pricing

In this article we explain how to adopt a strategic approach to room discounting, balancing occupancy and average rate to maximize revenue.

There’s a big difference between profitable hotels and those that struggle. Surprisingly, the difference isn’t related to location, quality, or service. NB: This is an article from Revenue Team by […]

Instead of spreading your attention across many metrics, concentrating on a few KPIs ensures the hotel team aligns with the most critical business drivers

Junk fees are mandatory fee that are not included in the initial room price of a hotel or STR. The most common examples are resort fees

There are substantial benefits to price optimization. It helps you maximize revenue during high-demand periods and avoid underpricing at slower times

Offering refundable rates as standard is not normal. At least, it shouldn’t be. Flexible rates have value, but they shouldn’t be the default

Increase room ADR, sell more hotel rooms direct, increase you market share, reduce channel spend on OTA’s…sound familiar?

Booking is introducing significant updates to its review scoring system, and this change marks a watershed moment for hotels

By monitoring a more comprehensive competitors set, hoteliers can better understand market demand and traveler price sensitivity

Cancellations and no-shows will never be a highlight, but with the right strategies, they don’t have to be the bane of your existence either