Hotel Price Reporter

Hotel Price Reporter is a hotel rate shopping and revenue management platform offered by Lancewood Media Ltd. According to the vendor, this tool is designed to simplify the complexities of revenue management and is suitable for hotels, motels, resorts, inns, lodges, and BnBs of all sizes. It caters to revenue managers, hotel managers, hotel owners, revenue analysts, and other professionals in the hospitality industry who need to monitor room rates, track market demand, analyze pricing trends, and enhance their online reputation.

Key Features

Hotel rate shopper: According to the vendor, this feature helps hotels deal with the complexities of the revenue management process by monitoring room rates, providing rate shopping data for up to 365 days in advance, and tracking the availability of rooms in the local market.

Rate shopping data: Hotel Price Reporter offers regularly updated rate shopping data for up to 365 days in advance. According to the vendor, it provides insights into competitor room rates and occupancy levels, helping revenue managers make informed pricing decisions and track price changes for any date, future or present, for any competitor.

Local market demand: The platform tracks the availability of rooms in the local area, allowing hotels to benchmark their performance against competitors. According to the vendor, it provides insights into the overall demand levels in the local area, helping revenue managers understand market conditions.

Price evolution: Hotel Price Reporter tracks price changes for any date, future or present, for any competitor. According to the vendor, this feature helps revenue managers stay informed about market dynamics, provides insights into pricing trends and patterns, and helps optimize pricing strategies.

Online reputation: This feature tracks the online reputation scores for your hotel and competitors, monitoring user reviews and ratings across online platforms. According to the vendor, it helps identify areas for improvement in guest satisfaction and assists in managing and enhancing your hotel's online reputation.

Price check widget: The price check widget performs live price comparison between your website and major Online Travel Agencies (OTAs). According to the vendor, it demonstrates to website visitors that booking direct offers the best deal. The widget is customizable to match the look and feel of your own website and is fully managed by the Hotel Price Reporter team.

Live price comparison: Hotel Price Reporter shows live price comparison between your website and major OTAs. According to the vendor, this feature increases engagement and encourages direct bookings, helping reduce OTA fees and increase earnings per room. It can be customized to fit your website's design and branding.

Easy to setup: According to the vendor, the price check widget is quick and easy to set up and can be customized to match the look and feel of your own website. There are no lengthy contracts or setup fees, and it is fully managed by the Hotel Price Reporter team.

Fully managed: The Hotel Price Reporter team provides ongoing maintenance and support for the platform. According to the vendor, they are available for assistance via email, phone, and live chat, offering live chat support for quick and convenient help. They also guide users through the setup and customization process.

Hotel rate monitoring: This feature tracks the room rates of your hotel competitors, providing insights into market dynamics and price changes. According to the vendor, it helps revenue managers make data-driven pricing decisions and saves time on manual price comparison.