Source: Hotelogix

Singapore - Hotelogix, a globally leading cloud-based hospitality technology provider, announced the two-way integration of its Hotel Property Management System (Hotel PMS) with Lybra's Assistant Revenue Management System (RMS). This strategic integration aims to revolutionize revenue management in the hospitality industry, offering hotels efficient and effective tools to boost their revenues.

Owned by Zucchetti Hospitality, an Italy-based hospitality technology firm, Lybra offers Assistant, a machine learning-powered demand-centric revenue management system (RMS). The RMS allows hoteliers to optimize their pricing strategy while monitoring their properties' pick-up trends and competition rates. It supports independent hotels and hotel groups seeking a stable and comprehensive solution. Currently, it serves 1200+ hotels in 20+ countries.

Speaking on this, Aditya Sanghi, CEO of Hotelogix, said, In today's highly competitive market, hoteliers need to upgrade their revenue management capabilities as real-time forecasting is key. This integration with Lybra will enable hoteliers to competitively price their rooms to drive sales and revenue.

As per the integration, Hotelogix PMS will push various data points in real-time including occupancy and reservation details to Lybra's Assistant RMS. Leveraging a predictive algorithm, Lybra will automatically suggest rates based on occupancy, local events, demand, competition rates, etc.

Fulvio Giannetti,CEO of Lybra, said, The alignment of our business models is truly exceptional. Thanks to this integration with Hotelogix, Lybra will be able to support a massive database of global hotel brands to optimize their pricing strategy.

About Hotelogix

Hotelogix is a globally leading cloud-based hospitality technology solutions provider of industry-first Multi-property Management System, Hotel PMS and Mobile PMS App for independent and hotel groups. We have the remarkable feat of implementing the most extensive multi-property deployment of 50000+ rooms across 500+ properties under a single group. Through our distribution brand AxisRooms, we also offer Channel Manager, Revenue Management solutions, and Rate Shopper. We have earned the trust of 12000+ hotels in 100+ countries, including South Asia, Southeast Asia, the Middle East, LATAM, Europe and North America. We have been instrumental in driving their growth while helping them sell more rooms at the optimum rate and serving guests better.

Hotelogix is headquartered in Singapore and has offices in the USA, India, UAE, Thailand, andthe Philippines.

For more information, visit: https://www.hotelogix.com/.

Debi Prasad Sarangi
Corporate Communications Specialist - Hotelogix
+91 804 093 6513 Extn: 1006

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