Dealing With The Dilemma Of Dynamic Pricing

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Dealing with the Dilemma of Dynamic Pricing

Overview:

Hotel rates change by the minute, customer demand fluctuates with the season (and even the hour), and competitor pricing is always just a click away. For OTAs and OTBs, this price volatility presents both a challenge and an opportunity. But while many businesses stop optimizing once a booking is made, smart booking platforms go a step further- with post-booking price optimization.  

This infographic explores insights & strategies that will help online travel businesses tap into post-booking optimization and unlock new revenue streams. From market-based and competitor-aware pricing to segmented offers and rebooking strategies, each method plays a role in maximizing your profitability. 

Download the Infographic here:

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About Vervotech

Vervotech is a leading Hotel Mapping and Room Mapping API that leverages the power of AI and ML to quickly and accurately identify each property listing through the verification of multiple parameters. With One of the industry’s best coverage of 98% and an accuracy of 99.999%, Vervotech is quickly becoming the mapping software of choice for all leading global companies operating in the travel and hospitality industry. To learn more about Vervotech and the ways it can enhance your business in the long run contact us: sales@vervotech.com

Disclaimer: The author is solely responsible for the content and Vervotech does not exert any control or influence over the author's opinions or statements.

Ed Wiliams

Mapping Expert

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