Some people love looking at their prices and making adjustments to get them just perfect. Others don’t love it so much. Let’s imagine you are in the latter category. What we would suggest doing if you just have 10 minutes a week …
Look at the Pricing Calendar
Check the prices and see if they are around where you would expect them to be and that you are happy with them.
The pricing view shows the price recommendation for every single day in a month
Look at the Occupancy View
Go through the next few months.
Occupancy view lets you examine your performance in a two colour-scheme
- Are some months mostly blue? You may like to move the monthly adjustment up a bit. Blue everywhere? Maybe your base price is too low. Look at the prices and see if you want to go higher.
- Are some months mostly yellow? You may want to move the monthly adjustment down a bit. Yellow everywhere? Maybe your base price is too high. Look at the prices and see if you want to go lower, in low season you may not wish to, but it’s always worth checking.
Look at the Chart View
Does it look OK? Are there any dates that stand out? Are we dealing with them as well as we could – you may want to make adjustments using your own knowledge of the event.
For example, New Year in some hotels is a bigger deal than in others.
The chart view gives an outline of the pricing for the next 365 days