pricing

Airlines have long wanted to move to so-called personalized pricing. They would like to sell online in ways that make it more difficult for a traveler to comparison-shop by the lowest price alone.

A lot of thought and research goes into developing a hotel pricing strategy that makes sense to the customers and the business. A well-optimized pricing strategy needs to answer these 6 questions:

Despite European hotels seeing a 0.9% YOY increase in RevPAR, coupled with 0.4% growth in TRevPAR, GOPPAR for the month turned negative, down 0.8% YOY.

If a hotel guest did not book a package originally, it’s okay. Most travelers don’t get down to the experiential details of their trip until 7-10 days in advance.

Any concern over a weakening U.S. economy has not infiltrated U.S. hotels profit. GOPPAR increased 1.4% y-o-y in August, matching RevPAR growth, which also provided a 1.4% gain.

Profit per room at UK hotels increased year-over-year for only the second time this year, but hoteliers will take it.

August marked the 12th consecutive month of profit decline at hotels in the Middle East & North Africa, as profit per room fell by 7.0% year-over-year to $58.06.

In this podcast we talk with Pontus Berner and Veit Meier, from berner+becker, about the topic of Forecasting and why it is an important aspect of your Revenue Management strategy. […]

Inventory, the number of rooms available to distribute or sell across channels, is the most important aspect of your hotel business. NB: This is an article from Hotelminder With an […]

Among the four categories where hotels achieved increases in both occupancy and ADR, the GOP increase was greatest when occupancy contributed to more than 60 percent of the RevPAR growth