Rate Wise
About Rate Wise
Rate Wise Pricing
Free ongoing training and support Once off set up fee Premium paid on a monthly basis
Starting price:
€150.00 per month
Free trial:
Available
Free version:
Not Available
Most Helpful Reviews for Rate Wise
1 - 5 of 15 Reviews
Tom
Verified reviewer
Hospitality, 11-50 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2020
Tailored to our needs
As you work with Rate Wise you can easily change your configuration to optimize the automated suggestions. It gives you a clear overview on the business and reduces the time you need to invest on making decisions based on your market.
CONSIt is a matter of time but I am not yet able to upload my rates directly into my PMS. Once this feature is ready it will reduce time and risk of errors by manually putting in the data.
Matthew
Hospitality, 2-10 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2020
Rate Wise Review
Overall it has been fantastic. If you need support then they are quick to respond. It makes a true difference in managing your rate strategy effectively the amount of information that you get from the system and reports is really detailed and really does assist in making revenue management business decisions.
PROSThe system is great, its an easy effective rate management system that really does manage your room inventory on a daily basis allowing you to make the correct revenue management decisions. Ensuring that you are maximizing on high demand days and hi-lighting key dates in future months.
CONSNot really a negative it was just a matter of getting used to the system and reports but once you start to use them daily you realise how much information is gathered in them.
Eimear
Hospitality, 51-200 employees
Used daily for less than 12 months
OVERALL RATING:
4
EASE OF USE
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed August 2020
Rate Wise Review - Tulfarris
Rate Tiering and analysis, comparing market segments. Using the data to see where there are discrepencies
PROSWhat I really liked about this software was its ability to condense information and have it all in one place. Previously the analysis it provides would have been generated on different PMS reports, but it is all there now at the click of a button. It is also useful for analysing rate changes as it again it is all on one screen instead of flipping between screens.
CONSIntegrations was simple enough with a bit of preparation, generally it is easy to use if you know how so I have not come across any cons.
Betty
Hospitality, 501-1,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2020
How Rate Wise made my life easier
We eliminate a lot of manual and time consuming work. Now that hotels are short staffed due to Corona, we get these automated reports and see clearly which action to take even 365 days out. This gives me as a team leader the confidence that we are not missing any signals of recovery or further decline and we can action accordingly.
PROSMost important is that this software connects to our PMS system so we have daily automated reporting on pick up, rates, segmentation and this 365 days out. This gives clear guidance to action on revenue management or sales. This allows us to save a lot of time on reporting so we have more time for action.
CONSInitially not all the functionality was available but since a few months now, we have full use of the system.
Ellen
Hospitality, 11-50 employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2020
Revenue tool - very userfriendly
Userfriendly - analysis is easy to be done - you can see in a minute where opportunities are to increase your rate setting or implementing restrictions. Support is really good and very quick (not a lot of providers offer this quick support).
PROSDashboard snapshots very easy to read - quick implementation - segmentation breakdown - rate suggestions - compatibility PMS system
CONSExport of reporting (files contain a lot of data, which takes a bit of time to open the report), however, this is still under development.