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Why rate shopping matters for hotels . Rate shopping maximizes revenue by boosting the average daily rate and occupancy levels. It lets you adjust pricing across distribution channels based on real-time data. After tracking availability in your surroundings, you can use this data as a benchmark to determine your hotel's .
rate shopper hotelFor the hotel business, rate shopping is an integral part of a dynamic pricing strategy, providing valuable insights into competitor rates. By monitoring market pricing intelligence, hotels can stay apprised of opportunities to flex pricing power, increase ADR (average daily rate), and lower pricing to increase occupancy.Conventional rate shoppers struggle in answering these questions and this is what Navigator will help you solve. Going beyond rates, Navigator leverages AI to provide precise actionable insights into demand, rates, and parity allowing revenue teams to save time, focus efforts, and unlock new revenue streams with confidence.RateTiger Shopper is the benchmark for price intelligence in the hotel industry! Discover, monitor and outsmart your competitors with granular level rate, occupancy and distribution data. . Access positioning reports of your competitors, maintain rate accuracy, and rate parity across all channels via hotel management software to increase .
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rate shopper hotel