Services to
fit in with your requirement.

Type of Services Offered

Precium Software

  • One Time Precium setup
  • Software Training
  • Software Support
  • Precium access for key members of the Team

Precium Software
+
Revenue Management Consultancy

  • One Time Precium setup
  • Software Training
  • Software Support
  • Precium access for key members of the Team
  • Revenue Management Consultancy Experts recommendation.
  • Entire Audit of the Revenue Management Systems.

Precium Software
+
Complete Revenue Management Support Service

  • One Time Precium setup
  • Software Training
  • Software Support
  • Precium access for key members of the Team
  • Dedicated Revenue Manager with Strategy Implementation.
  • Complete Revenue Management Support.
  • Support with Budgeting & Forecasting.

One Platform for all your Revenue Management Strategies and Action Planning.
Access it anytime, anywhere. Data Security Guaranteed.

Expert Views

  1. One platform to manage the entire portfolio of Hotels.

  2. Key Stakeholders will have updated Insights of the chain.

  3. Cloud based Budgeting & Forecasting Software to deliver updated & consistent data across the chain.

  4. Sales team will have updated data on the move - Occupancy, Events Calendar & Competitor price point.

  5. Precium uses various data points such as historical data, competition pricing, market behaviour, day of the week, booking window, demand levels and many such references in the algorithm to predict the right pricing for the hotel by day.

  6. The accuracy is above 90% at all times and gets better with time and usage.

We Support over 50+ Hotels with Rooms
Inventory of 4500+ in 3 Continents

Be ahead of the Game. Be Ready Today for Tomorrow.
Let Technology support your decisions with data.