Knowing how your competitors price their rooms is an important aspect when it comes to deciding on your own pricing strategy. Before you access this information, it is important to make sure that you know who your competitors are. Even this might change over time because since we are finding ourselves in a dynamic industry. How to change your set of competitors?
With RateManager you have the opportunity to track maximum 10 competitors of your choice. You can also change these competitors at any time you want by following these steps:
1. Go to your Calendar
2. Simply hover over a date and click on "Change my competitors"
3. The blue competitors are the ones who are currently selected. Click on it to deselect and it will turn grey.
4. Click on a grey one to select and it will turn blue. You can also search for competitors by typing the name in the search bar.