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OTA Insight to Showcase New Revenue Insight Tool at HITEC Toronto

OTA Insight said it increased its range of intuitive state-of-the-art revenue management solutions with the launch of its new Revenue Insight product offer. The newest addition to the suite of intuitive tools is designed to help hotels analyze their revenues and online channel shift in real time. Hoteliers will receive automatic alerts if there is a decrease in room nights coupled with deeper insight into the reasons behind the shift. For example a lost corporate contract or major changes in OTA rankings.
OTA Insight will be showcasing its key functionalities of the new Revenue Insight platform throughout HITEC Toronto, from 26 – 29 June.
Revenue Insight’s user-friendly reporting and analytics will show hotels if they are winning or losing business and in what areas the most impact is being made, whether it be via OTAs or direct channels. The business intelligence tool will help analyse key factors affecting changes to room nights available to view in one actionable dashboard. Core factors such as Length of Stay (LOS), room types, days of the week and group, leisure and business bookings are all integrated in the analytics. Additionally, hotels will be able to analyse their pricing versus competition and understand if a property is optimally priced, resulting in increases or decreases in revenue.
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