rates

Given the unpredictability of the current market, it’s key that hotels update their pricing based on the current supply and demand on a regular basis

The difference between a revenue manager and a revenue sleuth is more than just their focus; it’s their approach to maximizing value

When implemented strategically, discount pricing can help drive revenue, boost profitability and reach new segments

We add supplements to BAR rates to ensure OTA’s are higher and then they use their commission and buying power to ensure they have the best rate

While rate mixing can help you optimize revenue and attract guests, this pricing strategy should be carefully managed to ensure both parties benefit

Average daily rate per room values has experienced greater growth in the last 3 years, but will price continue to grow rapidly? Will there be a correction?

We follow up on a recent article outlining some of the revenue management practices that could be considered to run a little close to unethical

While transitioning from legacy systems can be challenging, adopting attribute-based selling offers a promising avenue for hotels to increase profit

By incorporating these creative revenue strategies, you can boost your hotel’s bottom line but also create memorable guest experiences

Hotels were able to improve their pricing competencies and guest satisfaction did not decrease after introducing dynamic pricing