RaccoonRev: Revenue Management System

Modified on Wed, 01 Mar 2023 at 04:53 PM

The RaccoonRev revenue management system is designed to help you optimise your rates by being ahead of the competition and ensuring the best rates at the right time. 


RaccoonRev lets you know how your competition is doing and how your rates are in comparison to them. The idea is to give you more data so that you are able to make more informed decisions and maintain a competitive advantage.



Competitor Set 


  • Hoteliers must provide 3 competitors that they wish to benchmark themselves against. 

 

  • The data comes from our partner OTA insight and is updated once a day every morning. 


  • The competitor set can only be changed once every 6 months. 


  • Customers can access their 3 main competitors' behaviour in their area regarding price and occupancy oscillation for the next 30 days



Competition (R2759.30)  - Average price of all 3 competitors' rates over the next 30 days


Hotel A , B, C - Average price of each hotel over 30 days


What else is included in RaccoonRev 


  • Unlimited Yield rule - you can yield on competitors' rates too


  • Booking Engine performance report.


  • Competitor benchmarking rates



Good to know 


  • For more on maximum, minimum and average prices on RaccoonRev, click here.


  • For more on Percentages and colours in RaccoonRev, click here


  • There are a number of calendar icons in your overview which have different meanings, for more on calendar icons, click here.


  • You can set Yield rules based on your competition’s rates. For more on how this is done, click here.  






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