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The Calendar and its views



 


THE CALENDAR AND ITS VIEWS 

 

Choosing the Rate, Room and its policies

On RateIntelligence, you can choose up to 4 views from the calendar, on the upper left side of your screen:



  • Lowest Rate Available: This will display the lowest available rate for all the rooms that are available for you and your 5 competitors. RateIntelligence will filter this information dynamically considering the following:

a) All room types, for you and your competitors
b) All room occupancies
c) All rate policies (refundable, non refundable, with and without deposit)
d) All minimum night restrictions 

 

  • Non Refundable: This will display the non refundable rates for all the room types available for you and your competitors. This option will dynamically consider:

a) All room Types, for you and your competitors
b) Occupancy >2
c) Only non refundable rates
d) All minimum night restrictions

 

  • Refundable: This will display the refundable rates for all the room types available for you and your competitors. This option will dynamically consider:

a) All room Types, for you and your competitors
b) Occupancy >2
c) Only refundable rates
d) All minimum night restrictions

 

  • Additional Room: You can create an extra view by adding a specific room and rate type (e.g. Double room, 2 guests, refundable, breakfast included, no deposit required) in order to be able to compare equivalent rates in a more precise way. Go to Settings ? Views. Once you have saved your room and rate types go ahead and map them to your competitors’ matching rooms. 

 

Calendar Overview




 

What is displayed on each day of the calendar?

a) Your Booking.com rate: based on your view (lowest rate, refundable, non refundable).

 

b) Competitors' median price:

What is the median price? It is literally the price in the middle of a compset of competitors. In case there are two median prices, we will calculate an average of price 1 and price 2: 

Why the median price? Because it is a more accurate way to identify what the prices are by excluding any extreme high or low prices, which will ultimately affect prices in case it was calculated as an average.

C) Market Demand Forecast: On each day of the calendar you will be able to see a forecasted demand for the next 360 days.

It’s a forecast of number of bookings that Booking.com will receive, for the city of your Property. The longer the bar is, the higher demand we forecast based on Booking.com's reservations at your city.

 

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