pricing

With the challenges ahead, implementing an optimised hotel revenue management strategy can make a big difference in the profitability of your hotel business

A simple revenue management process can allow hotels to offer more flexible and personalized pricing options, tailoring packages and promotions

Okay, so we’ve all heard of Rate Shoppers, but have you heard of a Rate Shopper for corporate rates? Keep listening to this discussion to hear more.

They had previously used a tiered pricing model so they would only modify ticket prices to predefined price points based on the number of tickets sold

What are the advantages of hotels levying an energy flat rate surcharge and what are the dangers that should be considered?

Which segment should your hotel go after and in which order should you sell to manage your inventory correctly and maximize total profit?

Setting prices on your rooms and services doesn’t count as a pricing strategy. It is how you mould your prices according to market scenarios and guests

You may need a different comp set for different market segments and specific need periods as markets continue to grow and change

How much are you losing by not controlling your prices and allowing other channels to sell cheaper than you do on your own website?

Within the field of revenue management new AI-based solutions can provide live market intelligence, help hoteliers optimize and even price automation