pricing
Competitive Hotel Rates: An Economic Perspective
Competitive hotel rates aren’t just about being cheaper than competition. It’s knowing your value, understanding your guests and pricing with purpose
Crunching the Numbers: Is Your Promo Really Profitable?
Here’s how to crunch the numbers before and after a promo to see if it actually worked – or just boosted volume at a cost
Aggressive OTA Pricing Strategies Affect Independent Hotels
When comparing the hotel direct rate to best available OTA offer, we see in 75% of cases at least one OTA displays a lower price than brand website
Hospitality Data: How to Use it to Increase Revenue for Your Hotel
By embracing data driven decision-making, you can achieve revenue growth that is more than just a number, it is your commitment to guest satisfaction
Hotel Revenue is About to be Transformed by AI. Are You Ready?
For hotel general managers and revenue managers, the message is clear: success and profitability depends on embracing systems that are built to learn
Do Not Discount: Attract Low-Season Guest With Their Needs
The guest perspective unveils a strategic opportunity for hotels, which might traditionally view the arrival of low season with some uncertainty
3 Ways to Reward Guests for Booking Direct
You could offer enticing, direct booking only perks – like free parking, welcome drinks, early check-in, or even exclusive rate discounts
The $6 Billion Hotel Revenue Opportunity
The revenue from short stays can range from 60% to 70% of the night price, creating a compelling financial incentive for hotel operators
Room Night Stay Pattern: The Undervalued Revenue Driver
Selling out too quickly on peak night will cost you more revenue from the empty shoulders than selling a group rate that is too low
Beyond Hotel Price: Reimagining the 4Ps for Differentiation
Many hotels default to price competition because their offering is undifferentiated. When everything looks the same, what else is there than price
