Every single day, thousands and thousands of price-savvy vacationers worldwide depend on trivago to seek out wallet-friendly lodge offers. For hoteliers, meaning it’s important to face out within the market with aggressive charges that result in bookings.
With trivago’s Price Insights, you achieve a transparent image of competitor charges, enabling you to regulate your charges strategically to spice up your reserving enchantment and streamlining price administration.
Strengthen your positioning
To know the place your charges stand, it’s essential to have a look at these from totally different angles to remain aggressive in a dynamic market.
Right here’s how Price Insights can strengthen your price technique:
The horizontal rating reveals the consistency of your charges on as much as eight OTAs you’re employed with. By guaranteeing price parity throughout numerous platforms, you construct belief with potential visitors and preserve a aggressive edge.
With the vertical rating, you see how your charges examine to these of your high 5 opponents. Vacationers verify 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 out there and assist you to establish the place small price adjustments may have a optimistic impression.
Leverage the information
The interactive Price Insights dashboard offers you with the in-depth knowledge you might want to make knowledgeable selections about your pricing.
Price benchmarking: Monitor traits and examine charges to your opponents as much as 90 days prematurely to identify seasonal shifts and potential alternatives. You may as well overview the previous three months to evaluate price improvement 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 price changes on companion OTAs could also be useful.
Able to get a aggressive edge to your property? Improve to Enterprise Studio+ and begin making data-driven selections with Price Insights at this time.
