pricing

How to Prepare Your Hotel for Summer Staycations

After getting a taste of them last year, how can you make the staycation experience at your hotel as desirable as possible for customers?

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Agile Pricing: How to Get Your Rate Structure to Next Level

Agile Pricing is a Revenue Management methodology that allows us to evolve from a rigid pricing structure to a more efficient and profitable flexible model

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COVID-19 Summary: 5 Key Points on Asia Pacific Hotel Performance

When using hotel total-room-inventory (TRI) methodology, Mainland China RevPAR was just 10% behind its 2019 RevPAR levels. Well ahead of other key regions

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Five Ways Hotels Can Make Most of Mega-Short Booking Windows

Booking windows are shrinking to one or two days. In this article, we share five ways that hotels can make the most of mega-short booking windows

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yellow door amongst white doors reflecting occupancy balance needed in a hotel now we are in the staycation world

Capacity Constraints: Managing in a COVID-19 World

Understanding your unconstrained demand together with your yieldable capacity is necessary to make the best pricing and inventory management decisions

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Muted Occupancy and Rate Thwarted European Hotel RevPAR Growth

Muted occupancy and rate thwarted RevPAR growth in the month, down 85% YOY to €15.50. For the year, RevPAR was recorded at €32.84, down 72.7% YOY

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Three Hospitality Industry Realities For 2021

The bar is even higher for hospitality than before the pandemic, and those that can meet or exceed expectations will win. Here’s how:

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Digital Pricing Transformations: The Key to Better Margins

Many companies launch pricing transformations as a way to create value quickly and sustainably. NB: This is an article from McKinsey Indeed, pricing excellence in B2B settings—setting the right prices, and […]

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Key Indicators to Watch in the U.S. Hotel Recovery in 2021

Another important deciding factor for choosing hotel accommodation is the ability to cancel or rebook without penalty, which ranked just above price

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piggy bank smashed like rate strategy can be if you don't know how profitable it is

Robust Rate Strategy Needs Understanding How Profitable Your Rates Are

Getting the right rate strategy is crucial and flexibility will be needed for a while. Perhaps the days of non-refundable or advance payable rates are over

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