Optimizing food & beverage operations and profitability demands a flexible, enterprise-class point-of-sale system. Is yours up to the task?
GoFrom an individual location to an enterprise chain, get the most modern, mobile solution for managing your hospitality business
GoDesigned to optimize foodservice and retail inventory and procurement operations for hotels, resorts, universities, restaurants and others.
GoHospitality businesses are global, 24/7 operations with complex technology demands. You don’t have to go it alone.
GoWhether you operate a single boutique location or a large hotel chain, there’s an Agilysys hotel solution for you.
GoWhether you operate a single boutique location or a large complex resort, your property is a unique operation that requires robust solutions supported by an experienced technology partner
GoYou’re more than a gaming operation. You’re a full-service casino resort property and success isn’t about playing the odds, it’s about making the most of every revenue opportunity.
GoA leader in casino hospitality management solutions who respects the sovereignty of your nation.
GoSmooth seas ahead: technology solutions from Agilysys, a leader in cruise management systems.
GoIdentify emerging dining trends while aligning coverage with demand and capturing more revenue.
GoDelight patients & visitors, retain staff and grow margins with a suite of hospitality solutions for healthcare environments.
GoEnd-to-end foodservice management software solutions for optimum productivity and profitability.
GoOptimizing dozens of food & beverage outlets throughout your facility demands world-class POS performance combined with real-time operating insights.
GoAccess our library and read about the latest in emerging technology and other hospitality trends. Find tips and insights on accelerating business growth and improving guest satisfaction.
GoLearn why so many businesses, small and large, partner with Agilysys for their hospitality technology needs.
GoWatch and learn what Agilysys customers have to say about their experiences with our solutions.
GoAn in-depth collection of product information and datasheets. Read about the latest in hospitality technology features designed to solve the challenges faced by hospitality professionals around the globe.
GoHear from industry professionals about the latest advancements, including tips and tricks, in hospitality and emerging technologies. Check out the library of demo videos and webinar recordings.
GoWatch and learn about the latest in successful technology trends and hear from hospitality professionals in this selection of interactive videos.
GoImportant research and studies from across the hospitality industry. Find out what thought leaders are saying.
GoAgilysys has a broad collection of partners and APIs to help you assemble the perfect solution for you.
GoDiscover how Agilysys customers like you are using our solutions to improve their business and guest experience.
GoWith the Agilysys commitment to 100% Hospitality solutions, we take industry events and conferences seriously. Please see where you can find Agilysys to learn more.
GoSee what Microsoft products and versions are currently support by Agilysys.
GoMay 25, 2017
Today we decided to look at the history and evolution of pricing in hotels and distribution. It used to be that hotels and resorts were rolling the dice in their efforts to meet guest room demand. Revenue management years ago only focused on one area: guest room revenue. When it was introduced to the hospitality industry, it was designed to fill rooms as quickly as possible. It had no real view to the long-term effects of these decisions. The role of a revenue strategist has evolved greatly over the last 30 years, and today it’s the priority of an entire team; a central part of operations that drive many decisions in cross-functional departments.
Revenue management, as we know it today, is more than just room revenue. It encompasses the full spend of the guest in all revenue centers including guest rooms, dining, retail and gaming spend. Knowing the potential demand for a given sales period is determined by many factors including historical trends, current events and the current pace of bookings, to name a few. The many tools used by leading revenue management companies can now assist hotels in all manner of ways. A leading revenue management technology can help put in place a range of strategies to help hotels deals with third-party booking sites, sales and marketing strategies and even assist in providing different levels of ongoing staff support.
Although business challenges continue to evolve, they still center on the need to increase profits, productivity and responsiveness to market changes while also improving the guest experience.
As guests are looking to their hotels and resorts to offer more services, the traditional PMS is becoming increasingly limited. It’s focused on only the details associated with the guest’s hotel stay - and that’s about where it stops. For years, this was all that was needed. But what about guests who don’t charge to their room, don’t partake of amenities and don’t dine on property? There’s a lot of missing detail, essential data that a traditional PMS simply doesn’t capture.
Hotels and resorts are switching to a real-time, data-driven Revenue Strategy - thanks to new cloud-based technology solutions. Properties with this ability can yield by market segment, distribution channel and room type. Moving away from "one size fits all" discounts off a fixed BAR (Best Available Rate) and instead generating personalized guest offers to reward loyal members or to spur direct bookings. This enables hotels to capture incremental revenue by adjusting rates when warranted. With this set of strategic data, businesses can offer personalized services to guests that result in the highest yield possible.