Welcome to our Technology 4 Hotels Update. Well, this time it's great to be able to share the lowdown on a really clever web tool that will save you the tedious price checking of your competitors on booking web sites.

You can select competitors in your region and match your room types to them.You receive a daily email alert showing you which of your rates are too many percentage points higher or lower than those guys, and you can set those percentages. This makes it a breeze to adjust your rates more often. Log into the web site as often as you wish and watch rate trends in your area for 12 weeks ahead. Then catch those unusual periods of demand for which your rates need adjusting.

Travelers these days can easily check hotel rates online, get the best deal, and squeeze hotel margins. With this tool, rates are checked for you, minus the agony. It's a much easier way to get your prices right, so that you lower prices and increase sales when demand for your rooms is low, and raise prices and increase those margins when demand is high.

You can try it free for one month, then it is a very reasonable monthly charge.  And for our clients we have negotiated an even better deal. Simply use the Promotional Code TECH4HOTELS when you sign up at RatesAlarm.com and you will receive a 5% discount.  

So  why not give it a whirl?

Warmest Regards,