Dynamic Pricing Management System for Rental Occupancy
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Solution Overview
Problem
Conventional on-demand rental systems struggle to achieve business goals such as sales and occupancy rates, as basic information like availability and usage fees for conference rooms are not dynamically adjusted based on reservation data.
Innovation Solution
A management system that includes a management server, an administrator input unit, and a user input unit, featuring a reservation manager, annunciator, user group setter, business goal setter, and determiner, allowing administrators to set user groups and adjust usage fees dynamically to achieve business objectives based on reservation information.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If basic information (availability, usage fees) is set for each empty conference room regardless of rental status, then the system is simple to operate, but business goals (sales and occupancy rate) cannot be achieved
Solution Approach 1:
The patent implements dynamic pricing and availability display by automatically adjusting basic information based on real-time rental status and business goals. The system changes usage fees and availability information dynamically rather than using static predetermined values, allowing the conference room management system to adapt to varying demand conditions and achieve business targets.
Solution Approach 2:
The system continuously monitors rental status and occupancy rates, then feeds this information back to automatically adjust pricing and availability displays. This feedback loop enables the system to respond to actual rental patterns and business goal achievement levels, optimizing occupancy rates through data-driven decisions.
2Productivity
If basic information is reset for each empty conference room based on reservation information, then business goals can be achieved, but the operation becomes complex and time-consuming
Solution Approach 1:
The system performs automatic adjustment of basic information without requiring manual intervention from operators. The conference room management system independently monitors rental status, calculates optimal pricing, and updates availability information automatically, eliminating the need for manual resetting of basic information while maintaining high occupancy rates.
Solution Approach 2:
The system pre-calculates and prepares pricing adjustments and availability information updates based on forecasted rental patterns and business goals. By performing preliminary actions before rental periods begin, the system avoids last-minute manual adjustments and ensures optimal pricing is already in place to achieve occupancy targets.
3Productivity
If usage fee is fixed for all users, then the system is simple to manage, but sales targets cannot be achieved during low-demand periods
Solution Approach 1:
The patent implements variable pricing by changing the usage fee parameter based on demand conditions, user groups, and business goals. The system adjusts pricing parameters dynamically - offering lower fees during low-demand periods to stimulate bookings and higher fees during high-demand periods to maximize revenue, thereby achieving sales targets across varying market conditions.
Solution Approach 2:
The system applies different pricing strategies to different user groups and time periods rather than using a uniform fee structure. By tailoring pricing quality locally to specific contexts (e.g., discounted rates for certain user categories during off-peak times), the system optimizes sales while maintaining management simplicity through automated differentiation.
Data Source
AI summary
A management system for the on-demand rental facility includes a management server for managing the on-demand rental facility, an administrator side terminal device, and a user side terminal device. The management server includes: a management side reservation manager that sets management side reservation information on a user and use date and time of the on-demand rental facility by receiving reservation of the on-demand rental facility via the user side terminal device; a reservation information annunciator that announces the management side reservation information to an administrator of the on-demand rental facility; and a user group setter that causes the administrator of the on-demand rental facility to set, via the administrator side terminal device, a group of users who are persons eligible for the reservation of the on-demand rental facility.