Dynamic Revenue Plus
Unleash your revenue multiplying power
Tap into Dynamic Revenue Plus and leverage highly personalised market data and live mobile alerts to multiply your revenue.
Stay on top of every revenue-driving opportunity, all from one winning platform
Supercharge your decision making with comprehensive market intelligence and take the guesswork out of pricing.
We’ll convert real-time data into personalised recommendations, delivered directly to you.
Execute effortlessly in response to live alerts without needing to wait until you are at the office.
Accelerating your revenue growth with everything you need to succeed, in one place.
Personalised recommendations
Converting real-time data into personalised recommendations, delivered directly to you.
Real time mobile alerts.
Stay ahead of the game with high-impact, time critical opportunities and alerts sent directly to your SiteMinder mobile app.
Access key demand-driving opportunities.
Explore the new mobile optimised Opportunity hub to easily get a view of upcoming local events and personalised recommendations.
Keep your finger on the pulse.
Get instantly notified on how you are tracking against your competitors, which local events are driving the most revenue and if your pricing is where it should be – from wherever you are.
Effortless execution
Take control when it matters the most in response to live alerts and recommendations.
Take immediate control.
No need to wait until you are at a computer or the office, act instantaneously to unexpected opportunity alerts by making changes such as bulk rate updates, applying stop sells or length of stay requirements.
Make data-driven decisions, on the go.
Maximise your property’s revenue by accessing all your personalised opportunities all in one place, allowing you to take action in a few taps on your SiteMinder mobile app.
Comprehensive market intelligence
Supercharge your revenue with comprehensive performance and market intelligence
Level up your performance.
Benchmark against more than just a select competitor set. Compare your booking and pace performance to your local market and make better strategic decisions.
Plan ahead with the right data.
Know where your guests are coming from as compared to your local region and set the right distribution strategy to maximise revenue.
Take the guesswork out of your pricing strategy.
View upcoming events and holidays within your pace reporting, allowing you to plan your pricing for periods of high and low demand.
“The notifications we receive through Dynamic Revenue Plus mean we no longer have to search for this information on the Internet; it’s provided to us. This will replace the holidays calendar that we manage manually, and save our team a lot of time. Additionally, the insights we’re using for our studies on geographical markets are amazing. They don’t exist in other systems. We can see right away which countries are returning to our hotels and if we’re ahead or behind the pace of the market. SiteMinder’s solution is very powerful in this way.”
Fready Goenawan
Revenue and Distribution Manager AU at Ovolo Hotels
Dynamic Revenue Plus Frequently Asked Questions
Executing a dynamic revenue strategy is crucial because it empowers hotels to adapt to fluctuating market demands and economic factors like public holidays, local events, and competitor rates. For example, during peak travel seasons, a dynamic revenue strategy allows hotels to increase rates to capitalise on higher demand. Conversely, during low-demand periods, hotels can offer competitive pricing or special discounts to attract more bookings, minimising unsold rooms and maintaining steady revenue. By adjusting prices based on real-time data, hotels can stay competitive, attract more guests, and boost hotel revenue.
The benefits of using Dynamic Revenue Plus for independent hotels include improved revenue management through data-driven decisions, increased profitability by optimising room rates, enhanced ability to compete with larger chains, and better market positioning. Dynamic Revenue Plus also provides unprecedented automation, reducing the time and effort needed for manual pricing adjustments. This frees up staff to focus on higher-level strategic tasks rather than getting bogged down in multiple rate adjustments. One of the early adopters of Dynamic Revenue Plus reported that it saves them a lot of time from manually managing their holidays calendar and that it’s a very powerful solution for seeing if they’re ahead or behind the pace of the market.
Dynamic Revenue Plus operates as a comprehensive revenue management solution integrated within the SiteMinder platform. One of the many critical functionalities of Dynamic Revenue Plus is the ability to send high-impact, time-sensitive alerts directly to the SiteMinder mobile app. These real-time mobile notifications alert hoteliers about significant opportunities such as upcoming events, sudden changes in demand, or competitor rate adjustments. Within the mobile app, the Opportunity Hub displays a centralised view of personalised recommendations to help hoteliers quickly identify and act on revenue-driving opportunities. Dynamic Revenue Plus also offers bulk updates and custom or predefined actions such as changing prices, adding stop-sells, and updating length-of-stay requirements that can be executed with just a few taps on the mobile app. Take a tour of Dynamic Revenue Plus now.
The cost of Dynamic Revenue Plus is based on a percentage of a hotel’s Gross Merchandise Value (GMV), a variable that depends on business conditions. This means that only a small portion of the revenue increased through Dynamic Revenue Plus will be paid. An initial promotion is offered to SiteMinder customers in Australia and New Zealand (ANZ), some of the first hoteliers in the world to access these revenue multiplying features. Contact us to discuss Dynamic Revenue Plus pricing.
ANZ-based properties can get started with Dynamic Revenue Plus through a 14-day free trial of the SiteMinder platform, where users can cancel anytime and no credit card is required. Our team will reach out to you for personalised support and onboarding to the world’s leading smart platform for hotels, trusted by over 44,500 hoteliers globally. Start your free trial today!
For accommodations outside of Australia and New Zealand, Dynamic Revenue Plus will be available by 2025. In the meantime, be one of the first properties to unleash this revenue-multiplying power and express your interest here.