pricing

The principle that “all revenue is created locally” is a compelling rationale for leaning towards decentralization for hotel revenue-generating functions

While AI and natural language models like ChatGPT are still in their early stages, it’s already worth exploring the benefits they offer

How do you balance the expectations of guests – and what they’re willing to pay – with effective sustainability practices that work towards real change?

Far more than just a room booking, a hotel package aims to provide a holistic experience, often at a discounted rate compared to each element separately

The right approach for your property will depend heavily on factors like proximity to an Olympics venue, guest needs and revenue generating services on site

Where consumer expectations and industry landscapes continually evolve, sticking to a single-dimension strategy like an RMS for room revenue is insufficient

Dynamic pricing is like a chameleon for prices, changing to match what’s happening in the world around it. It’s about finding the right price at right time

Customization, engagement, and innovation are your greatest allies. Embrace them, and watch your bookings soar to new heights

Poor inventory management can result in higher operational costs, inefficient use of resources and lost revenue opportunities

Why are hotels still assigning rooms to guests rather than letting them choose the room they want? Booking a hotel room shouldn’t feel like a gamble