RealPage Announces AI Revenue Management
REALPAGE (RP)
Last realpage earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations:
investor.realpage.com
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Source: Business Wire
Unlocks Hidden Yield in Multifamily Assets RICHARDSON, Texas--(BUSINESS WIRE)--RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, today announced the launch of AI Revenue Management, a multi-dimensional revenue optimization solution that executes across price, demand, credit and workforce to increase revenues. Early adopters in our beta program are generating 100-200 bps of incremental yield.Keith Dunkin, SVP Asset Optimization“Multidimensional optimization of revenue is the most significant breakthrough in revenue management since the introduction of YieldStar and LRO 15 years ago. Until now we’ve optimized price, however maximum asset performance requires aligning all four pillars of revenue management: Demand, Credit, Workforce and Pricing. The timing is perfect, as markets begin to soften our clients are looking for innovative capabilities to extend their run, and unlocking revenue across the four pillars is the ans
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