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Pricing is one of the most critical factors in the hospitality industry. Hotels need to keep track of competitor pricing to adjust their rates dynamically and stay competitive. However, manually checking prices across multiple platforms like Hotels.com is time-consuming and inefficient.
To solve this challenge, QuantumDataLytica provides an automated Hotel Rate Shopping Workflow that scrapes competitor hotel rates based on user-defined inputs (hotel names, date range) and delivers actionable pricing insights.
The hotel chain needed an automated, accurate, and scalable solution to scrape competitor rates from Hotels.com and provide real-time insights for dynamic pricing.
QuantumDataLytica enables hotels to automatically collect and analyze competitor pricing with a simple, no-code workflow.
Hotel Name | Start Date | End Date |
---|---|---|
Hyatt Place Chicago | 2024-02-10 | 2024-02-15 |
Hilton Garden Inn New York | 2024-02-10 | 2024-02-15 |
Marriott Downtown LA | 2024-02-10 | 2024-02-15 |
Hotel Name ($) | Date | Rate ($) | Avg. Rate ($) | Recommended Adjustment |
---|---|---|---|---|
Hyatt Place | 2024-02-10 | 189 | 175 | -14 (Lower to match market) |
Hilton Garden Inn NY | 2024-02-11 | 220 | 240 | +20 (Increase price) |
Marriott Downtown LA | 2024-02-12 | 299 | 290 | -9 (Slight reduction) |
âś… Hyatt Place Chicago is overpriced compared to competitors. Lowering by $14 could increase bookings.
âś… Hilton Garden Inn has pricing potential, as the competitor rate is higher. Increasing by $20 can maximize revenue.
âś… Marriott Downtown LA is slightly above market rate but remains competitive.
❌ Manual rate tracking across different hotel websites.
❌ Inconsistent pricing strategies leading to revenue losses.
❌ Missed opportunities due to delayed decision-making.
âś… Fully Automated Rate Scraping: Competitor pricing is collected in real-time without manual effort.
âś… Data-Driven Pricing Strategy: Instant insights help hotels optimize room rates dynamically.
âś… Revenue Growth: By adjusting prices based on real-time market data, hotels increase bookings and maximize profitability.
âś… Improved Competitive Positioning: Staying ahead of competitor pricing leads to higher occupancy rates.
“QuantumDataLytica has completely transformed our pricing strategy. We used to spend hours tracking competitor rates manually, but now everything is automated! With real-time insights and pricing recommendations, we’ve increased revenue by 18% while staying ahead of the competition.”
– John Miller, Revenue Manager, LuxeStay Hotels