What kind of market data is considered by the algorithm?
HQi (market quality positioning), current competitor prices, historical competitor pricing strategies and destination events. In the near future, we will also consider the destination demand index, competitor benchmarks and hotel demand (regrets and denials).
Will I be able to perform open pricing per room type/segment?
Yes. We understand that the best way to optimize your strategy is to provide price recommendations and restrictions (stop sell and MLOS) by rate code (room type + rate plan) and segment.
Does the tool also provide group displacement cost analysis?
Yes. The BEONx Groups module includes a complete analysis of displacement, price recommendations for each room type, alternative optimal dates and other revenues for each group quotation.