Expedia has launched a new revenue
management tool, Rev+.
As part of Expedia PartnerCentral (EPC), Rev+ is
a revenue management tool designed to provide actionable data and
insights for hotels to better manage their rates.
“We’re going through an exciting period
of evolution at Expedia, providing partners with more technology
services and product offerings,” said Benoit Jolin, vice president
of Expedia’s Global Product. “Our hotel partners see value in the
data we provide and have expressed a need for additional support,
insights and access to greater intelligence to help them more
effectively refine their revenue strategy and make informed
business decisions in less time. Rev+ was created from this
feedback, along with months of testing that informed the first
version of the product. Rev+ is the start of our Revenue
Management capabilities from which we will continue to build and
enhance according to our partners’ feedback.”
Rev+ features include:
Price Calendar: A
comprehensive view of a hotel’s pricing relative to their
competitive set for the next 365 days.
Market Alerts: An
alert system that helps our Hotel Partners find the most recent
and relevant changes in their market.
Additional insights about what’s happening on a specific day;
including forecasted demand and know events.
Price Grid: Surfacing a hotel’s pricing trends relative to their
competitive set over time.