Hotel rates compare system
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Transcript of Hotel rates compare system
Increasing profits by comparing competitors’ ratesand occupancy
Screenshots
Dashboard showing competitors’ high and lowrates for 60 days period + Booking.com score
Minimum rates and occupancy for 6 selected competitors
Minimum and maximum rates for period
Rates changes in the last week
Why rates and occupancy comparison system is a
necessity for every hotel?
The Internet has made the world transparent for both customers
and competitors
Price is a key component in customers’ buying decisions
$
Dynamic rates management is essential in maximizing profits
Self gathering information is an expensive time consumer and is
never consistent and comprehensive
“Information is power” if you do not use it, your competitors surely
do
• Having a “Watch dog” over your
market
• Maintaining competitive edge
• Immediate response to rates issues
• Identifying market opportunities
Increasing profits
by:
25
$
Monthly subscription fee