pricing
8 Non-Negotiables for a Profitable Hotel Distribution Strategy
With the rise of online travel sales and influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape
Cracking the Code: How to Benefit from Hotel Wholesalers
Hotel room wholesalers act as intermediaries between hotels and travel agents, providing a vital role in the distribution of hotel rooms and rates
Guests Want Highly Personalized Experiences – Hotels Must Adapt
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
How do Restrictions Work in Hotel Revenue Management
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, […]
The Missing Link Between Data Analytics and Dynamic Pricing
Using real-time data analysis and dynamic pricing strategies, hotels can tailor their offers to guest preferences increasing conversions and direct booking
Maximising Hotel Profitability by Measuring Willingness to Pay
The concept of willingness to pay (WTP) relates to how much a guests are prepared to pay for a room and for each of your ancillary services
The Power of Dynamic Pricing in the Hotel Industry
Dynamic pricing, also known as time-based pricing, is a revenue-management strategy, involving real-time price adjusting on the basis of demand and supply
Do Smaller, Independent Hotels Need an Automated RMS?
Did you know that hotels using automated pricing solutions, on average, experience a 22% increase in revenue and 4% increase in ADR?
Profit Isn’t Just About Revenue Generation
Profit is not for the passive observers, but for the planners that have a thorough grasp on the revenue numbers and the stories behind them
8 Tips for Hotel Revenue Managers to Cope with Rate Parity Issues
Let us delve into some tips to help you dash over the speed-breakers in your revenue maximizing journey and build the right rate parity strategy