pricing

To sweeten the deal operators often offer the bundle at a discount, with two types of discount frames dominating practice

Offering targeted and personalized offers to your customers (before and during their stay) improves customer experience and increases TRevPAR

Lead time is a formula used to calculate the time between a guest confirming a reservation at your hotel, and their arrival date

Above all, the task of a forecast is to map uncertainty. In a world where our actions in the present influence the future, uncertainty is opportunity

Wondering what Business Intelligence solutions are & how they can help optimize your revenue management strategy? Confused about all the high-tech buzzwords

If price comparison widgets (PCWs) were useful we would see shorter booking journeys, which is the exact opposite of what we’ve been seeing in recent years

As more hoteliers adopt revenue management systems, and implement demand-based pricing strategies, how can hoteliers ensure their hotel stays competitive

What is the purpose of revenue management, and why is it so important to design and implement an effective revenue strategy in your hotel

Higher interest rates and foundering financial markets augur a potential global recession that could derail the ongoing hotel comeback

Fair pricing is not about underselling or undercutting competition. It’s about finding the right balance between business success and customer satisfaction