Beacon
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Rate Radar is a hotel rate shopping tool that tracks competitor pricing across 365 days. It monitors up to 5 competitors alongside your own property, updating rates daily from OTA sources. The tool includes rate parity monitoring to detect pricing discrepancies across booking channels, room type mapping for accurate comparisons, and 30-day historical pricing data. Rate Radar generates prioritised alerts called Signals that flag competitor price changes, availability shifts, and market opportunities. The tool includes custom data exports by date range and conditions, and is available as a standalone product with a 7-day free trial. No credit card is required to start. Rate Radar is part of the Beacon hotel revenue management platform, which also includes automated pricing, demand forecasting, and business intelligence modules.
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What is Beacon?
Beacon is a technology vendor that specializes in cloud-based solutions designed to enhance business operations and improve customer engagement. The company offers a range of tools and services that focus on data management, analytics, and automation, enabling organizations to streamline processes and make informed decisions. Beacon's platform is geared towards helping businesses leverage their data effectively to drive growth and optimize performance.