You can access analytics by clicking 'Analytics' on the home page.
- You can access Future Pricing from the Analytics Dashbord.
Future pricing shows the price fluctuations in a specific city/hotspot for hotels that you are interested in.
It also shows which hotels and what date is more cost effective for your events.
With this graph, planners and suppliers can select up to 6 hotels of their choice, in the same or different cities and compare these prices during a specific period of time. This graph gives an estimation of publicly available prices for the cheapest room, on that day, in the selected hotels.
Keep in mind: Group rates are normally subject to negotiations and discounts. Consequently, this graph should be used for acquiring a more general picture of the pricing levels and fluctuations of specific hotels.
Benefit: If a planner is not very familiar with a specific location, he can easily get a general idea of the hotel price range in that region, for hotels of his choice. The planner can compare prices from the selected hotels and easily identify which hotel is within or surpasses his available budget.
Suppliers on the other hand, can compare their prices with those of competitive hotels and possibly use this data for marketing and pricing strategies.