eRevMax, which operates the RateTiger channel management tool, has launched a new ‘Managed Reports’ service which offers market intelligence data to hotels.
Managed Reports integrates rate data from more than 42,000 hotel sites and around 100 travel sites into a report format, which is designed to allow hoteliers to make better decisions about their own pricing strategies.
“For hotels, understanding the market place becomes crucial to implementing a balanced pricing strategy to manage and maximise revenue in real-time,” said Vishal Arora, eRevMax’s vice president of product management.
“Managed Reports will help them evaluate pricing strategies for their properties and that of competitors and turn that insight into bottom-line results based upon actionable business intelligence.”
Managed Reports offers data in a range of formats and with optional reporting frequencies, including daily, weekly and monthly.