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All Collections3. Managing Prices in FLYR Hospitality
Understanding the AI Price History Curve
Understanding the AI Price History Curve

Learn how to leverage the historical AI Price curve in the Quick View.

Maria Garbea avatar
Written by Maria Garbea
Updated over 3 weeks ago

The AI Price history curve provides a clear and transparent view of how FLYR would have priced your inventory without manual user influence. Accessible in the Quick View, the historical AI Price empowers you with valuable insights into the historical AI Price, helping you make well-informed pricing decisions.

Two Overarching Pricing Strategies

Let’s explore the two primary pricing strategies at your disposal:

  • AI Price - The AI’s recommendations take the lead, providing an automated and streamlined pricing process.

  • Influenced Price - Influencing the AI pricing strategy is as simple as making a manual price change to your preferred price point, fostering a collaborative approach between your strategy and the AI. Depending on your manual price changes, the AI adapts its strategy.

Switching back to AI Price is straightforward. For a single date, you can apply the AI Price in the Quick View, which removes any manual influences. For multiple dates, you can highlight a range of cells in the AI Price view and click "Apply AI Price" in the footer to revert for multiple nights simultaneously.

AI Price History Curve

The AI Price history curve shows how FLYR would have priced a specific stay night without user influence during the 90 days leading up to that night. For each update date, the curve displays the last optimized price for that specific lead time. By comparing the historical AI Price with the historical current price, you can better understand pricing decisions and see how your manual adjustments have influenced the pricing strategy. This transparency builds trust in FLYR's pricing and enables more informed decision-making, helping you optimize your pricing strategy.

The full history of the AI Price curve has been recorded since mid-December 2024. For newly created inventory groups, history begins from the group’s creation date or the date optimization was enabled. As a result, newer inventory groups will have shorter historical curves compared to older ones.

Frequently Asked Questions

What is the difference between AI Price and Influenced Price? AI Price is fully automated and driven by the AI's recommendations, while Influenced Price incorporates your manual price adjustments into the AI's ongoing pricing strategy. Learn more

Can I switch between the strategies? Absolutely, you can switch back to AI Price anytime by applying it in Quick View or via the Pricing table for multiple days, learn more here.

Why can’t I see the full 90-day history in the AI Price curve? FLYR started storing AI Price history in mid-December 2024. Historical data is only available from this point onward or the date when a new inventory group was created.

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