Day-after-day, hundreds of thousands of price-savvy vacationers worldwide depend on trivago to search out wallet-friendly lodge offers. For hoteliers, which means it’s important to face out within the market with aggressive charges that result in bookings.
With trivago’s Charge Insights, you acquire a transparent image of competitor charges, enabling you to regulate your charges strategically to spice up your reserving enchantment and streamlining charge administration.
Strengthen your positioning
To grasp the place your charges stand, it’s necessary to have a look at these from completely different angles to remain aggressive in a dynamic market.
Right here’s how Charge Insights can strengthen your charge technique:
The horizontal rating exhibits the consistency of your charges on as much as eight OTAs you’re employed with. By making certain charge parity throughout numerous platforms, you construct belief with potential company and preserve a aggressive edge.
With the vertical rating, you see how your charges examine to these of your high 5 opponents. Vacationers test offers side-by-side on trivago, so engaging and well-positioned charges are key.
These rankings provide you with a holistic view of your house available in the market and enable you establish the place small charge modifications might have a constructive influence.
Leverage the information
The interactive Charge Insights dashboard offers you with the in-depth knowledge it’s good to make knowledgeable selections about your pricing.
Charge benchmarking: Monitor developments and examine charges to your opponents as much as 90 days upfront to identify seasonal shifts and potential alternatives. It’s also possible to evaluate the previous three months to evaluate charge growth over time.
Market evaluation: Keep forward and optimize your affords by monitoring who has the bottom charges throughout all markets and the native market, in addition to the very best in all markets—with and with out breakfast.
Knowledge at a look: Establish when your property is positioned to draw vacationers and when charge changes on companion OTAs could also be helpful.
Able to get a aggressive edge to your property? Improve to Enterprise Studio+ and begin making data-driven selections with Charge Insights right this moment.
