HITrental increases revenue with Advanced Revenue Management from Beyond
HITrental offers comfortable and unique business and vacation apartments for rent in different cities in Switzerland, especially in Cham, Lucerne, Zug, and Zurich.
Their modern apartments include top furniture and services at an excellent price/performance ratio to guarantee guests a unique experience in Switzerland. Like the famous Swiss watches, HITrental business and vacation rentals are holding standards of Swiss quality, representing values like reliability, cleanliness, and tidiness.
Daniel Prediger, HITrental COO, joined our Customer Advisory Board meeting in Barcelona in March 2024, where we interviewed him about his experience with Beyond.
" Since implementing Beyond our RevPAR improved a lot. We also changed our approach towards Minimum Stays. Everything got a little bit smoother. A lot of day-to-day work is covered by your tool. We have less work and better results." Daniel Prediger, COO at HITrental
The Challenge
Previously, while working with PriceLabs, the HITrental outcomes did not align with their desired achievements, leading them to transition to Beyond.
The integration of Beyond with Avantio, the HITrental Property Management System (PMS), was facilitated smoothly and efficiently by the Beyond team. Additionally, the onboarding process was executed successfully, ensuring a seamless transition.
The Solution
Daniel Prediger emphasizes the importance of Beyond as a revenue management system for several key reasons. Its Insights data allows businesses to better understand market trends, customer behavior, and pricing dynamics, leading to more informed and profitable decisions. Beyond also helps increase RevPAN (revenue per available night) by optimizing pricing and availability to maximize overall profitability. Additionally, its advanced approach to minimum stay conditions introduces automation that dynamically adapts booking rules based on market demand and trends. This is particularly valuable during peak seasons or special events, enabling property managers to capture higher profits by adjusting minimum stay requirements to match demand.
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