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Increasing profits by comparing competitorsrates and occupancy

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Post on 23-Jan-2018

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Increasing profits by comparing competitors’ rates

and occupancy

Screenshots

Dashboard showing competitors’ high, low

and average rates for 60 days period

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:

45AUD

Monthly subscription fee