How does it work ?
Pricing Recommendation is a great Reservit tool for optimizing your booking prices and maximizing your occupancy rates.
It lets you set up a price-based marketing strategy and differentiate yourself from your competitors.
To ensure maximum reliability, this module is based on a complex comprehensive algorithm that takes multiple criteria into account (occupancy rate of your hotel and that of your competitors, seasonality, etc…).
A decision-aid and revenue optimization tool
Want to maximize your revenue? Pricing Recommendation is the best way of boosting your occupancy rate.
Set the ideal price with this module!
The Reservit algorithm incorporates your hotel’s reputation, as well as your competitors’ reputations and their pricing policies.
The tool adjusts to your environment and sends you a pricing recommendation. As the hotelier, you remain in full control of your pricing and are free to accept or reject the recommendations.
This means you can adjust your prices automatically or manually based on:
- the occupancy rate of your hotel or guest house,
- seasonal flow of business.
If you accept the recommendation, the new price is automatically sent to the distribution channels or your PMS using the connectivity.
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