Metro Engine: [Free Seminar] Based on the latest trends in dynamic pricing in the accommodation industry, we will introduce the optimal revenue management method for improving profits and operational efficiency!
*View in browser* *Metro Engine Co., Ltd.*
Press release: March 22, 2024
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[Free Seminar] Based on the latest trends in dynamic pricing in the accommodation industry, we will introduce the optimal revenue management method for improving profits and operational efficiency! *Metro Engine, which has knowledge of dynamic pricing, will introduce its unique revenue management system and a pricing method that can deal with labor shortages and increase sales! *
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Metro Engine Co., Ltd. (Headquarters: Shinagawa-ku, Tokyo,
Representative Director and CEO: Ryosuke Tanaka, hereinafter referred to as Metro Engine), which develops dynamic pricing systems mainly for lodging operators and promotes DX and supports customer attraction, announced in April 2024. A seminar will be held on April 4th (Thursday) and April 9th (Tuesday) to explain dynamic pricing and its trends in the lodging industry. We will also introduce the functions and implementation effects of the revenue management system for accommodation facilities while showing actual screens, and provide effective revenue management methods. *
* ▼Click here to apply*
* https://forms.gle/nG58rRuKxZpRcfYx9*
Many people have probably heard the term “dynamic pricing” more often recently. Dynamic pricing, which is widely used in various industries, is a system that changes prices flexibly and frequently based on supply and demand conditions.
One industry where the use of dynamic pricing is particularly advanced is the hotel industry.
Nowadays, the number of tourists both domestically and internationally is rapidly increasing, creating a bubble-like situation, and having a deep understanding of dynamic pricing and determining the optimal selling price will have a major impact on improving sales.
In this webinar, we will explain dynamic pricing in the lodging industry and its latest trends while tracing the history of dynamic pricing.
System for accommodation operators “Metro Engine”
We will also introduce “Revenue Management” and “Metro Engine BI,” which visualizes daily business conditions, and deliver practical dynamic pricing and operational efficiency methods from the aspects of AI and data utilization.
■Seminar overview
Title: History of dynamic pricing and trends in dynamic pricing in the accommodation industry
Date and time: Thursday, April 4, 2024 13:00-14:00
April 9, 2024 (Tuesday) 14:00-15:00
Participation fee: Free
Target audience: Accommodation facility personnel
Capacity: 100 people for each meeting (If there are more applications than the capacity, a lottery will be held)
Distribution: Zoom live streaming (instructions on how to use will be sent via email after application)
Apply: https://forms.gle/nG58rRuKxZpRcfYx9
What we will talk about ▼
・History of dynamic pricing
・Dynamic pricing in the accommodation industry
・About revenue management system
・About BI tools
Recommended for these people▼
・Businesses who are worried about individualization of revenue management work ・Businesses interested in improving operational efficiency using AI ・Business operators who want to set prices that match the market environment ・Businesses aiming to maximize RevPAR
* ■About “Metro Engine Revenue Management”*
“Metro Engine
“Revenue Management” is an AI-based revenue management system for accommodation facilities that utilizes machine learning from big data to present optimal recommended prices.
We support revenue management operations from all aspects, including information collection, demand forecasting, rate reflection, and data analysis, and can standardize rate settings, which tend to be individualized, resulting in more efficient operations.
In addition, it is possible to optimize rate control, which is directly linked to revenue, and contribute to improving overall sales.
■Plus plan
Prices are determined using rules or AI, taking into account external data and inventory. Since your company’s occupancy rate is also included in the decision, you can calculate rates that are more appropriate to your demand.
You can choose rules or AI for price calculation.
■Pro plan
It can be linked not only with site controllers but also with PMS. By taking into account various data, we are able to calculate the most suitable price. Even after implementation, the system can be customized according to the situation, and the follow-up system is also excellent.
[Overview of Metro Engine Co., Ltd.]
Metro Engine provides hotels and other lodging operators with the revenue management tool Metro Engine, which uses artificial
intelligence and machine learning from big data to set room prices, and is currently one of the leading hotel chain companies in Japan. We have a contract with and use it. Recently, the usefulness of dynamic pricing that matches supply and demand has begun to be appreciated in various fields, but Metro Engine is also developing businesses that target the rental car industry, express bus industry, etc. in addition to the hotel industry. I’m here.
Company name: Metro Engines Co., Ltd. (https://info.metroengines.jp/) Representative: Representative Director and CEO Ryosuke Tanaka Location: 9th floor, Nishigotanda 7-chome Building, 25-5 Nishigotanda 7-chome, Shinagawa-ku, Tokyo
Established: October 2016
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