pricing
Mastering The Art of Resort Revenue Management
Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships
Trapped in Commoditization: How Hotels Can Charge Premium Rate
Automated pricing systems have involuntarily joined forces with the OTAs to drive down the price, leading to the commoditization of hotels
How to Respond to Reviews About Price
The best advice for responding to negative reviews about price is to be timely. Response times need to be less than 24 hours
The Economic Perspective for Competitive Rates in Revenue Management
Strategic use of competitive hotel rates in revenue management is a powerful tool to drive revenue growth and foster business development
How the Big Problem with Hotel Stay Personalization was Solved
ABS is a revelation because it solves both the Labor and the Product problems that come with hotel stay personalization
Revolutionize Hotel Event Revenue With Dynamic Pricing
The key to dynamic pricing is understanding when to offer the right upgrades during the booking process and how to value them at the moment
5 Ways Hotels Can Ease Traveler Budget Concerns
In this article, we will use insights from our survey to identify ways hoteliers can make a positive impact in easing traveler budget concerns
Building the Profit-Oriented Revenue Management Framework
The market dynamics are ever-evolving, as a CEO, this shift from revenue maximization to profitability optimization is the key to long-term success
Elevate Your Hotel Performance with Revenue Management Analytics
We explore hotel revenue management analytics, and how it empowers hoteliers to make decisions that drive profitability and guest satisfaction
5 Features to Look For in a Hotel Benchmarking Tool
Benchmarking data is used by all stakeholders in the industry; from hoteliers to management companies, owners to asset management companies