Revenue Glossary​

Price Comparison Widget

📘 What is a Price Comparison Widget?

A Price Comparison Widget is a tool that displays the hotel’s direct rate alongside prices available across other distribution channels, such as OTAs, in real time.

Its purpose is to provide transparency during the booking journey and help guests quickly compare where they can book the same room, for the same dates and conditions, at the best value.

Depending on the solution, the widget may also display:

  • price differences,
  • exclusive direct booking benefits,
  • availability,
  • meal plans,
  • cancellation policies,
  • promotions,
  • savings messages.

✅ Why is a Price Comparison Widget important?

  • Builds guest confidence during the booking process.
  • Encourages direct bookings.
  • Demonstrates pricing transparency.
  • Highlights the benefits of booking directly.
  • Reduces booking abandonment to third-party channels.
  • Helps expose potential rate disparities.

💡 Practical example of a Price Comparison Widget

A guest visits the hotel’s official website to book a room.

The widget displays:

  • Official Website: £145 including breakfast.
  • OTA A: £145.
  • OTA B: £152.

It also highlights that direct bookings include flexible cancellation and complimentary late check-out.

The guest decides to complete the booking on the hotel’s website.

🔄 Disambiguation of Price Comparison Widget

  • Price Comparison Widget vs Rate Shopper:
    A Price Comparison Widget is designed for guests during the booking process.
    A Rate Shopper is a Revenue Management tool used internally to monitor competitors.
  • Price Comparison Widget vs Rate Parity Software:
    Rate Parity Software monitors rates to detect pricing inconsistencies.
    A Price Comparison Widget displays rate comparisons to guests as a conversion tool.
  • Price Comparison Widget vs Metasearch Engine:
    A metasearch engine compares prices across multiple hotels.
    A Price Comparison Widget compares prices for the same hotel across different booking channels.

In summary: A Price Comparison Widget = a conversion tool that reassures guests they are booking the best available rate directly with the hotel.

👉 Show guests that booking direct can also be the best deal.

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