Boost revenue on high demand days, and be smart on low demand days.
Track the availability and prices of your competition in real time!
Automate your pricing
You simply define WHEN-THEN scenarios with which you define price corrections (decrease or increase) using numerous parameters. Adjustments can be fixed or proportional to the desired goal. The goals can be analyzed occupancy, analyzed demand, speed of arrival of new reservations and competitors prices for a particular day.
In the background, we take care to set your desired goals mathematically in advanced analytical formulas with which we update prices.
Works 24 hours - saves a minimum of 30 minutes a day
Automation can not only generate more revenue, higher occupancy, but can also achieve savings in manual activities (human resources). Well-set automated pricing conditions significantly shorten periodic manual price updates (daily?).
Periods covered by automatic price correction are updated once a day (during night), and certain triggers react immediately when conditions are met throughout the day (e.g. cancellation of last available room).
Observe the competition
You can define up to 5 competing properties that will be monitored throughout the period when dynamic price analysis is performed (eg next 90 days, specific period June 1st - August 31st ...).
Watch their prices depending on the number of people, follow their availability, calculate the average price...
But in addition to "observing", you can automate that your price is adjusted depending on the average price of the competition, the highest or the lowest. Even if all competitors are unavailable (probably fully booked), this is sometimes a sign for a price correction...
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All-in-one Cloud solutions for hospitality and rentals