Okay, so we’ve all heard of Rate Shoppers, but have you heard of a Rate Shopper for corporate rates? Keep listening to this discussion to hear more.
What are the advantages of hotels levying an energy flat rate surcharge and what are the dangers that should be considered?
Setting prices on your rooms and services doesn’t count as a pricing strategy. It is how you mould your prices according to market scenarios and guests
You may need a different comp set for different market segments and specific need periods as markets continue to grow and change
How much are you losing by not controlling your prices and allowing other channels to sell cheaper than you do on your own website?
Within the field of revenue management new AI-based solutions can provide live market intelligence, help hoteliers optimize and even price automation
Can benchmarking help losers take action and create a plan to beat the competition, or distract the team from creating a strategy that could be a winner?