pricing
2017 Forecast Indicates Only Moderate Price Increases Across Air & Hotel
After an uneven 2016 that saw only limited increases in overall pricing, the business travel outlook for next year looks to be similarly subdued, with flat to moderate rate increases […]
Stop the blame game Hotels and embrace OTAs
The perception that online travel agents are “horrendously expensive” is false and they should be embraced by hoteliers, a business expert says. Speaking at Duetto’s Revenue Strategy Forum, Professor Peter […]
Hotels should stress value proposition during corporate rate negotiations
As hotel sales and revenue management teams engage in corporate rate negotiations this fall, they might find themselves at a disadvantage for the first time in a few years. To […]
Your hotel’s pricing strategy: 8 awesome benefits of using SiteMinder’s Prophet
Most hoteliers would agree one of the most pressing issues they face is trying to keep up with their peers in a hyper-competitive pricing market. The travel industry is so […]
Beyond the true Competitive set, how many does your hotel have?
A competitive set might be the most important tool hotel operators have at their disposal, that shows where your hotel stand against your competition on a daily/weekly and monthly basis. […]
U.S. online hotel room rates are up 0.6% from a year ago this October
Hotel room rates in the top-25 most popular U.S. destinations are averaging $219.06 this October, up from $212.57 in September, according to online hotel room price indices from trivago’s unique […]
The future of automatic pricing in travel
In what can be viewed as a sign of the times, revenue management for home rentals won the day at EyeforTravel’s recent startup and innovation awards in Las Vegas It […]
Five ways to find the right pricing strategy for your hotel
Revenue managers dedicate a big part of their day to managing hotel rates and driving profits. They are constantly analyzing data and various influencing factors to find that coveted sweet […]
The Key to Pricing Your Hotel “Just Right”
One of the most challenging and important aspects in revenue management is providing the right price for the right customer at the right time. It can be a struggle to […]
Cheap Commodities: How Hotels Have Become Pork Bellies
NB: This is an article by Tambourine From an outside point-of-view, a hotel should be anything but a commodity. After all, guests should be placing high value on a product […]