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Infor Upgrades Revenue Management Software for Hoteliers
Chelsea-based Infor on Monday announced significant updates to Infor EzRMS, a revenue management application built specifically for the hospitality industry.
Part of the Infor Hospitality suite of cloud-based solutions, Infor EzRMS is designed to help hoteliers better optimize revenue by automatically calculating demand forecasts and recommending appropriate selling strategies based on data such as day-of-week patterns, booking lead-time and the number of guests per room.
“The hospitality industry is in the middle of significant change,” said Jason Floyd, Infor Hospitality general manager. “Historical data and trends that were once relied upon to predict the future are no longer helpful as we continue to experience daily and drastic fluctuations.
“Even though times have changed, many of our competitors are still providing the same solutions, but this isn’t the same industry,” Floyd continued. “Our customers need to be able to get more from the data they are collecting—and fast.”
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