Question 1

What is hotel repricing?

Accepted Answer

Hotel repricing is the process of automatically monitoring existing hotel reservations for price drops and rebooking the same room at a lower cost. Pruvo’s AI-powered solution allows bedbanks, OTAs, travel agencies, and TMCs to increase their profit margins on hotel bookings that were already sold, without changing the customer’s itinerary.

Question 2

How does Pruvo help travel companies increase hotel booking profits?

Accepted Answer

Hotel prices tend to drop AFTER reservations are made.  Pruvo is an AI-driven solution that increases your profitability by rebooking the exact same hotel room for a lower price.

Question 3

How does Pruvo integrate into our system?

Accepted Answer

Pruvo will integrate directly into your existing API and back office, whether it be an in-house API/back office, or, a 3rd party API/back office.

Question 4

How does Pruvo actually work?

Accepted Answer

Pruvo integrates with your booking platform or providers, automatically imports recently made reservations and monitors their prices until the check-in date.   Once a lower price is found, Pruvo will re-book the exact same room and will take care of all the logistics. You get to enjoy higher margins with no hassle.

Question 5

Can Pruvo rebook group reservations?

Accepted Answer

Pruvo only rebooks FIT reservations.

Question 6

What is the difference between Pruvo and Mize?

Accepted Answer

The main difference is in results. Many of Pruvo's current customers are ex-Mize customers who saw at least 50% better results using Pruvo.

Question 7

What is needed in order to have Pruvo integrate into our system?

Accepted Answer

We need to get you API documentation with credentials for accessing it (test and live credntials). In order for us to be able to update the information on your back office - We need to update the back office with the new reservation details without notifying customer (this can be achieved in multiple ways and it will be better to add someone from our tech team).

Question 8

Does Pruvo charge for rebooked reservations that were canceled by the customer?

Accepted Answer

No, Pruvo only charges for rebooked reservations that were consumed (not canceled by the customer).

Question 9

How much does it cost to implement Pruvo's repricing service?

Accepted Answer

Pruvo does not charge any monthly maintenance fee or any setup fee. The only thing we charge is a revenue share fee from the increased profit generated by Pruvo.

Question 10

Which types of travel companies benefit from hotel repricing?

Accepted Answer

Pruvo is designed for bedbanks, OTAs, travel agencies, TMCs, consolidators, and hotel booking engines that source hotel bookings from bedbanks. Any company working with multiple hotel suppliers and wholesalers can generate significant incremental profit using repricing.

Question 11

Do customers see any change in their booking?

Accepted Answer

No. The customer’s reservation details (hotel, dates, room, cancellation policy) remain identical. The only change happens in the back office — the booking is fulfilled at a lower cost, which increases your margin.

Question 12

Is Pruvo’s repricing solution fully automated?

Accepted Answer

Yes. Pruvo’s system is API-driven and fully automated. Once integrated, it works in the background — continuously repricing hotel bookings without requiring manual effort from your team.

Question 13

How is Pruvo different from traditional revenue management or dynamic pricing tools?

Accepted Answer

Revenue management and dynamic pricing help you set prices before a booking is made. Pruvo focuses on the post-booking stage, where most travel companies leave money on the table.

Question 14

Can Pruvo help with customer retention?

Accepted Answer

Yes. Since repricing allows agencies to increase profitability without raising prices, companies can keep rates competitive while maintaining and even improving customer satisfaction.