Expedia Inc wants to boost its efforts on the hotel technology side of operations – unveiling a revenue management tool known as Rev+ this week.
The Expedia Partner Central wing of the group says it will offer the product free to properties that are already part of its distribution network on sites such as Expedia, Hotels.com and Venere.
The system allows hotels to gauge their rates against competitors over the course of 90 days, alongside other market factors.
A forecasting tool will allow properties to view demand for a market based on datapoints captured across the portfolio of Expedia Inc brands, whilst a notification system will alert hotels to changes to rates over the course of the last 24 hours.
Rev+ will initially be available to hotels in the US, with other regions and markets to follow in due course.
Read original article
