Reported about 6 hours ago
Avantio has introduced a dynamic pricing tool aimed at improving revenue and occupancy rates for property managers. This tool leverages historical market data, current conditions, and competitive analysis, allowing for tailored pricing strategies while considering seasonal trends and reservation patterns. It automates daily price updates across all linked channels, minimizing manual adjustments and the risk of suboptimal pricing. Despite collaborating with numerous partners, Avantio noted that about 50% of its clients have yet to adopt dynamic pricing, which could result in lost revenue opportunities.
Source: YAHOO