pricing
Profit Rise Provides Welcome Respite for Hotels in the Middle East & Africa
Hotels in the Middle East & Africa recorded a 6.6% year-on-year GOPPAR increase in August, which was only the third month this year in which profit growth has been achieved, […]
Tourist Cities Lead Profit Growth for Hotels in Europe
Hotels in Europe recorded an impressive 7.1% year-on-year increase in GOPPAR this month, with the growth led by a number of key tourism destinations, including Dublin and Barcelona, according to […]
Dubai hotels should collaborate in establishing minimum price parameters
Hotels in Dubai should seriously collaborate in establishing minimum price parameters across the sector while adapting flexible pricing strategies to continue providing consumers with freedom of choice, a panel of hoteliers revealed during a discussion […]
Improved strategic understanding needed for hotel pricing
The issue of UAE hotels dropping rates could be due to a combination of a reactive response to market forces, lack of understanding of the hotel’s overall strategy in relation […]
Different ways hotels can achieve optimal pricing positioning
Neil Corr, IDeaS senior advisor in EMEA, discusses the different ways today’s hotels can achieve optimal price positioning and business mix. In the volatile world of hospitality, what are some of the […]
The importance of the distribution channel in yield management
The hospitality industry is one of those industries where the people running the show of hotel business cannot lay back and earn easy revenues. Revenues of a hotel may fluctuate […]
Ideal Pricing for a Hotel’s Ideal Revenue Management Strategy
One of the most important decisions that every hotel organization needs to make is establishing their optimal public pricing structure. For some hotels, this can be an overwhelming challenge – […]
Price disparity, the eternal problem of hotel distribution
In this post, we will be talking about an issue known by many yet still unresolved, currently having come no closer to a solution. Price disparity is the main problem […]
Pricing-only Revenue Management: Are you leaving money on the table?
The hospitality industry has been following revenue management practices for decades now. Today, dynamic transient pricing is considered the industry standard for pricing guest rooms. Now, as rate transparency and […]
PolyU Study Finds Room Attribute Preferences Key to Hotel Profit Maximisation
Hotel managers need to understand the value that customers place on particular room features and charge for them accordingly, argue Dr Lorenzo Masiero of the School of Hotel and Tourism […]
