Position your business' pricing strategically to gain sales volume and beat out your competition.
Through a variety of customized scenarios and targeted objectives, ProSolutions will help you learn if your hotel's prices and offerings are competitive. We can compare more than 300 of your hotel's revenue-generating prices to help you create strategic pricing that best helps you stay ahead of your competitors. We can even take this a step further and focus on key Sales & Catering event details so you can learn what prices and concessions your competitors are including for certain dates.
Hotel Vacation Packages
Discover what types of packages your competitors are offering and the rates that they are available. Being able to identify what price points your competition is at provides you with the advantage to proactively tweak your vacation packages so you can get the best results. We can create this report for any time frame you desire, especially during major holiday weeks where travel packages are marketed the most.
Hotel Negotiated Rate
Discover if your negotiated rates are bringing in business travelers or if you are being undercut by your competitors. You will receive an efficient spreadsheet providing you with the business transient negotiated rates for your competitors, as well as whether those rates include internet, breakfast, and other accommodations. The more information we can provide the better you are able to be proactive in rate decisions instead of reacting to what others do.
Hotel Group Room Rate
Utilizing the real customer scenarios and key metrics that affect your overall bottom line, ProSolutions will learn, analyze, and report how your group room rates compare with those of your competitors for different sized groups, events, and special functions. With our proven methodology we are able to provide you with the best information with actionable next steps so you are always able to stay ahead of your competition.
Hotel Room Rate Tracking
With our easy-to-read tracking form, ProSolutions allows you to not only review and evaluate the rates at your hotel... but also the rates your competitors are offering for the big upcoming dates that are important to you. We are able to complete this project on an ongoing basis to best facilitate tracking of periodic discounts and increases as the dates of stay approach.
Sales Outlet Pricing
Are your revenue-generating facilities living up to your expectations? Our goal is to uncover the data behind your restaurants, golf courses, spas, and other unique amenities in order to see how you stack up against your competitors. These price evaluations will ensure that you are priced as competitively as possible and aren't getting beat to the punch on the packages you offer.
Learn the types of service and the length of sessions being offered by your competitor's spa facilities. ProSolutions will also gather insights on pricing, products used during sessions, and treatments performed all in a detailed report so you are able to provide the most innovative and competitive spa services to your customers, ensuring they will never forget a stay at your resort.
Real Estate and Timeshare Pricing
Posing as potential buyers, ProSolutions will contact your competitors to determine what pricing options are being offered. Not only do we go above and beyond to provide you the necessary pricing comparison, we will also give a detailed report on the quality of the property, a list of the services, and the level of salesmanship and the techniques used to close the sale.
“We’ve already reviewed, revised, and implemented new pricing and very much appreciate our working relationship. It’s such a well-oiled machine at this point. It’s terrific to find partners that support our business.”
Andrea Knowles-Mondello Director of Hotel Operations, Renaissance Boston Waterfront Hotel