Approach to Revenue & Labor Management
Management System that uses artificial intelligence technology
SAN FRANCISCO, August, 29, 2006 -After consecutive successes with its highly accurate F&B Forecaster at major hotels such as the 966-room Hyatt Regency Jacksonville and the 338-room Pan Pacific Hotel San Francisco, Carnus Systems launched its latest product, the automated Revenue & Labor Management System (Auto-RLM). The Auto-RLM is based on the same patent pending artificial intelligence (AI) platform that resulted from 3 years of Research and Development and formed the foundation of the successful F&B forecaster. Carnus’s new Auto-RLM offers the following unique features:
Carnus F&B and Rooms forecasting technology has continuously demonstrated accuracies that exceed human guesswork by a sizeable 15 – 25%, and often much more. “Carnus Systems is the first and only company to offer this non-linear technology to the hotel industry. We found that most Revenue Management Systems (RMS) are prohibitively expensive for many hotels, making it difficult to achieve satisfactory returns on investment. Additionally, these RMS do not offer any features to calculate labor schedules, one of the industry’s largest ongoing costs. Considering this need, we chose to build on our successful AI platform and create an affordable solution that addresses revenue management and labor scheduling needs into one easy-to-use product. The result is our Carnus Automated Revenue & Labor Management System (Auto-RLM) which consists of an automated revenue forecasting, yield management, and labor scheduling tool that is as easy to use as uploading a few daily report files and clicking a mouse” says Vicky Lee, CEO of Carnus Systems.
Although the technology behind the Carnus product is highly-advanced, the end-user features are kept simple and straightforward, helping to keep the product affordable. In addition, no physical interface is required between a hotel’s PMS system and the Carnus line of products, saving significant costs. Instead of the costly interface, a manager only needs to upload their existing daily reports to the web-based Carnus Auto-RLM which then utilizes its artificial intelligence software to produce immediate, automatic, and highly-accurate forecasting, pricing, and labor scheduling results. No software or hardware purchase is required for a hotel to begin using the Carnus Auto-RLM, which differentiates it from alternative technology solutions available in the hotel industry today. As long as the user has access to the internet, they can use all the features of the Carnus product. Additionally, this web-based feature means that a manager or owner can access their hotel’s specific pricing, forecasting, or staffing information from anywhere in the world where there is an internet connection.
Together, the feature-packed, yet easy-to-use automation to yield accurate results makes the Carnus Auto-RLM a significant milestone in hospitality technologies.
Carnus Systems can be viewed on the web at: http://www.carnussystems.com.
East Coast Regional Office
|Also See:||Accurate Forecasts Achieved Using Carnus Systems Automated Software at 966-Room Hyatt Hotel / June 2006|
|Carnus Systems Lays Roadmap for the Future of the Hospitality Industry / March 2006|
|Carnus Systems Releases Hospitality Forecasting Software / January 2006|