pricing

Robust Rate Strategy Needs Understanding How Profitable Your Rates Are
Getting the right rate strategy is crucial and flexibility will be needed for a while. Perhaps the days of non-refundable or advance payable rates are over
2020 Revenue Management: What we Learned, Abandoned and Will Keep
Traditional revenue segmentation is dead and traditional marketing targeting is dead too. Long live combined segment/target customer profiling!
The Top 7 Front Office Controls
As you know the front office is the command post for your operation. Making sure you have solid internal controls at the desk is mission-critical
Profit Plunge Has Global Hotel Industry Looking to Brighter 2021
The hotel industry is still feeling and reeling from the pandemic sting, though vaccines could be the antidote to spur devitalized demand
8 Top Travel Trends Hotels Must Act on to Capture Demand in 2021
If optimism turns into reality, hotels could see the first signs of leisure guests to capture, followed later in the year 2022 by business travelers
13 Insanely Useful Ways to Improve Your Hotel’s OTA Bookings
Just like you should not depend on only a selected OTAs for bookings, you should not also depend only on OTAs to get your bookings
Airline Revenue Volatility Here to Stay: What can Pricing Teams do?
With airlines in need of capital, revenue and pricing managers will need a change in their approach to reorient the airline revenue management framework
Hilton Branded Hotel? Tips and Advice to Drive Future Demand
In this video Stephanie and Connor look specifically at Hilton branded hotels and ways they can drive demand. Some of the ideas could be generic
How to Ensure Your Next Hotel Promotion Stays Right Side of the Law
Price focused promotions are certainly an good way to generate bookings, they can also land a hotel in trouble, if not set out correctly
How a Total Revenue Approach Can Benefit Your Hotel
By measuring and monitoring total revenue per available room, hoteliers have the ability to take a magnifying glass to all revenue sources