Event-Based Pricing
Automatically detect and capitalize on local events.
What is Event-Based Pricing?
Event-based pricing automatically detects local events—concerts, conferences, sports games, festivals—that drive hotel demand. RateLoft adjusts your pricing to capture this demand, ensuring you never miss revenue opportunities from events near your property.
How It Works
- 1
Our system monitors event databases, ticketing sites, and local calendars.
- 2
AI estimates the demand impact of each event based on historical patterns.
- 3
Pricing recommendations automatically factor in event-driven demand.
- 4
Lead time optimization ensures you capture early bookings at appropriate rates.
- 5
Post-event analysis improves future predictions for similar events.
Benefits
Never Miss Events
Automatic detection means no event goes unnoticed.
Demand Capture
Price appropriately for high-demand periods.
Historical Learning
AI remembers how similar events impacted demand.
Lead Time Optimization
Maximize revenue throughout the booking window.
Who Is It For?
- Hotels near stadiums and arenas
- Properties close to convention centers
- City center hotels affected by cultural events
- University area hotels during graduation seasons
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Ready to Try Event-Based Pricing?
Start your free trial and see how event-based pricing can transform your revenue.