Fri, 18 Aug 2017

Expedia Launches Revenue Management Tool - Rev+

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.

Expedia has launched a new revenue management tool, Rev+. Click to enlarge.

“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.

 Daily Snapshot: Additional insights about what’s happening on a specific day; including forecasted demand and know events.

 Competitive Price Grid: Surfacing a hotel’s pricing trends relative to their competitive set over time. 

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