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RateOpt is an automated price optimization tool based on online pricing. The platform informs the subscribed hotel owners of changes in prices of their competition per room per night and suggests the best price in order to maximize revenues both in a tactical responsive way and a forward looking way through advanced predictive analytics encompassing local events, airline ticket pricing, completion rates, macroeconomic data and local newsfeed. This applies to both small hotels and large Groups with sophisticated pricing teams. In addition, RateOpt is now expanding to other industries like Food and Beverage, Car Rentals, etc.
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