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> i want a check list for a platform room rate check
i want a check list for a platform room rate check
Preparation Phase
Gather all relevant documentation, including contracts and agreements.
Collect signed contracts with the platforms.
Include any amendments or addendums.
Gather pricing agreements and terms.
Review cancellation and refund policies.
Ensure all documents are current and valid.
Identify the platforms to be checked (e.g., Airbnb, Booking.com, Expedia).
List all platforms currently used.
Research any new or emerging platforms.
Check for regional or niche platforms.
Verify account access and login credentials.
Prioritize platforms based on market presence.
Compile a list of properties and their respective room types.
Create a spreadsheet with property names.
Include room types offered for each property.
Note any special features or amenities.
Ensure accuracy of property locations.
Update any recent changes to the listings.
Data Collection
Access each platform and log in to the respective accounts.
Search for each property and room type.
Record the displayed rates for each room type.
Note any special promotions or discounts being offered.
Rate Comparison
Compare rates across different platforms for the same room type.
Identify discrepancies in pricing.
Check for additional fees (e.g., cleaning fees, service charges).
Market Analysis
Research competitors in the same area and compare their rates.
Analyze seasonal pricing trends and occupancy rates.
Evaluate the impact of local events or holidays on room rates.
Reporting
Compile findings into a clear and concise report.
Highlight significant discrepancies and trends.
Provide recommendations based on the analysis.
Follow-Up Actions
Schedule a meeting to discuss findings with relevant stakeholders.
Implement any necessary adjustments to pricing strategies.
Set a reminder for the next rate check to ensure ongoing monitoring.
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