1. Knowledge Base
  2. Pricing Algorithm

What options do I have for setting the price algorithm?

In order to have more control over the pricing, happyhotel can incorporate additional factors or individual rules into the pricing. With Rate Shopper, you can monitor your competitors and gain valuable insights into market demand and your competitors' prices. Using individual events, price strategies or limits (maximum and minimum prices), you can regulate the price algorithm and adapt it precisely to your current needs.

If your segments differ greatly or if you have a very large hotel, yielding can also be realised for individual inventory groups or rate groups. As a hotelier, this gives you customised price suggestions for individual segments and enables you to achieve a separate forecast of demand.