pricing

When dealing with rate parity issues, it is key to have an action plan in place to take greater control over your distribution success

From price parity clauses to the fact that OTAs hoard user data, the hotel industry has long been crying out for measures to restore balance

Total Revenue Management is a strategic approach to increase any revenue in the hotel. Explained so simply, however, it requires some research

When you overcome rate disparity issues, you encourage guests to book direct, maintain control over your prices and the chance to capture more revenue

If a hotel puts more effort into designing packages using the four Ps, the chances are much higher that the package will become a sales success

With the rise of online travel sales and influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape

Hotel room wholesalers act as intermediaries between hotels and travel agents, providing a vital role in the distribution of hotel rooms and rates

To achieve a personalized booking journey, intelligent retailing removes dependency to book a room first, and enable the guest to book anything in any order

By managing restrictions, one has the ability to set controls over which bookings are accepted on specific dates or rate types. NB: This is an article from Rateboard For example, […]

Using real-time data analysis and dynamic pricing strategies, hotels can tailor their offers to guest preferences increasing conversions and direct booking