Price Control Upgrade – Part 4

Feb 12, 2021Price Optimizer Update

For the final release in the Price Control development series, we introduce Price and Occupancy Changes graphs on the Details section in Price Control.

 

Price Changes graph

Analyze price evolution of a room before the arrival date compared with different periods.

For example, you can view the current rate of a double room for stay date 17th February 2021 compared with a week before (10th Feb 2021), a month before (17th Jan 2021) or a year before (17th Feb 2020). At the same time, you can visualize how the rate of that room evolved, for instance, from 90 DTA to the current DTA.

Occupancy Changes graph

Evaluate hotel occupancy and forecast before the arrival date compared with different periods.

For example, you can view the current occupancy for stay date 17th February 2021 compared with a week before (10th Feb 2021), a month before (17th Jan 2021) or a year before (17th Feb 2020). Similarly, you can visualize current occupancy evolution, for instance, from 90 DTA to the current DTA.

Both graphs work in tandem so that it is faster to analyze information. Selecting one filter on the Price Changes graph would automatically select the same filter in the Occupany Changes graph.

To make it easy to compare information from both graphs, we added a table below the graphs that reflect the selected filters and DTA. It also includes information on hotel occupancy level, total revenue & ADR, providing a holistic view of your hotel performance.

Please note that calendar behavior on Price Optimizer has slightly changed. To generate data on a page, you must first select the date.

To learn more about this feature, please reach out to your key account manager.

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