Exciting Insights into Practice of Rateboard

On 10th of June, RateBoard had the great opportunity to hold a presentation in front of over 100 students and professors at Les Roches Marbella University.

This presentation was organized by Professor Julia Krebs. Sales-employee Johanna Holzknecht told the students more about revenue management as well as RateBoard as a company. RateBoard is a revolutionized system for rate suggestions. It atomizes and integrates time-consuming processes like forecasting, pricing and rate maintenance of hotels, simplified. The software is based on an algorithm which was developed by the data science team of RateBoard. The following data is taken into consideration: historical and actual booking situation, competitors, market demand, guest reviews, events and holidays.

Les Roches is one of the world's leading universities with a focus on hospitality. The University of Marbella in Spain is one of three locations together with the University of Crans-Montana in Switzerland and Jin Jiang in China. Les Roches stands for a commitment of Swiss-style, hands-on learning and small class sizes to offer the students a unique and customized learning experience. At the university students are able to participate in undergraduate as well as graduate programs. A mixture of innovation, entrepreneurship as well as academic rigor prepares the students for their career.