pricing

stopwatch and dollar bills illustrating the cost of waiting too long to bring in a revenue management consultant

The Cost of Waiting Too Long to Bring in a Revenue Consultant

The most dangerous thing about delayed revenue management intervention is that the losses don’t appear anywhere obvious

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person conducting a google search maybe for hotels and waiting to see if the price drops using the new google price tracking feature

Google Has Turned Hotel Pricing Into a Waiting Game!

With its latest update to Google Hotels, Google introduced hotel-level price tracking, a feature that allows travellers to receive alerts when prices drop

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increasing piles of coins reflecting the drivers of revenue management in the future

The Four Drivers of Revenue Management in the Future

The revenue management challenge is complex: How can I identify demand earlier, how can I increase visibility, how can I make my offerings more relevant

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Guests Do Not Want your Random Offers

When every guest receives the same offers, hotels inevitably create a barrier between what they are trying to upsell and what guests actually value

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How Airline Dynamic Packaging Helps Improve Margin and Yield

Dynamic packaging can generate 3 to 5x higher cart value than flight-only bookings. That level changes how airlines can think about the transaction

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Mobile Only Pricing: What It Means And How Hotels Can Use It

Mobile only pricing on most OTAs applies specifically to app users, not to guests browsing the OTA’s website on a mobile browser

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“How Do We Sell More Rooms?” Is the Wrong Revenue Question

Sit in any revenue meeting and you’ll hear the same conversation. Occupancy. ADR. RevPAR. Metrics that served us well for years. But they’re incomplete

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Why Rate Shopping Alone Is Costing You Revenue

Rate shopping only tells you what competitors are charging, not why they are charging it or what demand conditions are shaping those decisions

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coloured strands coming together to make the shape of a head reflecting the impact bad data can make to ai and the cognitive surrender that seems to be happening

Bad Data + Cognitive Surrender: The Emerging Enterprise AI Threat

If the underlying data is fragmented, outdated, inconsistent, duplicated or biased, AI systems will inevitably reproduce and amplify those weaknesses

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the words competitive pricing written out illustrating the importance for hotels to prepare their pricing strategy for the upcoming holiday season

When Competitive Pricing Becomes Competitive Guessing

Too often, hotels fall into a cycle where pricing decisions are driven almost entirely by what competitors are doing at any given moment

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