Trivago’s new Rate Insights tool gives hoteliers advice on how they should set their rates to make the most profit. The tool taps the company’s pool of data on rate-setting trends in local markets to help hotel general managers and revenue managers forecast pricing trends. The information is derived from 250 booking sites and hotel supplier sites, trends in traveler search volume for a hotel’s region, and a calendar of events (such as concerts and sports matches) that could spike local demand. The tools can be found in the company’s extranet, or online portal, for the more than 300,000 properties worldwide that sell rooms in its marketplace, called Trivago Hotel Manager PRO. Get the full story at Skift and Trivago