For the most accurate market rate calculation, enter researched rates of your competitors every day on the Competition tab. If you’ve previously entered a rate and DOA (date of arrival) for a competitor, it appears on the tab.
Select Competition from the main navigation.
Narrow the View of Competitor Rates
To limit the list of Competitor Rates by date, select a Start Date and End Date then select Apply. Then use the filters at the top of each column or click the arrow at the top of any column to sort the table by that field to locate your desired rates.
- Inventory Date
- Property Rate
- Market Rate
- Each setup competitor
Enter Researched Competitive Rates
Click on a rate for any competitor to update the rate. Select the Save button that will appear above the table.
Within each property there is a pre-specified room type and control segment to which researched competitor rates are compared, and which gets adjusted as a result of the market rate and influence factor. See your administrator if you don’t know which these are or what rate types to research per competitor.
If you subscribe to an automated competitor shopping service, these rates may appear each day with no manual input needed.