pricing
Is The Price Right When Comparing Different Reservation Channels
The business of hotels has always been of selling rooms. Some of us might still remember a time hotel rooms had to be reserved through a travel agency, by phone […]
All-Inclusives Profitability Secret Sauce: Understand Total Guest Value
The evolution of all-inclusive resorts reads a lot like the fairytale of Cinderella. From humble beginnings catering to a dollar-stretcher crowd – with mediocre buffet food, mid-level accommodations, and events […]
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 […]
