Guides for your property
Hotel Price Monitoring Dashboard – Persefone Rate Checker
Hotel Price Monitoring Dashboard - Persefone Rate Checker
Market monitoring
A hotel price monitoring dashboard is useful when management and those responsible for rates review the same data using shared criteria. A table full of numbers is of little use if everyone interprets dates and conditions differently.
Define a comparable view
Set the period, occupancy and group of accommodation providers to monitor. Distinguish types, included services and cancellation policies. Keep the search context and timing of data collection clear, when available.
Turn reading into a process
Assign a person responsible for verification and set times to discuss anomalies. Comparing external prices should be combined with internal accommodation provider information: availability, goals and sales conditions can justify rate differences.
Team workflow checklist
- Use the same criteria for subsequent searches.
- Note differences that prevent a uniform comparison.
- Define who proposes and who approves actions.
- Check access, views and sharing supported by the product.
Does the dashboard update selling prices?
Data display does not imply automatic updates. Separately verify decision-making functions and connections with distribution systems, avoiding confusing a report with an action already taken.
Link analysis and control
Learn more about the Rate Checker to monitor rates and the Semprepieno commercial strategy. Describe to the Persefone team how you work with data to check the functions suitable for your organisation.
Read prices in their context
Comparing competitors is useful when dates, conditions, accommodations and services are comparable. A price seen online should be considered alongside availability, minimum stay and offer conditions.
The Rate Checker supports competitor monitoring. Strategy development and price automation belong to the RMS process: avoid confusing the two tools.