Updated : Feb 24, 2025
Managing a hotel or aparthotel is a complex task, with endless responsibilities from handling reservations to ensuring guest satisfaction. Owners and revenue managers often find themselves caught in the cycle of tracking competitor rates, a repetitive and time-consuming task. You understand the importance of staying ahead, but the manual process can feel overwhelming.
That’s why we initially introduced the Hotel Data tab: to simplify this critical aspect of revenue management. We’re excited to introduce the revamped Hotel Data tab, designed to offer you more advanced insights and features and give you a competitive edge.
What’s new in the revamped Hotel Data tab?
The Hotel Data tab has long helped monitor competitors, whether they are hotels, aparthotels, lodges, guest houses, or other hotel-like properties. Powered by up-to-date data from Booking.com, it refreshes every 48 hours to keep you informed. In this new version, we’ve added powerful features to make competitor analysis even more straightforward and effective.
Track your competition easier and faster
Selecting your 10 nearest competitors is just a click away. The choice is yours whether you want a quick snapshot or a detailed view by selecting up to 350 properties via a dropdown menu. Plus, with the new map feature, you can select competitors directly from a visual interface, making it easier than ever to stay informed.
Quickly identify competitor rate changes
Now, we will show you how much your competitors’ prices have changed in the last 48 hours. The ability to track competitor rate changes since the latest refresh gives you crucial insight into their pricing strategy for the chosen length of stay.
Spot high-demand periods
Benchmark your property against competitors and easily detect peak demand periods. This will help you better understand PriceLabs’ rate recommendations and adjust your pricing strategy if needed.
Full-screen mode for enhanced analysis
The new full-screen mode offers a clearer, larger view of competitor pricing trends and lets you easily analyze market shifts without missing key insights. You can also easily export this data as a CSV file for further analysis.
Here’s what some users have to say about it:
“Using the revamped Hotel Data tab in PriceLabs has been a game-changer for our revenue management strategy. The updated interface makes it easy to analyze trends and adjust our pricing. The detailed insights provided have allowed us to make more informed decisions, leading to an increase in our booking rates.”
– Mike Greenberg, RusTx Ranch, United States
More than just a price tracker
While the Hotel Data tab excels at rate tracking, it’s much more than that. It allows you to create custom comp-sets of hotel-like properties. By selecting the right competitors, you can influence your final prices with them, ensuring your property is always positioned to maximize revenue. This is not just rate matching; it’s data-driven revenue management!
Beat your competition with PriceLabs
The revamped Hotel Data tab makes competitor monitoring and market trend analysis simpler, more efficient, and more effective. By automating these processes, you can focus more on delivering outstanding guest experiences and driving your hotel and aparthotel’s success.
Start your 30-day free trial today!
To get a more detailed understanding of the Hotel Data tab, click here.
