pricing

Unlocking Efficiency and Revenue: Deep Q-Learning
In revenue management, the search for optimal pricing strategies is perpetual. Traditional supervised learning models have limitations, especially when historical data is sparse

Revenue Management From The Hotel Owner/Operator Perspective
There are many benefits of implementing a data-based revenue management practice at a property, especially for the owners/operators

Reputation Pricing: How to Use Your Reputation to Increase Rates
The goal of reputation pricing is to understand perceived value and increase it over time. This process involves revenue managers, marketing and operations

Boost Tour Operator Business With Effective Revenue Management
Today we look at how hotels revenue manage tour operator business, or, more accurately, how they don’t revenue manage this business segment
Power of Combining Dynamic Pricing and OTA Ranking Optimization
Adopting dynamic pricing in your hotel, involves a strategic approach to price setting, inventory management, and online visibility on OTAs
Beyond Room Rates: A New Era with Attribute Based Selling
Here is a look at Attribute Based Selling from both the guest and hotelier point of view, as well as challenges and benefits of implementing such a strategy
Proven Tips to Increase Restaurant Revenue and Profitability
Many industry sources share that an average restaurant has a profit margin of about 7% but recognize yours can fall anywhere between 0-12%
Endless Choices for Guests to Find the Perfect Hotel Stay
Switching from old methods to focusing on guests means tailoring what you offer to their likes and what they’ve done before
How to Build a Subscription Model for Hotel Stays
In the context of the hospitality industry, a subscription model means offering guests a package where they pay a fixed amount to enjoy a set number of stays or services […]
Luxury Hotel Marketing: 5 Key Strategies to Succeed
The first thing many people think about luxury hotels is price, but the art of content marketing is to shift focus away from cost and onto the experience