Application of a variable pricing strategy based on rate shopper data

Rate shopper and day-to-day business decisions A rate shopper is a tool that automatically checks the prices of selected hotels for a given date. The user can choose which source they would like to have their prices taken from, and select the date span and number of hotels to check. This gives a detailed overview of the market and rates state at the given moment. In every market, competitive price information is critical for making day-to-day business decisions – a small, barely noticeable price increase can generate significant revenue benefits…