TrustYou Meta-Review™ Data Now Integrated Into Dozens of Revenue Management Systems To Improve Forecasting and Increase RevPAR for Hotels
New York, NY and Munich, Germany – March 31, 2015 – TrustYou announced today that its Meta-Review™ API, which offers structured review data for more than 400,000 hotels in 30 languages, has been integrated into many leading revenue management systems, including Rainmaker, PriceMatch, IdeaS, and EasyRMS. TrustYou’s Meta-Review API allows revenue management software providers to incorporate review data to allow hoteliers to make more-informed pricing decisions.
“Hotel property reviews influence a traveler’s hotel selection and relative price sensitivity,” said Amar Duggasani, Chief Strategy Officer of Rainmaker. “The TrustYou solution factors reputation into our pricing and revenue management technology delivering a deeper layer of results for our customers.”
The Meta-Review API offers scores and text summaries derived from a semantic analysis of all verified reviews worldwide. Every Meta-Review™ consists of a TrustScore™, a hotel type ranking (e.g. top 5% family hotel in New York) and review sentiment scores/summaries. TrustYou’s revenue management partners can choose to incorporate any and all data points that they deem most impactful on pricing.
“Travel opinions have a huge impact on determining what a guest is willing to pay for a hotel. In a recent study, we found that 76% of travelers are willing to pay more for a hotel with better reviews. By using TrustYou’s Meta-Reviews™, revenue management companies will be able to improve their technology and ultimately increase revenue for their hotel partners,” said Benjamin Jost, CEO of TrustYou. “We are excited about these partnerships and look forward to working together with many of the leading revenue management companies.”
For more details about TrustYou’s Meta-Review API, contact [email protected].
