Expedia has launched its revenue management tool Rev+ to the UK market.
The tool is designed to help hotels manage their rates and properties to optimise revenue and comes at no added cost to Expedia’s hotel partners.
Benoit Jolin, vice president of Expedia’s global product said: “We’re going through an exciting period of evolution at Expedia, providing partners with more technology services and product offerings.
“Our hotel partners see value in the data we provide and have expressed a need for additional support, insights and access to greater intelligence to help them more effectively refine their revenue strategy and make informed business decisions in less time. Rev+ was created from this feedback, along with months of testing that informed the first version of the product.
“Rev+ is the start of our Revenue Management capabilities from which we will continue to build and enhance according to our partners’ feedback.”
Features include a price calendar, market alerts, a daily snapshot and a competetive price grid.
All data and insights provided by Expedia PartnerCentral can be customised to give hotels relevant feedback.