pricing
Tracking Competitor Mobile App Rates is a Must for Price Strategy!
At a time when mobile phones had already made deep inroads into the lives of the people, the advent of mobile internet started creating revolutionary ripples worldwide. The hospitality industry […]
Which came first: the forecast or the price?
This is right up there with the philosophical riddle, “which came first, the chicken or the egg”. As a metaphor it provides lively conversation and debate, even when the answer […]
What’s Happening with Rate Parity in the Hotel Industry?
Recent developments in legislation throughout the world have made rate parity an important topic in the hospitality industry. But despite its frequent appearance in the news, rate parity remains a […]
Profit Rise Provides Welcome Respite for Hotels in the Middle East & Africa
Hotels in the Middle East & Africa recorded a 6.6% year-on-year GOPPAR increase in August, which was only the third month this year in which profit growth has been achieved, […]
Tourist Cities Lead Profit Growth for Hotels in Europe
Hotels in Europe recorded an impressive 7.1% year-on-year increase in GOPPAR this month, with the growth led by a number of key tourism destinations, including Dublin and Barcelona, according to […]
Dubai hotels should collaborate in establishing minimum price parameters
Hotels in Dubai should seriously collaborate in establishing minimum price parameters across the sector while adapting flexible pricing strategies to continue providing consumers with freedom of choice, a panel of hoteliers revealed during a discussion […]
Improved strategic understanding needed for hotel pricing
The issue of UAE hotels dropping rates could be due to a combination of a reactive response to market forces, lack of understanding of the hotel’s overall strategy in relation […]
Different ways hotels can achieve optimal pricing positioning
Neil Corr, IDeaS senior advisor in EMEA, discusses the different ways today’s hotels can achieve optimal price positioning and business mix. In the volatile world of hospitality, what are some of the […]
The importance of the distribution channel in yield management
The hospitality industry is one of those industries where the people running the show of hotel business cannot lay back and earn easy revenues. Revenues of a hotel may fluctuate […]
Ideal Pricing for a Hotel’s Ideal Revenue Management Strategy
One of the most important decisions that every hotel organization needs to make is establishing their optimal public pricing structure. For some hotels, this can be an overwhelming challenge – […]