💡 myrate is a revolutionary tool in the tourism sector, offering not just historical data but also forward-looking analyses. It enables a broad range of tourism stakeholders – from individual lodging businesses to entire regions – to make informed decisions based on accurate and relevant data. What can myrate do? ➡️ Myrate presents a market overview grounded in predictive data from online-reservable businesses, spanning 365 days into the future. ➡️ It compares lodging businesses in one region or city with 2-4 other desired regions. ➡️ This includes hotels, vacation homes, chalets, campgrounds, and farms. Benefits of myrate: ➡️ Data-Driven Decisions: Assists tourism businesses in making decisions based on data rather than just experiences or assumptions. ➡️ Time Savings for Hotel Developers: Immediate market insight, invaluable data related to pricing structure, location selection, and forward-looking views. ➡️ Support for Destinations: Insights into when and how to promote regions, direct guest flows, and analyze spontaneous events. ➡️ Valuable Tool for Lodging Businesses: Offers recommendations for revenue optimization and insights into how their category compares with other regions. This also gives smaller businesses access to revenue management expertise, enhancing the value of their services. Target Audiences of myrate: ➡️ Tourism Businesses: Those wanting to make data-driven decisions. ➡️ Hotel Developers: Seeking a rapid and comprehensive market overview. ➡️ Destinations: Looking to optimize their promotional strategies and share with lodging businesses. ➡️ Lodging Businesses of All Sizes: From small farms to large hotels, aiming to maximize their revenue.
