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Hotel pricing engine

It combines demand, occupancy, competition and events to recommend the price for each night.

Client
Hotel chain
Industry
Travel and hospitality
Lines
Agents and models · Software
Status
In development

The challenge

Setting prices hotel by hotel and day by day in spreadsheets leaves money on the table and makes it hard to learn from past decisions.

What we are doing

A price recommendation engine that combines signals from demand, occupancy and bookings, competition and events. Beyond making recommendations, it helps answer questions such as:

  • Would we have earned more with bolder pricing decisions?
  • Should we have focused on filling rooms at a different time?
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