HOTEL PRICING INTELLIGENCE SOLUTIONS
A good pricing strategy can help a hotelier increase revenue. Revenue managers must have a real-time, 360-degree view of their competitive landscape and market in order to design an informed pricing strategy.
SCRAPE HOTEL PRICING DATA | BEST HOTEL PRICING INTELLIGENCE SOLUTIONS
Revenue managers have always spent a significant amount of time sourcing data and identifying critical insights that impact their market position on a daily basis. However, with increasing demand channels, last-minute travel plans, and ongoing volatility, most revenue managers are pressed for time to obtain these insights, forcing them to rely on inaccurate and incomplete analysis to make decisions.
COMPETITION AND MARKET RATES
Data is the most valuable currency for thriving hoteliers who want to maximise profits while also staying ahead of the competition. You can easily accelerate revenue for long-term growth by having access to the right data at the right time.
Crawl-Magic Hotel Business Intelligence Solutions provide a comprehensive, 360-degree view of rate, occupancy, and distribution trends based on both forward-looking and historical data, as well as data from various competitive sets in your market. Because you have the right level of data visibility, you will be confident in your revenue decisions. And you'll maintain high RevPAR because you know what the future holds.
TRACKING COMPETITION PRICES
Many of our B2B clients frequently request that we find and deliver competitor pricing information on an ongoing basis. Many sales and marketing teams seek competitive analysis in order to accurately position their products and services in order to gain the most customers while maintaining optimal margins.
- Competitor rates and your positioning in relation to them,,
- your rates across all channels,
- demand and occupancy in competing hotels,
- events and vacations in your area
SCRAPING OF PROPERTY & PRICING DATA FOR A SPECIFIC LANDING SPACE
Price scraping and matching enable eCommerce businesses to know the current selling prices of all products on their own and competitors' websites. It is also widely used by emerging and established players who provide consumers with price comparison platforms.
The provided price data is in a clean and ready-to-use format, and all you have to do is connect it to your system to match it with your own pricing. It is up to you to determine how you want to adjust your pricing in relation to your competitors'. The pricing process can be automated by creating an algorithm that takes your competitors' prices as input and adjusts your prices based on a set of rules.
COMPARE HOTEL PRICES FROM DIFFERENT SOURCES.
Insights, which is integrated into our hotel commerce platform, provides you with a new path forward, ensuring that every business decision you make is based on intelligent, real-time data. In an era of fierce competition, having accurate and clear data on hand can be the differentiator your hotel requires.
- Create an effective marketing strategy.
- Get the most affordable hotel deals.
- Create various customer personas.
Predicting when a hotel will have the lowest or highest occupancy rates is critical for an active property pricing strategy, especially during peak periods. Having comments and reviews extracted or analysed can help you keep track of how customers feel about the services and hotels provided.
RECEIVE CUSTOMER RATINGS, REVIEWS, AND COMMENTS FROM A RANGE OF HOTELS
Your first step should be to collect as much feedback from your guests as possible. This is frequently dependent on finding the right time to ask. Many hotels, by default, only ask for reviews at the end of a guest's stay, which can be too late for a variety of reasons. If a visitor has a problem, you want to solve it as soon as possible. Here are a few examples of when feedback requests should be made during a guest's stay:
- During breakfast,
- log in to Wi-Fi.
- Key locations around the property
To avoid throttling and bans, our hotel pricing intelligence services have enabled us to develop a stringent data quality policy.
ADD A HOTEL SCRAPING API FOR REAL-TIME PRICE SCRAPING
Take advantage of the available data to expand your business. By collecting travel information, airline or rental data, location statistics, hotel prices, and tour packages, flight prices, and more, hotel chains, aggregator sites, car rental, lodging, or travel companies can predict market trends, develop optimal pricing strategies, launch new services, and automate marketing tasks.
- To boost your hotel's online visibility and ranking
- Understand your position.
- Increase your booking opportunities.