Overview
The Partner Prices section enables real-time comparison between price levels, availability, and restrictions configured in the Channel Manager versus the actual values live on external channel extranets.
Primary Use Cases
- Rate Parity Monitoring: Auditing price consistency across external booking platforms.
- Inventory Verification: Confirming that allotments in the Channel Manager align with external extranet availability.
- Algorithm Auditing: Monitoring hotels where external channel algorithms (e.g., dynamic pricing adjustments) are active.
- Decentralized Allotments: Essential for properties not utilizing centralized allotment functionality to ensure manual updates are accurate.
Key Technical Functions
- Data Synchronization: Compares internal Channel Manager data with fetched extranet data.
- Restriction Tracking: Monitors "Closed to Arrival," "Closed to Departure," and "Minimum Stay" parameters.
Conflict Identification: Highlights discrepancies in pricing or inventory that require manual intervention.
Core Entities and Definitions
| Term | Definition |
|---|---|
| Partner Prices | A module for cross-referencing Channel Manager settings with external channel extranets. |
| Extranet | The administrative interface of a third-party booking channel (e.g., Booking.com, Expedia). |
| Allotment | The specific number of rooms pre-allocated to a sales channel. |
| Restrictions | Specific booking rules (Min Stay, CTA) that limit how a rate is sold. |
Report Generation Process
- Access Module: Navigate to the Partner Prices section within the Channel Manager.
- Select Parameters: Choose the specific Partner (Channel), Date Range, and Room Types for comparison.
- Execute Fetch: Initiate the report generation to pull live data from the external extranet.
Review Discrepancies: Analyze the output for mismatches in rates, inventory levels, or active restrictions.
