pricing
Improve Pricing Strategy, Competitive Position, and RevPAR (Case Studies)
It provided the opportunity to rethink pricing strategy, moving from a price level system to an open pricing system, which is more dynamic and profitable
The Secret to a Successful Shoulder Season in Hospitality
Unlike off-peak season, shoulder season isn’t a time when business is low. However, if overlooked, hotels don’t have a strategy to keep business flowing
Your Starting Price Is Key To Success
How do you then find the correct price point from the start? The answer lies in setting the right RevPAR target, and doing so based on data
How Can You Best Utilize Your Hotel Guest Data?
Data is endless, here are five types of guest data that you can possibly use to improve your guests’ experience at your hotel
6 Dangers of Discounting
Here’s how discounting can have negative implications on your business in the absence of data-driven decision-making
14 Hotel Pricing Strategies for Effective Revenue Management
From rate level distribution and occupancy-based pricing to discount codes and upselling, we look at pricing strategies to fit each hotel and market
How Your Conversion Rate Is Affected By Parity Performance
How much additional direct revenue could you capture if you lowered the number of parity violations and proportionally raised your conversion rates by 56%?
We All Know ‘BOB’ Or To Give His Full Title: “Business on the Books”
To answer my original question, ‘do we love BOB?’ The answer is a resounding YES! But should we trust him? Most definitely NOT!
Why Do Some Hotels Have 15%-40% Higher Revenue Than 2019?
The research below shows hotels that have consistently implemented revenue management methodology are exceeding their 2019 numbers by 15%-40%
Why Dynamic Pricing Might Be Right For You
Only a small percentage of businesses have incorporated dynamic pricing. Gauge whether it is right for you and ensure you do not fall into common pitfalls