Do you know your competitor’s rates? Do you know your competitor’s occupancy levels? If not, then you are operating in the dark. If so, how do you analyze them? Do you manage this herculean task manually? In today’s market, dynamic rate setting is becoming the norm. Gone are the days that you set your properties' rates once a year. Today, you must be able to change your rates based upon market conditions, and know when those conditions change. PMT now gives you a way to easily automate this monitoring process. PMT RateChaserTM, a user-friendly service provides competitive rates and occupancy data from any market in the world. If you have a competitor, PMT RateChaserTM keeps you on top of their rates and occupancy as they change.
Accurate reports for your weekly meeting. Analyze competitors' unit rates in a specific complex or community and compare your rates with their rates. This component includes a range of comprehensive reports and graphs on the competitive performance. It assists managers in objective evaluation of all changing parameters necessary to make important profit maximizing decisions. Simple-to-read charts and graphs with all data prioritized in order of importance and urgency.
PMT RateChaserTM offers the tools to increase occupancy levels at optimum rates. Once you know exactly your competitor's occupancy rates, you can easily price your rates accordingly. Maximize your owner's return and revenues. Control your dynamic pricing. Early sell-outs will diminish the opportunity to obtain more revenues. But waiting too long for higher-priced reservations may leave your properties empty and producing zero revenue.
Receive email notifications every time your competitors’ change their rates. Maintain a dynamic rate strategy with important data points at your fingertips - maximize revenue potential across all your channels. Alert emails allow you to react quickly to market changes without needing to always monitor competitive websites for rate changes.