The Expedia group has launched a revenue management tool Rev+ in Thailand, as part of Expedia PartnerCentral (EPC), the company’s partner portal which helps hotels manage their properties and rates.
First launched end of last year, the tool comes at no additional costs for hotel partners and does not require additional sign-up.
Expedia’s Rev+ tool features price calendar, market updates and more
Current features include price calendar, which gives partners a view of pricing relative to their competitive set for the next 365 days; market alerts; daily snapshot, additional insights on daily happenings including forecasted demand; and competitive price grid, which surfaces a hotel’s pricing trends relative to their competitive set over time.
All data and insights provided by EPC are based on a competitive set customisable by every hotel partner.
Said Benoit Jolin, vice president of Expedia’s global product: “Our hotel partners see value in the data we provide and have expressed a need for additional support, insights and access to greater intelligence to help them more effectively refine their revenue strategy and make informed business decisions in less time.
“Rev+ was created from this feedback, along with months of testing that informed the first version of the product.”