A revolutionary rate recommendation tool that makes price-setting an easy task.
Hotels struggle daily to offer their rooms at the best possible rate. Setting the right price at the right time is a complicated process. When done well, analysis should include; historical data, occupancy levels of your hotel, as well as external factors such as competitor pricing and events taking place that effect the demand. Whether your property utilizes a Revenue Manager, Reservations Manager or Sales Manager to set the daily rates, the task is crucial to the health of your property and makes the role one of the most important responsibilities at the hotel.
How does it work?
External and internal data is gathered into the sophisticated and proprietary PriceYourRoom algorithm — it then recommends the optimal daily price your hotel should offer. Not only will PriceYourRoom recommend a rate, it will actually tell you why!