Improve your interest rate strategy with interest rate insights

Every day, millions of dollars travelers around the world rely on Trivago to find wallet-friendly hotel deals. For hoteliers, this means being able to stand out at a competitive pace in the market, which is essential.

and Trivago’s interest rate insightsyou can have a clear understanding of competitors’ interest rates, allowing you to strategically adjust rates to improve booking appeals and simplify rate management.

To understand where your price is, it is important to look at those who remain competitive in a dynamic market from a different perspective.

Here is how interest rate insights can strengthen your interest rate strategy:

this Level ranking Show consistency of your rates Eight OTAs You work with it. By ensuring that prices are affordable across various platforms, you can build trust with potential guests and maintain a competitive edge.

and Vertical rankingyou will see your rate compared to your price top Five competitors. Travelers check deals side by side in Trivago, so an attractive and well-positioned price is key.

These rankings can give you a holistic view of where you are in the market and help you determine that a small amount of rate changes may have a positive impact.

The Interaction Insights dashboard provides you with the in-depth data you need for an informed decision on pricing.

Rating Benchmark: Tracking trends and comparing competitors takes up to 90 days to spot seasonal changes and potential opportunities. You can also review the time you have evaluated the rate development in the past three months.

Market Analysis: Stay ahead and optimize your quotes by monitoring who has the lowest prices in all markets and local markets, as well as the highest prices in all markets (not breakfast).

At a glance of data: Determine when to locate your property to attract travelers and when rate adjustments to partner OTAs can be beneficial.

Ready to gain a competitive advantage for your property? Upgrade to Commercial Studio+ and start data-driven decision-making Interest rate insights today.