pricing
Hotel Guest Experience Needs To Improve To Maintain Rates
Prioritizing the guest experience comes at the cost of profitability but is necessary in order to maintain the rate growth seen over the past few years
Channel Manager: Definition, Types And How To Choose One
Using a channel manager is the most effective way to keep on top of reservations so you can negotiate best rates and, ultimately, maximise your profit
Future of Luxury Hotels: Pay More But Expect Less
Hotels are settling into a new normal. That means an opportunity to pursue shifts in business strategy, some of which you might feel when you check in
3 Hotel Forecasts for Winter 2022 to 2023
Although it is impossible to predict the future with 100% accuracy, a hotel can and should work on scenarios based on available market data
Price Parity Monitoring & Why Your Hotel Metasearch Needs It
While other metasearch solutions can take a week to alert a price parity issue, this is the only real time metasearch disparity monitoring tool
Parity is Over: Define New Pricing Strategy with Booking and Expedia
Inventory and rate parity is no longer a valid strategy. Parity sounds like a 90’s concept. It is the time to redefine a new relationship with the OTAs
Offers and Incentives Give Hotels Major Value Creating Opportunities
With guests focused on purpose-driven experiences, hoteliers that adapt to more experience-focused offers will succeed in the changing world
Should Investors Expect Hotel Incomes to Keep Pace with Inflation
Hotel investments come with counteracting exposures to inflation of operating revenues and expenses that may neutralize inflation impacts on profits
Understanding Price Sensitivity: What Is It?
Price elasticity of demand refers to how price changes affect demand in particular. It’s often used to measure price sensitivity
US Hotel RevPar Still Strong But ADR and Demand Trending Down
Nominal RevPAR remained well ahead of 2019 in nearly all the 166 U.S. markets for the week and in the past 28 days