Project Aim: Forecast consumer behaviour while recommending optimal rates by room type, market segment and length of stay to maximize profitability
What is Beonprice?
BEONPRICE is a disruptive big data technology company specialized in hospitality revenue management solutions. BEONPRICE is the first RMS (revenue management system) based on Big Data technology which includes quality indicators and guest intelligence as key criteria to forecast consumer behaviour while recommending optimal rates by room type, market segment and length of stay to maximize profitability.
When and where was founded?
Founded in 2013, with offices in Miami, Mexico City, Bogotá, Madrid and Salamanca (HQ).
We serve 1,500 properties across 26 countries with a 95% renewal rate.
Which are the requirements?
There are 3 hotel profiles according to Revenue Management requirements:
For PRO profiled hotels, the PRO service level shows the Revenue Manager important information to make the best decision.
For Advanced profiled hotels, the ADVANCED service level suggests the optimal price so that the Revenue Manager may publish it to the channels.
For Excellence profiled hotels, the PREMIUM service level suggests the optimal price and regenerates itself 24/7, publishing the rates to the channels.
“We are very proud of representing Spain in Startup European Awards in the ICT Category. Startup European Awards is delivering an industry led initiative to help and develop Startup Europe Map” Ruben Sánchez, CEO BEONPRICE.
Founder Institute, IBM SmartCamp, Emprendedor Siglo XXI La Caixa, Mejor empresa joven de Castilla y León, WELCOME EU Project, Spain Tech Center, Premio a la Mejor Iniciativa Digital.