pricing

How AI Revenue Management Can Help Ensure The Price is Right

In the hyper-competitive hospitality market, hotel pricing must be more strategic. Fortunately, this is where AI revenue management comes in

Read more

letters spelling out the word pricing highlighting the importance of hotel forecasting and how to plan and price more strategically by predicting demand

Why You Need Rate Parity in Your Hotel Pricing Strategy

Whether you rely on attribute-based pricing or demand-based pricing, it’s important to find a balance between direct bookings and bookings via OTAs

Read more

video thumbnail image for discussion with kris glabinski of ratemetrics about how to turn hotel competitor intelligence into additional revenue

How to Turn Hotel Competitor Intelligence into Additional Revenue

In this discussion we look at how hoteliers can turn competitor intelligence into a additional revenue in a very simple way using readily accessible data

Read more

booking.com are one of many otas who charge hotels fees

The Reasons Why Customers Use Booking.com (And So Do I)

Thanks Booking.com for great service. Or should I say, “thanks hotel for rolling out the red carpet to Booking.com so that they can roll it out for me?”

Read more

different coloured pawn pieces reflect importance to hotels of market segmentation to improve offers, revenue and satisfaction

Offer Segmentation: How to Increase Revenue and Guest Satisfaction

Offer segmentation is a critical strategy for hotels looking to increase revenue, improve guest satisfaction, and stay competitive in a crowded marketplace

Read more

Total Revenue Management for Future Focused Decision Makers

Getting a good overview of the on-the-books data, pick-up pace, and forecasts of all the revenue sources in a hotel operation offers numerous benefits

Read more

Fair Prices: Solving Hotel Rate Disparity for Owners and Managers

The elusive spectre of hotel rate disparity has long haunted the industry, causing frustration and confusion for both customers and hoteliers alike

Read more

rms hotel travel tech mindset and importance of machine learning to hotel revenue management

Machine Learning And Its Importance In Hotel Revenue Management

Let’s explore how exactly you can use machine learning to streamline and enhance your revenue management processes

Read more

rocks balanced on each other reflecting the end of ota rate parity

Price Elasticity in the Hotel Industry: Affecting Factors and Tools

Price elasticity is a critical KPI for hoteliers. Understanding factors that affect it can help optimize pricing strategies and achieve higher profitability

Read more

Dynamic Packaging Solutions for Online Booking Engines

Dynamic packaging can help introduce end-to-end booking coverage. Otherwise, travelers will rely on OTAs suggesting solutions for vacation-related problems

Read more