Overview
What is Lybra?
Lybra Assistant RMS is a revenue management system (RMS) specifically designed for the hotel industry. According to the vendor, it aims to assist hoteliers in optimizing their room pricing and maximizing revenue by providing data-driven insights and tools for strategic decision-making. The product is...
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$180
Entry-level set up fee?
- No setup fee
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- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is Lybra?
Lybra Assistant RMS is a revenue management system (RMS) specifically designed for the hotel industry. According to the vendor, it aims to assist hoteliers in optimizing their room pricing and maximizing revenue by providing data-driven insights and tools for strategic decision-making. The product is suitable for hotels of all sizes, ranging from small boutique hotels to large hotel chains. It is widely used by hotel owners, managers, revenue managers, sales and marketing managers, and professionals in the hospitality industry.
Key Features
According to the vendor, Lybra Assistant RMS offers the following features:
Revenue Management System (RMS): The vendor states that Lybra Assistant RMS is tailored for the hotel industry and enables hoteliers to dynamically adjust room prices based on predicted demand, market conditions, and hotel-centric factors.
Enhancement of Key Performance Indicators (KPIs): According to the vendor, Lybra Assistant RMS analyzes demand patterns to ensure that room rates are optimized for maximum revenue. The vendor claims that this approach can enhance KPIs such as RevPAR (Revenue per Available Room) and ADR (Average Daily Rate).
Rate Comparisons: The vendor claims that Lybra Assistant RMS provides rate comparison tools that allow hotels to benchmark their prices against competitors, ensuring competitiveness without compromising profitability.
Demand Forecasting: According to the vendor, Lybra Assistant RMS includes demand forecasting capabilities that analyze historical data and identify emerging market trends to anticipate room demand.
Group Displacement Tool: The vendor states that the Group Displacement tool within Lybra Assistant RMS evaluates the revenue potential of group bookings compared to individual reservations.
Dynamic Pricing Engines: According to the vendor, Lybra Assistant RMS is equipped with dynamic pricing engines that enable hotels to adjust room rates in real-time, reflecting market conditions.
Integration with Property Management Systems: The vendor claims that Lybra Assistant RMS seamlessly integrates with property management systems, ensuring real-time updates on guest details and room status.
Integration with Customer Relationship Management Platforms: According to the vendor, Lybra Assistant RMS can be integrated with customer relationship management platforms, allowing for the creation of personalized guest experiences based on previous interactions.
Integration with Channel Managers: The vendor states that Lybra Assistant RMS harmonizes with channel managers to ensure consistent room rates and availability across all online booking platforms.
Lybra Features
- Supported: Competitive Analysis
- Supported: Dynamic Pricing
- Supported: For Hospitality Industry
- Supported: Forecasting
- Supported: Inventory Control
- Supported: Price Optimization
- Supported: Recommendations
- Supported: Yield Management
Lybra Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Web-Based |