
RateGain’s Rate Parity tool helps hotels maintain consistent pricing across all channels. It provides real-time alerts and insights to prevent revenue loss, ensuring competitive and accurate rates for maximum profitability.
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RateGain
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RateGain’s Parity+ keeps you in sync with all your partners to always give the right price across all channels
Significance of Price Parity in the Hotel Industry
- Validate Every Violation With Closed Loop Rate Parity (CLRP)
- Reduce Violations with Alerts and Control
- Maintain Meta Visibility And Brand Positioning
- Instantly alert
- Violating Defaulters The rise of new-age channels is giving competition to OTAs and brand sites as more travelers today search on these platforms as the traveler looks for competitive deals and prices making it extremely critical for hotels to have a foolproof strategy to maintain rate parity across all third-party partners. RateGain, with its customisable and intuitive rate parity system for hotels analyzes their rate parity status quo, define strategies to minimize revenue loss and enhance brand reputation with industry’s only closed loop rate parity solution.
Key Features
Parity Pulse A single intuitive dashboard to keep you up to date with all violations Closed Loop Rate Parity (CLRP) analysis Not only identify but correct parity violations immediately The Why Behind The Parity Identify your violations on the basis of caching, bait & switch, promotions etc Automated Rule Based Real Time Alerts Customize Alerts to notify your teams and take immediate action on discrepancies Member Rates Tracking Track violations across direct and indirect channels including Metas, POS, Mobile app & member rate Calculate Potential Revenue Loss Get channel wise insights into your potential revenue leakage recorded due to rate & availability violations
The Most Advanced Analysis On Rate Parity
Parity+ provides Industry’s only closed loop parity analysis for hotel rate parity issues that confirms the source of parity violation and also provides assistance to correct the violation instantly.
Control All Violations From One Action Center
Never lose sight of a parity violation across any channel and maintain hotel rate integrity with detailed analysis on overall parity score, violations, global data & win, loss and meet instances on one intuitive screen.
Go Granular With Meta Visibility & Brand Site Positioning
Find out your brand site’s visibility and rank on meta-channels and benchmark against comp-set. Also get centralised control on rate parity across regional, country, city & hotel level parity, with one click!.
Instant Validation Across Channels
Compare performance of direct vs indirect distribution channels and run on-demand report against a violation instance to validate and fix the discrepancy.
Easily Track Violations And Send Real-Time Alerts
Get Real Time Data & take immediate action across your portfolio of hotels.
Know Your Potential Revenue Loss
Get insights into potential revenue loss recorded due to rate and availability violations per channel.