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DJUBO launches Foresight - rate intelligence for hotels

Tuesday, September 26, 2017, 13:00 Hrs  [IST]
By HBI Staff | New Delhi

DJUBO recently launched Foresight - rate intelligence for hotels which tracks rates and price trends across all important OTAs globally and India and South Asia in particular. It also presents hotels with valuable insights into their Value Rank in the market on a real time basis. DJUBO has already done 200 hotel signups on the day of launch and intends to take it live to its entire current client base and beyond.

Speaking at the launch of Foresight, Amitabh Tandon, Chief Product Officer of DJUBO mentioned, "DJUBO's client hotels have already been witnessing revenue growth of 30-40% on an average after leveraging our existing hotel tech offerings. With the launch Foresight, our client hotels will now be able to track their competitors and market for foreseeable price and value matrix and take pricing decisions before it’s too late. We power hotels with notifications and alerts to keep them abreast of what’s happening in the market in terms of price movements, sold outs, overall demand indicators and also let them know if a competitor has added an amenity which they are not offering."

Sankalp Goel, Co-Founder, DJUBO added, "Hotels who do active rate and pricing management have traditionally been able to increase their revenues by 10-30%. We feel that there were hardly any products that were built and priced for the long tail hotels. Now that small and medium hotels are also evolving there has been a rising demand for effective market and competitor intelligence data. We are proud to announce that after Starsight's successful launch which was helping hoteliers manage their online reputation, Foresight will now take their revenue management capabilities to the next level. Together Starsight and Foresight form a formidable intelligence suite for hotels who really wish to dominate their market."

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