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Cendyn Rate MatchCendyn

Cendyn Rate Match is a real-time rate shopping and price matching tool for hotels to optimize direct bookings and maintain parity with online travel agencies.

Vendor

Vendor

Cendyn

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Product details

Cendyn Rate Match is a sophisticated software solution designed for hotels to monitor, compare, and adjust their rates in real-time against online travel agencies (OTAs). It aims to increase direct bookings and revenue by ensuring price parity and offering competitive rates to potential guests.

Key Features

Real-time Rate Shopping Automatically monitors hotel rates across distribution channels

  • Mimics guest searches and locations
  • Provides continuous live shopping data
  • Delivers real-time notifications of parity violations

Price Compare Displays competitive rates to boost guest confidence

  • Shows same or better rates compared to OTAs
  • Increases conversion rates by an average of 56%

Dynamic Price Matching Adjusts rates automatically to match or beat OTA prices

  • Modifies rates in real-time within configurable limits
  • Captures bookings that might otherwise be lost to OTAs
  • Matches rates by as little as one dollar difference

Benefits

Increased Direct Bookings Drives more reservations through the hotel's own channels

  • Reduces reliance on OTA commissions
  • Improves overall revenue per visitor

Enhanced Parity Control Ensures consistent pricing across all distribution channels

  • Prevents potential revenue loss from undercut rates
  • Maintains brand integrity and pricing strategy

Data-Driven Decision Making Provides actionable insights for revenue management

  • Reveals parity violations across the distribution network
  • Enables quick responses to market changes and competitor actions
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