MyForecast RMS Discount - Up to 30% off
MyForecast supports you in the decision-making process by providing you with the info you need to develop the correct pricing strategy
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Pricing Optimization SoftwareWhat is MyForecast RMS?
MyForecast RMS is a revenue management software designed for the hospitality industry, assisting hotels in optimizing room rates and sales strategies to boost revenue. Key features include an activity dashboard for monitoring operations, billing rate management, competitive analysis, competitor price tracking, customizable reports, dynamic pricing, forecasting, market data analysis, multi-channel management, price optimization, and revenue management. These tools enable hotels to analyze market trends, adjust pricing in real-time, and manage multiple sales channels effectively.
- Cloud-based, accessible anywhere, web interface
- Intuitive, easy-to-use for non-experts
- Real-time PMS integration and data upload
- Detailed KPIs, reporting, historical and future
- Flexible pricing per room and segment
- Exceptional customer support and continuous updates
Eligibility
Number of Seats/Users: MyForecast RMS offers discounts based on the number of users or seats. A higher volume typically leads to a better discount structure, especially for enterprise-level usage.
Commitment to a Long-Term Contract: Discounts are often provided to companies that commit to using the service for a longer period (e.g., 1-year or 3-year contracts). A longer commitment shows MyForecast RMS that the company is serious and willing to invest in the platform long-term.
No Active Discounts: Companies that are not already receiving other active discounts may have a better chance of qualifying for additional discounts from MyForecast RMS. MyForecast RMS reserves discounts for new customers or those not currently under promotional pricing.
Volume or Usage Commitment: MyForecast RMS offers discounts if you agree to a minimum amount of usage or transaction volume. This could be based on data storage, transactions, or other metrics tied to how much you will use the platform.
Enterprise-Level Negotiation: Companies that qualify as “enterprise” due to their size or complexity (e.g., having large teams, multiple departments, or geographical presence) may be eligible for additional discounts from MyForecast RMS. Such companies are often in a position to negotiate for better pricing.
Early Renewal or Prepayment: MyForecast RMS often offers discounts if you renew early or prepay for the entire contract period. This is a common approach to securing a lower price.
MyForecast RMS - Up to 30% off
Reviews
Here at Spendbase our internal data shows that MyForecast RMS is perceived as a high‑value, high‑impact revenue tool, especially for hotels that are serious about structured pricing strategies.
Overall sentiment
– Average rating trends very close to 5/5, with only a few 4/5 scores.
– Spendbase clients consistently mention measurable revenue uplift over multiple years once MyForecast is fully adopted.
What Spendbase clients like most
– Revenue impact & accuracy
– Strong forecasting and Pick Up functions that reduce pricing mistakes.
– Clear visibility of KPIs (occupancy, ADR, RevPAR, etc.) and year‑on‑year comparisons.
– Ease of use (after short learning curve)
– Interface is described as intuitive for day‑to‑day use.
– Fast rate changes, including:
– Per room type / category
– Multi‑property management
– Cloud access & integrations
– Web-based, usable from anywhere.
– Daily or real-time data uploads from PMS and smooth channel manager connections.
– Decision support
– Ability to analyze:
– By source
– By room type
– By market segment and revenue
– Helper tools that support strategic rate decisions.
– Support & vendor relationship
– Customer support is repeatedly called fast, friendly, and proactive.
– Product is seen as evolving, with client suggestions often entering the roadmap.
Key friction points and gaps
Our data also highlights a few issues to factor into negotiations and rollout planning:
- Performance & setup
- Occasional server slowdowns impacting rate changes or CSV imports.
- Initial configuration can be time‑consuming, especially when manual uploads are needed.
- Feature limitations
- Demand for:
- Auto-suggested rate increases/decreases
- Group pricing management
- More flexible Helper tools
- Richer notes per date and better visibility for local events across all views
- Usability for non-experts
- While powerful, some hotel managers find the tool complex at first and need training to read the data correctly.
How we translate this into Spendbase guidance
– MyForecast RMS is best suited for teams ready to use data seriously; the payoff is high once adopted.
– In discount or renewal talks, it’s worth pushing for:
– Commitments on performance stability
– Inclusion of automation features (rate suggestions, group rates)
– Onboarding and training bundles to shorten the learning curve.
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FAQ
1. What types of discounts does MyForecast RMS offer?
MyForecast RMS provides various discounts, including percentage, amount, BOGO, total override, and more, to suit different promotional needs.
2. Can I set up member-exclusive discounts in MyForecast RMS?
Yes, you can configure discounts exclusively for active members of your property's membership group.
3. Is it possible to apply discounts to specific rate types?
Absolutely, you can assign discounts to particular rate types, allowing targeted promotional strategies.
4. How do I limit discounts to certain booking channels?
You can configure discounts to be available only through selected channels, such as your RMS Booking Engine.
5. Can I set date restrictions for discounts?
Yes, you can apply validation dates to restrict discounts during specific periods, like peak seasons.
6. Does MyForecast RMS support automatic data integration?
Yes, MyForecast RMS integrates with over 50 PMS and Channel Managers for seamless data synchronization.
7. Is MyForecast RMS suitable for hotels of all sizes?
Yes, MyForecast RMS is designed to cater to the needs of hotels of various sizes, offering scalable solutions.
8. What kind of support and training is available for MyForecast RMS?
We offer personalized online training with our Revenue Managers and provide access to the latest news and updates.
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