pricing
How Automation Can Forecast Uncertainty And Drive Demand
Above all, the task of a forecast is to map uncertainty. In a world where our actions in the present influence the future, uncertainty is opportunity
Business Intelligence: Turn Data into Dollars [Event Replay]
Wondering what Business Intelligence solutions are & how they can help optimize your revenue management strategy? Confused about all the high-tech buzzwords
Price Ambiguity: Are Price Comparison Tools Harmful?
If price comparison widgets (PCWs) were useful we would see shorter booking journeys, which is the exact opposite of what we’ve been seeing in recent years
Revenue Management: The Price Is Right ….. Or Is It? [Event Replay]
As more hoteliers adopt revenue management systems, and implement demand-based pricing strategies, how can hoteliers ensure their hotel stays competitive
The Purpose of Revenue Management And How To Implement It
What is the purpose of revenue management, and why is it so important to design and implement an effective revenue strategy in your hotel
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
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
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
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
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
