More profit under the same conditions
Who needs to use Price Optimizer
get additional income for hotels where:
Average annual load is
more than 40%
A hotel has more
than 10 rooms
You already use
TravelLine products
You have a competition
Elastic demand
TravelLine or
a third-party PMS
How to start working with Price Optimizer
Create hotel
profile
one or two years, price list
and, basic rate, and a minimal
price for a standard room.
Create a dynamic
price rate
provided, your dynamic price rate
will be created. Price Optimizer
will work with this price rate
and set flexible prices.
Connect
Price Optimizer
occupancy intervals are developed,
and demand seasons with higher
demand are adjusted.
Get price
recommendations
for every day. Confirm or reject
price changes manually or enable
autopilot.
Get daily
price recommendations
Price Optimizer shows price levels based on your hotel’s occupancy. He takes into account possible changes in demand across seasons and during weekends. Recommendations will help set you prices a full year year ahead.
A couple of additional settings will let you expand your pricing strategy for every room category.
Consider season changes
In periods of high demand, the tool will recommend your to increase prices, while on low demand it’ll talk you into slightly lowering prices. Your hotel income increases as you master your skills working with seasonal demands.
Monetize events
Price Optimizer include an Event List. You can add holidays and events to it, and the service will show them in a price calendar view. Follow calendar reminders and adjust prices prior to events.
If guests keep coming and number of rooms lowers, you can immediately change prices
and earn more.
Monitor competitors
Price Optimizer includes free competitor price monitoring. You will see the bigger picture along with your hotel’s position on the market. This is an important information for price management. You can compare your hotel with 10 competitors and its position drifts over 90 days.
Choose an operating mode
Manual mode
Autopilot
In both modes you can perform group operations in the Price Optimizer price calendar. Accept and reject recommendations, set your prices for several dates or specific days of the week.
Analyze your occupancy and revenue history
no more then $350 / €300 per month.
Price Optimizer
