Where can I view the rates of my competitor properties?

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Below is the step-by-step guide to viewing the rates of your property’s competitor properties:

1. Log in to Your Stayflexi Dashboard:
   • Use your username and password to log in.
2. Go to Revenue Management:
   • After logging in, click the icon with four boxes (more apps) in the top right corner(as shown in Image 1).
   • A dropdown menu will appear.
   • Select “Revenue Management” from the list (as shown in Image 1).
3. Go to Rate Shopper:
   • Click the “Rate Shopper” dropdown [6th option on the left sidebar] (as shown in Image 2).
4. Got to Report:
   • In the dropdown, there are two options:
     • Report
     • Configuration
   • Click on the Report option (as shown in Image 2).
   • This will show the rate comparison table for competitor properties.
5. Filter by Channel and Competitors:
   • In the Rate Shopper report section, you can use the dropdown filters to select specific channels (e.g., Booking.com) or competitor properties from the dropdown filters(as shown in Image 2).
   • If you want to view all competitors across all channels, leave the filters to “All.”
6. View Competitor Prices:
   • The table lists competitors along with their room rates for specific dates (e.g., Oct 23rd, Oct 24th, and 25th 2024).
   • For example, Red Carpet Inn and Suites Monmouth Junction have a rate of $ 103 on Oct 23rd.
7. Check Key Metrics:
   • Below the rate table, important statistics are shown, such as:
     • Average competitor set price: The average rate of competitor properties.
     • Lowest competitor set price: The lowest rate among competitors.
     • Your BAR price: Your best available rate (BAR) on the same days.
     • Deviation from Average and Deviation from Lowest: These show how your rates compare with competitor averages and the lowest competitor price in percentage terms.
8. Download the Report (Optional):
   • If you need a detailed offline report, click the Export CSV button in the top-right corner to download the rate comparison data as a CSV file.

By following these steps, you can effectively track and compare your property’s pricing strategy with competitor properties in real time.