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Press Releases from Beonprice (3 total)

Hoteliers take on large hotel groups with better pricing calculations

Beonprice's RMS technology optimises rates for RevPAR and occupancy while delivering digital transformation for independent and small to midsize hotel groups 24 February 2020: Beonprice (www.beonprice.com) has democratised the revenue management process, offering a cost-effective Revenue Management System which uses Artificial Intelligence to recommend rates based on over 350 metrics thanks to its unique Hotel Quality Index(TM) (HQI(TM)), seeing 11% gains* in RevPAR while helping deliver digital change to hotel strategies.

Beonprice raises €2.5m in funding round

* This Series A funding round, led by fund Adara Ventures, was also backed by fund Travel Tech, with KFund and the IBH reinforcing their existing partner investment * Spanish-based travel technology company secures Series A funding for product development, consolidation of the company in its key markets of Spain and Latin America, and European expansion Madrid, 9 January 2020: One of Europe’s most innovative solutions in the B2B hospitality travel

Beonprice redesigns hotel quality score to improve revenue strategies

11 December 2019: Challenging the adage of ‘quality over quantity’, travel technology company Beonprice (www.beonprice.com) has redesigned the hospitality industry benchmark assessment to help hoteliers better qualify rates and competitor set in their revenue management strategies. The new Hotel Quality Index™ (HQI™), developed by Beonprice, is a unique way of assessing a hotel’s reputation and market position to improve a property’s REVPAR. Combining traditional revenue management considerations with real-time information about

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