Expedia Launches Revenue Management Tool Rev+
Expedia Inc. said it launched Rev+, a revenue management tool designed to provide hotel partners with smart, actionable data and insights. As part of Expedia Partner Central (EPC), the company’s partner portal which helps hotels manage their properties and rates, Rev+ brings in new functionality that empowers partners to make smart pricing decisions to optimize their revenue. Rev+ comes at no additional costs for hotel partners, and it doesn’t require additional sign-up.
As a global business with more than 200 travel booking sites globally and more than 307,000 hotel partners world-wide, Expedia has the necessary scale to provide partners with comprehensive and accurate analysis that makes a difference to their business. Current features include:
As a global business with more than 200 travel booking sites globally and more than 307,000 hotel partners world-wide, Expedia has the necessary scale to provide partners with comprehensive and accurate analysis that makes a difference to their business. Current features include:
- Price Calendar: A comprehensive view of a hotel’s pricing relative to their market for the next 90 days.
- Market Demand Score: Hoteliers can view future demand for their market based on millions of data points from the Expedia Inc. family of websites
- Daily Market Alerts: Notifies Hotel Partners of changes to public prices in their market within the past 24 hours
- Competitive Price Grid: Surfacing pricing trends for their market over the next 90 days
Expedia’s Rev+ is unique in its ability to provide Expedia hotel partners with a comprehensive view of opportunities in their market and the tools to quickly take advantage of them. All data and insights provided by Expedia PartnerCentral are based on powerful market segmentation customizable by every hotel partner, ensuring they are receiving the most relevant and impactful insights for them.