pricing

Fragile Global Economy Clamps Down on Hotel Performance

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

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letters spelling out the word pricing highlighting the current strategy of dynamic pricing for hotels

What Is Fair Pricing And Why Does Your Hotel Need It?

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

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Recession Fears Shift from ‘If’ to ‘How Deep’ for Hoteliers

Impact of possible recession could be influenced by how leisure demand had an outsize impact on the ongoing demand and will business travel continue to lag

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How To Offset Seasonality Impact By Increasing Mid Week Occupancy Rates

We look at how a hotel increased their summer mid-week occupancy rates and how to apply this strategy across different seasons

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As Long As Guests Pay, Resort Fees Stay

While hotel owners may worry about the potential negative impact of charging resort fees, that has not deterred the practice or slowed the rate of increase

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Is US Hotel Industry Heading Inadvertently to Over Commoditization? strategic solution partners coffee time chat YouTube discussion thumbnail

Is US Hotel Industry Heading Inadvertently to Over Commoditization?

Is the US Hotel industry in a race to the bottom? Is it at risk of over commoditization where price becomes the only differentiator?

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hotel room categories are key along with descriptions photos and pricing that sells

How To Spot Dates Where Your Hotel Can Increase Rates

With the ebb and flow of pricing, rate changes must be frequent, and a hotel must regularly adjust pricing based on demand, forecasts, and competition

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What is a SWOT analysis of a Hotel?

SWOT analysis for Hotels comes in handy when deciding whether to proceed with specific changes or investments in your hotel by analyzing the pros and cons

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4 glass jars filling up with coins reflecting how hotels should consider developing sustainability plans to help drive future revenue and profits

How to Measure Your Hotel Profitability

Understanding hotel profitability ratios isn’t always straightforward because you may not have all the information you need to understand your ROI or ROE

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Prepare Your Hotel For Winter Bookings

Whoever it is you’re targeting, now is the time to launch your winter campaign or campaigns. Make it easy for them by offering an attractive deal

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