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pricing

Why Should The Hotel General Manager Care About Forecasting?

There are so many benefits from forecasting in hotels, there should be no doubts about why hotels should forecast. Here is a comprehensive list of benefits

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youtube video thumbnail image with pontus berner of berner+becker talking about the germna hotel market and whether summer 2023 will be positive

Is Summer 2023 Looking Positive for German Hotel Market?

In today’s discussion we take another look at the German hotel market as Pontus reviews Winter 2022 and looks ahead to the Summer season coming up

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shopping cart with different purchases reflecting attribute based selling (abs) and how hotels could benefit from adopting retail best practices

With ABS Hoteliers Can Leverage Retail Best Practices

Your guests want more control. When it comes to their hotel stay, ABS (attribute-based selling) offers the same retail style customization they are after

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boost hotel revenue with creative yield management strategies

Yield Management vs Revenue Management: What is the Difference

If I already have a yield management solution (either as a stand-alone or built into my PMS), why do I need a revenue management system?

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How AI Revenue Management Can Help Ensure The Price is Right

In the hyper-competitive hospitality market, hotel pricing must be more strategic. Fortunately, this is where AI revenue management comes in

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letters spelling out the word pricing highlighting the importance of hotel forecasting and how to plan and price more strategically by predicting demand

Why You Need Rate Parity in Your Hotel Pricing Strategy

Whether you rely on attribute-based pricing or demand-based pricing, it’s important to find a balance between direct bookings and bookings via OTAs

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video thumbnail image for discussion with kris glabinski of ratemetrics about how to turn hotel competitor intelligence into additional revenue

How to Turn Hotel Competitor Intelligence into Additional Revenue

In this discussion we look at how hoteliers can turn competitor intelligence into a additional revenue in a very simple way using readily accessible data

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booking.com are one of many otas who charge hotels fees

The Reasons Why Customers Use Booking.com (And So Do I)

Thanks Booking.com for great service. Or should I say, “thanks hotel for rolling out the red carpet to Booking.com so that they can roll it out for me?”

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different coloured pawn pieces reflect importance to hotels of market segmentation to improve offers, revenue and satisfaction

Offer Segmentation: How to Increase Revenue and Guest Satisfaction

Offer segmentation is a critical strategy for hotels looking to increase revenue, improve guest satisfaction, and stay competitive in a crowded marketplace

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Total Revenue Management for Future Focused Decision Makers

Getting a good overview of the on-the-books data, pick-up pace, and forecasts of all the revenue sources in a hotel operation offers numerous benefits

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