Revenue Analytics Announces Partnership with Cove Communities
ATLANTA, GA, January 19, 2023 — Revenue Analytics today announced a new partnership with Cove Communities. This partnership will extend the reach of N2Pricing™ RMS further into the Hospitality industry and enable Cove Communities to leverage the newest and best Revenue Management System available on the market.
As a growing company with a variety of properties, accommodations, and an evolving customer base, Cove recognized the need for an intuitive revenue management solution. Cove’s end users were looking for an easy-to-use RMS tool that relies on real-time data and pricing trends that could dynamically and automatically make the rate recommendation changes to the source reservation system. ”After reviewing a number of revenue management platforms, we found N2Pricing’s model to be the best solution to meet our business needs,” said Thomas Brandt, Chief Information Officer at Cove Communities.
Brandt added, “Cove relied heavily on data extracts from the enterprise reservation system, which ultimately ended up in various spreadsheet models that were constantly being emailed around the company. Often by the time a rate change decision was made, the guest demand that merited the rate adjustment in the first place had passed, and the window of opportunity missed altogether. “
“Cove Communities is a forward-thinking partner with a diverse assortment of resorts, RVs, marina slips, vacation rentals, and traditional lodging accommodations, and we are proud to have them as a customer,” says James Harris, VP of Business Development at Revenue Analytics. “N2Pricing provides them the flexibility and support they need to accommodate their entire portfolio, with unique forecast modules for each property and a seamless multi-property management workflow.”
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About Revenue Analytics
Revenue Analytics invented yield management in 1984. Today, they’re the brains behind N2Pricing™ - the first modern RMS. N2 simplifies and automates revenue management, giving revenue managers 50 hours back each month for high-impact work, so hoteliers can stop losing profit and start tapping their people’s full potential. Learn more and schedule your demo at www.revenueanalytics.com/hospitality/n2pricing.
About Cove Communities
Cove Communities, a real estate investment trust (REIT) founded in 2017, currently owns and operates 55 manufactured home communities and RV resorts with over 20,000 developed sites in the United States, Canada, and United Kingdom. Cove’s Chairman Dave Napp and CEO Colleen Edwards have 26-year track records of fair and professional dealings with sellers and reputations as buyers of choice in the MH and RV industry. Napp and Edwards previously founded both Encore Communities and Carefree Communities, purchasing over 185 communities with over 55,000 sites during their ownership, establishing themselves among the most active owner/operators in the business.