RateGain, The Leading hospitality technology company, released this week's Hotel Pricing Trends and Hotel Rate Parity report. A single window BI dashboard, which enables revenue professionals on cheapest rate visibility, tracking hotel rate parity along with median rate for three (3) months of three, four and five star hotel category across some of the major cities in European region. Data range spans across February to April 2013, starting from the second week of February (all rates in US dollars and for two adults on one-night stay) Performance Facts
In price trends report,The hotels in Amsterdam across all categories are smartly optimizing their revenue based on the expected demands. However in 4 star category Best western Amsterdam airport, should be attracting more guests, due to exceptional low rate compared to other hotels in the vicinity. One more interesting thing we have noticed is that between Feb and April most of the cities have increased their prices. The percentage increase in the following categories are: But Barcelona has an opposite trend between Feb and March where they have reduced their prices by -66.89% under 4 star category and -55.00% under 5 star category. In Parity trend report,we have captured that out of all the cities, Amsterdam hotels are mostly cheapest on the OTA sites and it seems 3 star hotels in Helsinki are not maintaining their rate parity. Price trends for 3 star hotels – Europe (Feb – Apr 13) Click here to view the full report Rate parity for 3 star hotels – Europe (Feb – Apr 13) Click here to view the full report
In 3 star category 12%
In 4 star category 14%
In 5 star category 13%
NB: RateGain specializes in competitive price intelligence and rate shopping solutions for hotels. It currently tracks more than one billion hotel rates every month across countries in US, Europe, Middle East, Asia and Latin America.
Organization
RateGain Technologies Limited
https://www.rategain.com
6th Floor, 9 Appold Street
London, EC2A 2AP
United Kingdom
Phone: 44 2035141419
Email: marketing@rategain.com
Recent News
 RateGain Announces Exclusive Partnership with Aztech Digital to Accelerate UNO VIVA’s Expansion Across Greece and Cyprus |
 From Data Overload to Commercial Clarity: Why Hotels Need Smarter Decision Intelligence | By Mayank Rastogi |
|
The Future of Hotel Distribution Is Holistic, Not Just About AI - The Voice of a Hotelier |
