The days of continually setting rates manually are over. Both costly and time consuming, setting rates by hand is not only outdated, but prone to human error. Imagine the savings you can create by eliminating all those people hours changing rates up and down across myriad channels. Plus, automatic rate setting helps to ensure you’re getting the most effective rate out to the market.

Automatic rate management allows hoteliers to manage rates at the touch of a button. To get an idea of how much more efficient you can be with this simple switch, SkyTouch has developed a value calculator tool.* Visit the SkyTouch calculator* and find out just how much money you may be spending on setting rates manually.

The calculator is so easy to use. Simply enter your average hourly cost of a hotel manager. Then type in how many people hours are spent managing rates and inventory every month. You’ll instantly see the savings.

Take this example. For a hotel spending $20 per hour on a manager, who in turn spends 40 hours a month managing rates and inventory, that’s $800 a month in potential savings. That’s nearly $10,000 people hours you can save annually in salary alone. Even if you don’t eliminate hours from your payroll, those people hours could be put to other uses. Perhaps you’ll use them to improve customer relations that can increase loyalty, or to help find new business. It’s like having an extra sales person for three months of the year!

At the Stanton Inn and Suites in Stanton, CA, general manager Darren Yang says it also helps his hotel By allowing SkyTouch to set rates for his hotel, Mr. Yang can get rates that are more effectively pegged to actual market demand.

“I don’t need to change the rates manually anymore, I just need to click one button, raise that rate or decrease that rate. I don’t need a lot of technical support to do it. SkyTouch Rate Management is awesome and really fast for increasing revenue,” says Yang.**

We encourage you to explore the complimentary calculator that can demonstrate  how much you can  save by changing from manual to automatic rate setting. Take a few moments and discover how much time and money you can save with a simple click of a button.* Free up staff from time consuming manual rate setting today. Try it now by clicking here.

 

*These calculators are for illustrative purposes only and are designed to be informational and educational tools only, and do not constitute financial or legal advice. The default figures shown are hypothetical only and may not be applicable to your individual situation. The calculations and results are based on a range of stated assumptions, as well as the figures you input, and are intended as hypothetical estimates only.  Your individual results will vary. Do not rely on these calculators when you’re making decisions about financial or legal matters. Instead, we strongly recommend that you seek the advice of a financial services or legal professional. Choice Hotels International, Inc. and SkyTouch Technology, and their affiliates, expressly disclaim all liability and responsibility to any person who relies, or partially relies, on anything done or omitted to be done by these calculators, as well as any decisions or actions taken in reliance upon or as a result of the information provided by these tools.
**Past performance is not an indicator of future results.  Individual results may vary.