pricing
Avoid Empty Rooms: How to Attract and Manage Last Minute Bookings
Last minute bookings enable you to fill rooms that otherwise go unsold, so it’s worthwhile to create a strategy for them. Use these tips to get started!
The Olympics Effect: Insights on Paris Hotel Impact
Pricing data suggests that the business influx from the 2024 Olympics will extend beyond Paris to other French cities
The Value of Automated Pricing for Independent Hotels
This discussion recognises the challenges faced by independent properties in managing pricing strategies manually and how automated pricing systems can help
Open Pricing: Reviving Hotel Revenue Management
Using an open pricing strategy allows hoteliers and revenue managers to spend less time loading rates and more time uncovering new business
The Impact of Online Reputation on Hotel Revenue
While luxury hotels show promising trends in their online reputation, there is a clear indication guests are sensitive to the price of additional services
The Next Paradigm Shift in Hospitality Revenue Management
Just because an RM system bears an AI moniker in its marketing doesn’t suddenly turn it into a revenue management silver bullet
Navigating Seasonal Dynamics: How an RMS Empowers Seasonal Hotels
Here is how RMS can specifically cater to these challenges, underscoring their importance in the strategic management of seasonal hotels
Maximizing Total Profitability: Transitioning from RevPAR to RevPAG
In the ever-evolving landscape of the hospitality industry, transitioning from RevPAR to RevPAG is not just a trend; it’s a strategic imperative
Discounting Isn’t Always a Bad Strategy, But You Might be Doing it Wrong
Discounting has a bad rep, but it’s time to set the record straight. When used strategically, it can boost revenue, attract new guests and enhance loyalty
Price Oscillation: Unraveling the Pendulum Effect on Hotel Rates
Average daily rate per room values has experienced greater growth in the last 3 years, but will price continue to grow rapidly? Will there be a correction?