pricing
Price Transparency: Why Hotels Need to Become Choice Architects
The internet created a price-savvy generation of consumers with an increased perceived value of undertaking a price search. NB: This is an article from Triptease Research on price sensitivity combined […]
Expedia’s New Package Approach Could Upend Distribution
The marriage of convenience between hotels and online travel agencies gets rockier whenever one of the partners goes too far to gain the upper hand. Expedia’s recent changes to its […]
Shifting From High Volume Bookings to High Profit Bookings
When it comes to measuring all-inclusive hotel performance, it’s common to look at the occupancy rate alongside other key performance indicators (KPIs), such as revenue per available room (RevPAR), as […]
Airline Dynamic Pricing: Using Advanced Data Science for Optimum Pricing Strategies
As we look at the major trends in the travel industry, one thing is clear – the future of travel retail will become more and more personalized. Airlines want to […]
Revenue Management Adapting to Predictive Pricing Tools
As more guests start to use predictive pricing tools when booking their travel plans, hoteliers are figuring out ways to benefit from this. It’s a constant back-and-forth: Hoteliers will always […]
Hotstats Hotels Performance: MENA, Europe, UK and US (May 2018)
MIDDLE EAST & AFRICA Profit per room at hotels in the Middle East & Africa continued its downward spiral in May as year-on-year GOPPAR levels plummeted by -21.5% as revenue […]
Booking.com No Longer Diverted Helping Hotels Price Their Rooms
Booking.com no longer wants to control the pricing strategies of small to medium hotels but why? Booking Holdings, formerly the Priceline Group, is not alone looking to expand its net […]
Hotel Booking Sites Must Review How They Rank And Display Rooms
Hotel booking sites must review the way they rank and display rooms, the UK’s competition watchdog has said. Some sites may be making misleading claims about discounts, the Competition and […]
Yield Management in Hotels: Key Factor of Revenue Generation
So, let me start with a question. What do you think is the center of each hotelier’s concerns? Is it occupancy? Is it happy guests? (Well, definitely that’s a must!) […]
How to Increase ADR of Your Hotel Business?
Average Daily Rate or ADR is a term that is quite popular among the hoteliers worldwide. NB: This is an article from eZee Absolute ADR plays a great role in […]