pricing

Failing to move away from the “same old pricing strategy” is a critical mistake. Hotel managers can be overwhelmed managing multiple discount types

Running an Open Pricing strategy means that, as you get closer to stay date, you can override all BAR by LOS rates and just offer optimized one-night rate

Hotels must remain forward focused, 2019 is in the past and 2020 will soon be a more distant memory. We must build our strategies for 2022 and beyond

Indications are future hotel bookings, meetings and other hotel related activity will be impacted by the presumed expectation of future travel impediments

So why would hoteliers set a narrow range? With no previous experience in yielded upgrade pricing, hoteliers tend to worry about discounting too much

Hotel commercial teams should be considering all revenue avenues: spa, restaurants, early check-in, late check-out; merchandising the total hotel experience

Our data indicates a different rate strategy is a combination of factors from demand, how compset reacts, to how hotel rooms are being promoted and sold

Long term forecast remains largely unchanged, with US demand to bounce back in 2022, 2023 for the Middle East, 2024 in Europe, and 2025 in Asia Pacific

Despite many logistical challenges, Dubai has managed to successfully kickstart this world-renowned exposition, and local hotels are thriving as a result

If you are constantly looking for high occupancy and low ADR you are possibly ‘fishing in other waters’. You are effectively devaluing your hotel