develop price monitoring system of your own

How to Develop a Hotel Price Monitoring System Using Python

Hotel price tracking has become quite important for the travel industry. There are so many competitors in the market due to keeping track of all the individual OTAs has become quite difficult. In this article, we are going to use python to create a simple hotel price-tracking script. We will track hotel prices for a…

What Is Yield Management 7 Pricing Strategies & Benefits

What is Yield Management in the Hotel Industry? Importance and Techniques

Yield management has become the backbone of profitable hotel operations. Far beyond simple pricing, it’s the strategy that top-performing hotels use to adjust rates based on demand, timing, and guest behavior to ensure rooms are booked at the right price. By leveraging yield management, hotels can boost revenue by as much as 20% per booking….

5 Price APIs For the Hospitality Industry

5 Price APIs For the Hospitality Industry: Choose The Best One

The rising bar of technology has advanced the methods used by hoteliers to optimize their strategies and generate higher revenue. The concept of Pricing API for hotels has transformed the pricing strategies of the hospitality industry by providing them with real-time price intelligence.  These Price APIs today are commonly used to retrieve and analyze pricing…

Hotel Price Forecasting

Hotel Price Forecasting: Learn to Predict Demand & Optimize Rates

Let’s face it: in the hotel industry, pricing can make or break your business. Getting it right means more guests, higher revenue, and an edge over the competition. But with constantly shifting demand, seasonal peaks, and unpredictable events, how can you actually keep your rates spot-on without losing time or money? That’s where hotel price…

Hotel Revenue Management Tools For Hotel

10 Best Hotel Revenue Management Tools In 2025

If spreadsheets are still your go-to for managing hotel revenue, it’s time for an upgrade. Modern revenue management tools are designed to simplify your processes, save time, and help you achieve higher profitability. These tools can analyze real-time data and forecast demand which allow you to make informed pricing and inventory decisions. In this blog,…

Hotel Data Intelligence

Hotel Data Intelligence: From Basics to Tools & Implementation

In today’s competitive hotel industry, data isn’t just numbers—it’s the key to staying ahead. As business intelligence evolves, more hoteliers leverage data analytics to capture meaningful insights. In fact, 29% of hoteliers view data analytics as a game-changing tool that will shape their operations over the next five years, while 44% see it as essential…

Common Challenges OTA Faces and Their Solution 2023

Common Challenges OTA Faces & Their Solutions

The travel industry has grown rapidly in recent years with the increasing popularity of online booking agencies and the convenience it offers to customers. However, the industry also faces several challenges, including intense competition and the need to meet up the ever-changing demands of customers. But to cope with those challenges of Online Traveling Platforms…

What Is Rate Disparity In Hotels

What is Rate Disparity in Hotels? 

Creating a fair price structure for leveraging business profits and higher revenue generation while maintaining a good brand reputation among customers is an emerging challenge for hoteliers. The hospitality industry swings between a mix of thoughts about hotel rate parity and disparity. There is a mixture of opinions on the same. Therefore, firstly, it is…

Hotel Rate Parity

How to Monitor Rate Parity in the Hotel Industry?

With the expansion of technology and the increase in the number of distribution channels, it has become a challenging task for hoteliers to maintain harmony in their pricing distribution. Often distribution channels lower the rate of a particular hotel room rate to attract more customers and later reveal hidden charges to compensate for the entire…