RTStrategyEngine, Your automatic rate update and distribution management solution

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Products > RTSuite > RTStrategy

Products for Hotels

Automate Rate Calculations: Implement relevant strategies for quick rate calculations

RTStrategy assesses market competition and position and helps you optimise your rates with fully automated rate calculation based on your selected pricing or positioning strategies, as well as your competitors’ rates. You can distribute these rates automatically to all channels and be sure to offer the right price at all times.

Apply relevant rate strategies for better revenues

Analyse future room rate data to determine optimal rates
Apply either one or a combination of pricing strategies
Combine functionality RMS, benchmarking tools & DMS
Optimise your product value

Customer Speaks

So what can it do?

Choose from five pricing strategies
Lowest Rate Guarantee
Set up a default strategy over an extended period of time and/or set a strategy per day.
Use the hot date feature to highlight peak periods
Set up a master room type per channel.
Map Generic room types with room types in each channel.
Use an inbuilt calendar to highlight which strategy is being used and over what period.
Set your position per season.
Change your strategy on the run as you see your benchmark reports.
Identify difference between competitors’ rates and own rate since previous week
View same reports by hotel site as well as website
Store reports for up to 3 years

How will it benefit your business?

Property overview for the next ten days
Weather can help to forecast occupancy figures
Manage default strategy settings efficiently
Select strategy by channel or for all sites
Prioritise pricing per channel
Maintain accurate information for occupancy strategy
Clear overview of strategies by date incl. peak periods
Multiple options to update rates and availability
Access accurate, unrestricted data
Control future rates to improve revenue and bookings
Update multiple room types for various channels with different prices in 1 click
Wide choice of rate and allocation options
Easy to view trends & gaps between strategies
Shows current position/rate & recommended position/rate according to chosen strategy

Check out our recent product updates

Version 2.8.2, April 2012: RTShopper Report: Competitor Overview

On the RTShopper dashboard, you now have a Competitor Overview snapshot which compares your lowest rates with your competitors for all your subscribed websites for the next 7 days starting from the current date.

The lowest room rate for each date is indicated in Red. You can access this feature if you are subscribed to RTShopper Daily or Weekly report. Contact us to find out more.

Here is how our product looks...

RTStrategy: Website Selection

RTStrategy: Room Type Selection

RTStrategy: Maintenance - Summary View

RTStrategy: Maintenance - Detail View

RTStrategy: Preview