pricing

Hotel A has been doing the same thing for decades. Hotel B is new and looking to earn more with a value added pricing strategy

Here are six common pricing mistakes hotels make when they don’t rely on revenue management to guide their profitability

There are a lot of strategies that can be used to increase hotel revenue – but it’s important to be focused and committed to the plans you make

By avoiding the dark side of revenue management and embracing ethical practices, you can build a reputation for trustworthiness and integrity

There are key strategies and tactics that a revenue manager can utilize to take their revenue strategies and profitability to new heights.

Sustainability and revenue management are not mutually exclusive; rather, they bolster each other, where ethical management fortifies financial performance

There are two important aspects of guest value: share of wallet and time. It begins with determining what the economics of the guest look like

In the ever-evolving hotel industry, strategically benchmarking room revenue cannot be overstated. RGI, ARI, and MPI trio are the beacons guiding hotels

Those CompSets themselves are being driven by irrelevant factors like employee emotions and outdated RM systems that are not fit for purpose

When it comes to maximizing revenue and occupancy rates, dynamic pricing strategies have taken a quantum leap forward