Stay On Top Of The Competition with ResAvenue's Advanced Intelligence Reporting Feature

1 February, 2018

Our online competitor tracking tool displays the room rates of your nearest competitors in real-time. Competitor tracking and analysis is critical in the hospitality industry as it guides you in the alignment of your pricing with those of your competitors and in setting the optimal rates for various room types of the assigned property.

In this regard, we are excited to announce that our Competitor Tracking feature on Channel Connect has just been upgraded! The new and improved version allows you to do more with added accuracy! Track real time rates for a period of 30 days for up to 5 competitors across 5 OTA channels of your selection. The advanced version is not only more accurate but allows a view of more competitors as well as more choice of OTA channels than our basic version.

ResAvenue's Advanced Competitor Tracking is a value added paid service which displays the real-time rates and 'Sold Out' rooms of selected competitors of up to 5 OTA channels (more channels can be added on request for nominal additional charge) for a period of 30 days from the current date. Simply select the properties that are your competition and select your desired channels in the search criteria. Additionally, you can refresh and fetch the latest rates instantly at the click of a button.

This advanced report will give you a quick bird's eye view of the competition and facilitate in making the appropriate rate adjustments necessary for the growth of your business. You can continue to use our basic version with three competitor hotels across three domestic OTAs only.

Switch to our Advanced Competitor Tracking feature and provide the competitive edge to your business.