Rateping

RatePing is a competitive intelligence platform developed to assist hotels and vacation rental owners and operators in effectively monitoring their room rates in comparison to competitors. This tool caters to businesses of all sizes in the hospitality industry, including hotel owners and operators, vacation rental owners and operators, revenue managers, pricing analysts, and other professionals in the field.

Key Features

Competitive Intelligence Platform: RatePing is a specialized competitive intelligence platform designed exclusively for hotels and vacation rental properties. It empowers users to track their room rates and compare them with competitors across major Online Travel Agencies (OTA's).

Accurate Tracking of Competitor Rates: RatePing employs advanced technology to automatically track a hotel's rate and competitor's rates multiple times a day. This automated process ensures precise and up-to-date data, saving users significant time that would otherwise be spent on manual tracking.

Rate Parity and OTA Discounting Monitoring: RatePing provides users with accurate rates that guests would encounter on the OTA's at the time of booking. It also offers insights into discounted rates after the application of promo codes, enabling hotels to gain better visibility into their competition's pricing strategies.

Smart Insights and Alerts: RatePing offers intelligent alerts that highlight specific days when a hotel may be missing out on potential revenue or facing uncompetitive pricing. These insights enable users to identify critical days for rate adjustments and revenue optimization.

Easy-to-Use Interface: RatePing boasts a user-friendly interface that facilitates effortless navigation and quick access to essential data. Users can easily analyze and interpret the provided information without requiring extensive training or technical expertise.