pricing

If you think the benefits of dynamic pricing outweigh the challenges, here are tips to help you apply this strategy and enhance your competitive advantage

Strategic approach to TT.OO. management can be the difference between a hotel that is content with its revenue or one that thrives in a competitive sector

Learn how to apply three key yield management tactics to optimize your hotel’s pricing strategy. Increase your revenue and occupancy with data-driven insights.

In the past, we looked at optimal occupancy to help maximize profits. Now, we have multiple available data sets that enhance revenue management strategies

Some of the most effective pricing strategies can be grouped into two categories: dynamic pricing and promotional techniques

Price skimming involves setting a high initial price with the understanding it may not attract maximum number of guests but generates significant revenue

Maximizing profitability in the hotel industry requires more than a broad understanding of revenue management; it demands a strategic, step-by-step approach

Given the unpredictability of the current market, it’s key that hotels update their pricing based on the current supply and demand on a regular basis

The difference between a revenue manager and a revenue sleuth is more than just their focus; it’s their approach to maximizing value

Average rate index (ARI) is a metric that hoteliers can evaluate performance of their room rates relative to a group of competitors during a specific period