pricing
‘Dynamic pricing’ could make airfares even more confusing
I’m old enough (perhaps you are, too) to remember when airlines published all their airfares in their timetables, which were issued once a month. Back then airlines were regulated by […]
Hotstats Hotels Performance: MENA, Europe, UK and US (December 2017)
MIDDLE EAST & AFRICA An uplift in room occupancy levels helped drive growth in revenue and profit for hotels in the Middle East and Africa this month, and marked a […]
Best Available Rate: “Rumors of my death greatly exaggerated!”
According to some, the concept of the Best Available Rate (BAR) is a thing of the past. NB: This is an article by Blake Madril, Revenue Technology Strategist at IDeaS […]
Hotstats Hotels Performance: MENA, Europe, UK and US (November 2017)
MIDDLE EAST & AFRICA Despite successfully recording growth across a number of revenue departments this month, hotels in the Middle East and Africa suffered a 1.8% year-on-year drop in GOPPAR, […]
Tips to optimize ADR and occupancy rates at your independent hotel
The Average Daily Rate or the ADR in the hotel industry is often a primary concern for most hotel owners. However, in today’s times, every hotel owner including independent hoteliers […]
How to Sell Hotel Rooms Without Offering Discounts
Slashing room rates can feel like an obvious and easy solution to a decline in bookings. However, your marketing strategy should not appear obvious or easy. Low prices invite the […]
2 Types of Data Needed for Successful Dynamic Pricing
What is Dynamic Pricing? As we know, the main goal of Revenue Management is to sell the right product to the right customer at the right time and for the […]
STR: AsiaPac, MEA, Europe, S.America November Hotel Performance
Asia Pacific Hotels in the Asia Pacific region reported positive year-over-year results in the three key performance metrics during November 2017, according to data from STR. U.S. dollar constant currency, […]
Who Cares If You’re Losing a Little Money Here and There?
What hotel owner or GM could be blamed for sleeping a little more soundly after seeing the chart below? NB: This is an article by Pierre Boettner, Founder and CEO of […]
Pricing 101: A Guide for Independent Hoteliers
One of the most challenging things for hoteliers is determining how to price inventory. NB: This is an article by WebRezPro Charging too much will deter customers and increase vacancy, […]