Ocra
Software DevelopmentIllinois, United States51-200 Employees
Ocra is a mid-sized software development firm based in Chicago, Illinois. It offers an AI-powered Revenue Management System and Global Distribution System designed specifically for hotel parking assets. The platform helps hotels monetize underutilized parking inventory by connecting with parking-oriented booking platforms to attract non-guest customers near airports, venues, and other hotspots. Supported by a team of parking revenue management experts, Ocra aims to grow hotels' net operating income without adding labor or disrupting day-to-day operations. Its client base includes more than twenty hotel groups, such as MCR, Starwood Capital Group, Aimbridge, Stonebridge, Highwood Properties, Concord Hospitality, and OTH Hotels & Resorts. The company operates in the software development space with a focused niche in parking revenue optimization, addressing the challenge of optimizing yield from parking assets for hotels.