pricing

Identifying opportunities to extract more room revenues can come at a cost: customers don’t love it if they feel they were previously getting items for free

A challenge common to hotels seeking to attract new guests to their hotel is the challenge of an overcrowded and competitive marketplace

Quality data is central to understanding what’s happening in the market. The more comprehensive the data, the more solid any commercial decisions will be

We discuss why pricing is so essential for your hotel and how you can design an effective strategy that generates consistent revenue streams

Hear how maintaining a strong online reputation can help hotels drive bookings, stand out from the competition online and maintain profitability

Revenue managers face the common challenge of obtaining quality research and analysis to determine the competitiveness of a proposed pricing structure

Properties are looking more closely at the guest that reserve these rooms, what they are interested in, and how to capture more interest based revenue

To maximize revenues and enhance the guest experience, one must embrace a comprehensive revenue strategy that looks beyond the room rate

Having adequate F&B is not a guaranteed competitive advantage but lacking sufficient hotel F&B has become a disadvantage

Many companies are more interested in dynamic pricing because they enjoyed flat rates that carried over the last few years and expected prices to increase