pricing
Hotels Negotiating 2023 Corporate Rates Seeking Right Balance
Many companies are more interested in dynamic pricing because they enjoyed flat rates that carried over the last few years and expected prices to increase
How to Manage Online Reputation and Boost Your Hotel Revenue
You, as a hotel owner or revenue manager, have the power to create a solid reputation that helps you build a successful brand
How to Maximize Black Friday Bookings
For one thing, your Black Friday rate needs to be the absolute best you offer because that’s what customers have been conditioned to expect
Add-On Bundling: Optimizing Discount Framing to Drive Better Returns
To sweeten the deal operators often offer the bundle at a discount, with two types of discount frames dominating practice
5 Tips To Increase Your TRevPAR Without Wasting Time
Offering targeted and personalized offers to your customers (before and during their stay) improves customer experience and increases TRevPAR
Lead Time: What Is It, How To Calculate It And Why It Matters
Lead time is a formula used to calculate the time between a guest confirming a reservation at your hotel, and their arrival date
How Automation Can Forecast Uncertainty And Drive Demand
Above all, the task of a forecast is to map uncertainty. In a world where our actions in the present influence the future, uncertainty is opportunity
Business Intelligence: Turn Data into Dollars [Event Replay]
Wondering what Business Intelligence solutions are & how they can help optimize your revenue management strategy? Confused about all the high-tech buzzwords
Price Ambiguity: Are Price Comparison Tools Harmful?
If price comparison widgets (PCWs) were useful we would see shorter booking journeys, which is the exact opposite of what we’ve been seeing in recent years
Revenue Management: The Price Is Right ….. Or Is It? [Event Replay]
As more hoteliers adopt revenue management systems, and implement demand-based pricing strategies, how can hoteliers ensure their hotel stays competitive