ITSYS Solutions: Integrated Price and Review Monitoring System to Maintain Price Parity
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In this competitive world, the price war among the businesses in the travel and hospitality industry has reached new heights as different online channels and OTAs have started offering different rates to gain advantage over other players in the industry. The price disparity wherein some third party offers lower prices for the same service eventually leads to the loss of trust thereby adversely impacting the bottom-line of hotels. So, it has become imperative for hotels to encourage direct bookings and evolve new direct-sales strategies to increase their revenues by minimizing the impact of rate disparity. This is where ITSYS Solutions has positioned itself in the industry by helping hotel businesses address the challenges of price disparity and improve direct bookings through optimal pricing.Facilitating Decision Making with Continuous Data Feed
ITSYS Solutions, a New Delhi headquartered company specializing in Web Data Scraping offers a fully managed Price & Review Monitoring System for the travel and hospitality industry to help businesses become agile and make informed decisions. The solution enables hotels, travel, and rental agencies to monitor prices of their offerings and compare them with that of their competitor’s prices across multiple OTAs and channel partners. It provides critical data to help the organization ensure rate parity across channel partners. Businesses can quickly identify the competitors offering huge discounts deviating from contract pricing and accordingly plan their pricing strategy. The solution also keeps track of customer feedback on different channels and websites and allows the establishment to stay updated about the customer opinion and respond in a timely manner.
“Our solution is fully automated and managed by our in-house team demanding no human intervention. We provide our clients with highly accurate and reliable data about the prices from different online travel agencies and web portals in the form of a continuous feed to help them analyse the data and evolve optimal pricing strategies depending on the price fluctuations and customer reviews across multiple OTAs and channel partners websites. Our solution is highly scalable and customizable to meet the unique requirements of each organization. The data is delivered in a format that allows the client’s market research team to quickly identify the market trends and outline strategies to stay ahead of the competition,” informs Vibhu Bansal, Director and CEO, ITSYS Solutions.
Extracting Data from Multiple Channels
Leveraging the Data Mining and Web Scraping technologies, Price & Review Monitoring System provided by the company extracts data from various direct and indirect marketing channels and enables businesses to maintain rate parity. The solution caters to the needs of vacation rental aggregators by extracting pricing data from small agents to create a single data feed. ITSYS Solutions also provides Data Mining and Web Scraping services for various industries including Airline, Vacation Rentals, Shipping, Car Rentals, Automotive Aftermarket, Fuel Retailers etc.
Our solution is fully automated and managed by our in-house team demanding no human intervention. It is highly scalable and customizable to meet the unique requirements of each organization
Extracting Data from Multiple Channels
Leveraging the Data Mining and Web Scraping technologies, Price & Review Monitoring System provided by the company extracts data from various direct and indirect marketing channels and enables businesses to maintain rate parity. The solution caters to the needs of vacation rental aggregators by extracting pricing data from small agents to create a single data feed. ITSYS Solutions also provides Data Mining and Web Scraping services for various industries including Airline, Vacation Rentals, Shipping, Car Rentals, Automotive Aftermarket, Fuel Retailers etc.
