Studying price recommendations in Atomize RMS by Mews

Atomize RMS by Mews

This article consists of the following sections:

Price recommendations

If your property is not on Autopilot you need to accept the price recommendations.

A price recommendation that is awaiting approval is marked in blue throughout the system. To identify dates with price recommendations in the list view, look for the blue dot.

In the calendar view you can either see the recommended price in blue (if there is a recommendation for the room type you are currently studying) or as a blue dot (for other room types).

When expanding a stay date you will see price recommendations in blue, and the current price in grey below. If you have an override in place, the current price will instead be orange.

Price limit reached

The price recommendations in Atomize are designed to always stay within the user-defined price boundaries (configured in the Price hierarchy page or overridden by a price hierarchy override). To help you identify stay dates where your price limits might block potential revenue, icons will be displayed.

For properties on autopilot, the icon will be displayed when the current price hits a limit:

 

For properties not on autopilot, the icon will be displayed when the price recommendation hits a limit:

In the All stay dates list, it is possible to use the filter to find all stay dates where price boundaries are reached, ensuring you can easily identify dates with more revenue opportunities.

Governing price boundaries

In order to better assess price recommendations and current prices, you can view which price hierarchy is governing each stay date and room type, as well as its values. You can see this information in the expanded room type view.

Price insights

In the expanded room type view, you can see the price insight section. This will help you gain a deeper understanding of the price adjustments the system provides.

The section contains the following parts:

  • Price explanation – explanation of why the system suggests a certain price change. These are provided by a generative AI model.
  • Estimated demand vs availability – a value showing estimated demand compared to availability.
  • Selection of historical reference dates – price adjustments are based in part on analyzing data from multiple historical dates.

Price sensitivity chart

To better understand the reasoning behind price recommendations, open the room type and examine the figures and graphs. The price sensitivity chart is especially useful. It visually represents the rationale behind each pricing decision, illustrating revenue and occupancy opportunity based on customers’ perceived willingness to pay. It also shows the confidence level based on available data quality and quantity. The chart updates in real time for customers with real-time optimization enabled.

To learn more about accepting price recommendations, visit the article: Accepting price recommendations

For details on how price recommendations are calculated, visit the FAQ chapter: Price Recommendations FAQ

 

 

Was this article helpful?
00



Feedback