pricing

While yield management increases revenue, it has more benefits that can improve operations and help businesses run more smoothly. For example:

From optimizing revenue to enhancing guest experiences, a well-structured inventory management strategy is essential

Integrating revenue management strategies with hotel operations creates a significant opportunity to improve hotel profitability

We examine risks of having a myopic focus on RevPAR and explore how a balanced approach can lead to long-term success and customer satisfaction

Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships

Automated pricing systems have involuntarily joined forces with the OTAs to drive down the price, leading to the commoditization of hotels

The best advice for responding to negative reviews about price is to be timely. Response times need to be less than 24 hours

Strategic use of competitive hotel rates in revenue management is a powerful tool to drive revenue growth and foster business development

ABS is a revelation because it solves both the Labor and the Product problems that come with hotel stay personalization

The key to dynamic pricing is understanding when to offer the right upgrades during the booking process and how to value them at the moment