Revenue Manager

Revenue Manager is an intelligent application developed by CodeGen that aims to enhance the revenue management process for travel and tourism companies. According to the vendor, this comprehensive tool supports complex analysis of present and past revenue data, leverages competitor insights, and employs advanced statistical and Deep Learning models to predict yield strategies. Designed to optimize pricing and growth strategies in real-time, Revenue Manager is intended for businesses of all sizes within the travel and tourism industry, including tour operators, cruise lines, parks and attractions, and airlines.

Key Features

Price Automation: According to the vendor, Revenue Manager suggests price adjustments based on sales trends, sales velocity, search trends, and competitor pricing. It aims to predict the ideal pricing strategy and pricing policies to employ for business excellence.

Markup Automation: Revenue Manager aims to identify the best markup values for each product by analyzing market and competitor demand. It allows for visualization of markup variation at a component level to aid in decision making and planning.

Demand Prediction: According to the vendor, Revenue Manager utilizes advanced statistical and Deep Learning models to accurately forecast demand. It aims to provide reliable information for business decision-makers.

Revenue Growth: Revenue Manager aims to identify the ideal price-mix that will generate optimum revenue for a specific period of time. It aims to monitor forecasts and trend diagrams provided in the intelligent platform to optimize revenue growth.

Price Simulation: Revenue Manager aims to facilitate the simulation of demand variation patterns with a range of price affecting factors. It allows for quick changes to real-time sales prices using the simulation visualizer to understand the impact of price changes on demand and revenue.

Competitor Analysis: According to the vendor, Revenue Manager aggregates and analyzes competitor pricing data in a meaningful manner. It provides visual analysis of competitor price patterns and trends to aid in understanding competitor pricing strategies and making informed pricing decisions.

Promotion Insights: Revenue Manager aims to analyze and segment customers and transaction data to predict and forecast profitable promotions in real-time. It aims to provide intelligent insights for launching the right promotion at the right time to the right customer base, maximizing the effectiveness of promotional campaigns.

Record Events: According to the vendor, Revenue Manager acts as a platform to record special events that affect the micro and macro environment. It aims to identify the significant effects these events can have on a business and alerts businesses in real-time to mitigate adverse effects in the long run.