Ichigo and ALMEX Inc., have agreed to integrate Ichigo's PROPERA AI-based hotel revenue management system and ALMEX's Wincal hospitality property management system. Under the agreement, PROPERA will use Wincal's room availability and revenue data to compute optimal hotel room pricing for hotel operators. PROPERA is a hotel revenue management system developed by Ichigo that uses artificial intelligence (AI) to drive a dynamic-pricing algorithm that calculates optimal pricing for hotel rooms in order to maximize hotel operator revenues. PROPERA's AI-based dynamic pricing can respond to changes in the market by using machine learning to analyze past data and calculate optimal hotel room pricing up to 365 days in advance. At its own hotels, Ichigo has developed revenue management know-how that has increased annual revenues by 10% to 40%. This accumulated expertise forms the basis of PROPERA, which has been deployed at hotels owned by Ichigo and Ichigo Hotel (3463). Ichigo is now rolling out the system to third-party hotel operators. The agreement between Ichigo and ALMEX will give hotel operators the ability to use PROPERA to analyze Wincal's room availability and revenue data in order to calculate optimal hotel room pricing.