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Rate Shopper
The first Rate Shopper fully integrated with your website to easily analyse pricing trends from several OTAs, local events, production data from your PMS and real-time demand data to automatically boost your conversion rate and increase hotel profitability.
Try it now for free ➔
Trusted by hospitality leaders
Live Pricing Updates
Monitor competitor pricing in real-time
Continuously monitor competitor rates across OTAs and direct booking channels with Optimand’s Rate Shopper. Automated alerts notify you of price changes, allowing for agile pricing adjustments and a competitive edge.
Dynamic Price Tracking
Get direct price information on most of your competitor.
Pricing Alerts
Get instant notifications when competitors adjust their rates, allowing for proactive pricing.
Room Mapping
Map your room types to competitors’ for accurate rate comparisons and adjustments.
Core Advantages
Key Benefits of Rate Shopper
Competitor Insight
Gain comprehensive insights into competitor strategies and adjust your room pricing accordingly to maximise revenue and occupancy.
Distribution and parity
Hotels should be aware of their competitors’ rates, as well as any parity issues with OTAs. These agencies can offer different prices than the hotel, which can lead to a loss of revenue if not monitored closely. Identify areas where you’re losing valuable revenue by pinpointing parity issues across all major OTAs and metasearch channels in real-time.
Room types analysis
Gain in-depth and detailed insights on all room types and multiple point of sales. With detailed information on rates, reviews, historical data and demand data, Optimand empowers our hotel partners to make well-informed decisions.
Market Intelligence
Benchmark and optimise your pricing strategy
Gain deep insights into your market positioning and benchmark your performance against competitors to optimise your pricing strategy. Dynamic reporting tools empower you to make smarter, data-driven decisions for increased profitability.
OTA Rate Comparison
Compare your pricing across leading OTAs to ensure rate parity and maintain a competitive edge.
Localised Insights
Analyse market demand and pricing across different regions to identify growth opportunities.
Competitive Set Reporting
Generate detailed reports to assess your performance against the competition and identify opportunities.
Fast setup process
Simple, seamless, ready to go
Step 1
Connect your PMS
Connect your PMS or booking engine in minutes with our plug-and-play setup – no tech team required.
Step 2
Customise Your Dashboard
Configure your tools and dashboards to match your property’s goals and data needs.
Step 3
Start Seeing Results
Start tracking, optimising, and improving performance immediately.
Occupancy Metrics
Insightful Analytics
A BI tool provides deep insights into your hotel’s performance across various metrics like occupancy rates, revenue per available room (RevPAR), average daily rate (ADR), and more. With this data at your fingertips, you can make informed decisions to optimize pricing, marketing strategies, and operations.
Revenue Analysis
Customisable Dashboards
Thanks to Optimand fully customisable dashboards, you'll be able to view a comprehensive overview of your hotel within the same platform. This includes website data, destination demand, PMS data, competitor rates from multiple channels, and local events data.
Demand Insights
Stay always informed
The hospitality industry is dynamic, with market trends and consumer preferences constantly evolving. A BI tool equips you with real-time data and insights, allowing you to adapt quickly to changing market conditions, economic fluctuations, and emerging travel trends. This agility is essential for staying relevant and resilient in the face of uncertainty.
Marketing ROI
More than Pickup and OTB
By analyzing historical data and market trends, BI tools can help you forecast future demand and plan accordingly. This enables you to optimize staffing levels, inventory management, and marketing campaigns to maximize revenue during peak seasons and minimize losses during low periods.
Optimand is one of the smartest systems we have worked with. It gives insights outside the realm of a usual RMS system and is
presented in a clear and functional way. We continue to use Optimand on a daily basis to remain competitive and ahead of the market.
In addition to this the team are very agile and are constantly improving capabilities based on customer feedback.
G. Hill, Cluster Revenue Manager
Optimand is proven to be a great hospitality ecommerce tool with endless opportunities.
Together with their development team and our marketing and revenue team, we are able to achieve our goals and go
above and beyond expectations. It’s a great system to use and we look forward to growing our e-commerce activities with them.
D. Ljumanovic, Group Director of Digital Customer Experience
Optimand is a great business intelligence tool, very easy to use and helped us make the most of our commercial strategy by
allowing us to access a number of unique demand insights. By applying personalised rates into our hotel booking engine,
our conversion rate has increased massively.
P. Sehgal, Director, The Leonard Hotel
Proven Track Record
Optimand by the Numbers
+%
Hotels see an average increase of 27% in direct bookings after switching to Optimand
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Optimand is trusted by hotels in more than 20 countries
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Website searches and transactions analyzed daily
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Real and verifiable data (unlike many other platforms that rely on “partners data”)