pricing

As hotel owners begin crafting their shiny new 2020 budgets, they’re tasking their revenue managers with finding ways to drive higher profitability in the coming year.

Compression nights across the U.S. peaked in 2015 and have been declining ever since. Supply and demand are major factors affecting compression, but it’s affecting hotels more than short-term rentals

There was a time when transparency and trust were the pillar of a successful partnership. OTAs were, in the last decade, valuable partners for hotels and responsible for a more efficient distribution.

Until recently, marketers and casino revenue managers have largely looked past nuanced reinvestment calculations, because the only goal was filling the hotel and, ultimately, the casino.

Daily attendee meeting costs are set to climb in 2020 in North and Latin America but fall in EMEA and Asia/Pacific. One reason EMEA costs will likely fall is a shift in bookings to secondary cities.

Inventory management is an umbrella concept that involves understanding, overseeing and controlling your hotel’s room inventory. Here are some strategy basics:

Trivago has recently begun experimenting with a new user experience that attempts to meet travelers’ needs by utilizing lowest price callouts to better reflect consumer preferences.

Each individual property will have a pricing strategy that works for them but there are common practices across the industry that can be applied to your business.

Determining the right hotel room rate is not easy. This whole game of hotel room pricing strategy becomes quite complex as you need to consider several factors that impact your room pricing

Mainland Europe hotels have seen better months. A 5.0% decline in average room rate dropped RevPAR 3.2% in July, and with total revenue not faring better, GOPPAR was down 9.4% YOY,