rates

Failing to move away from the “same old pricing strategy” is a critical mistake. Hotel managers can be overwhelmed managing multiple discount types

Running an Open Pricing strategy means that, as you get closer to stay date, you can override all BAR by LOS rates and just offer optimized one-night rate

Our data indicates a different rate strategy is a combination of factors from demand, how compset reacts, to how hotel rooms are being promoted and sold

Despite many logistical challenges, Dubai has managed to successfully kickstart this world-renowned exposition, and local hotels are thriving as a result

If you are constantly looking for high occupancy and low ADR you are possibly ‘fishing in other waters’. You are effectively devaluing your hotel

The changing demand trends in the different markets, make it necessary to review our segmentation strategies and rate structure

With average daily rate approaching or surpassing 2019 levels in many markets, guests have renewed expectations that services and amenities are back in full

There is a major shift going on in the market. For the foreseeable future, flexible rate strategies are on the rise and non-refundable rates are being cut

Reasons for projected rates increase include restored hotel services, sellers more aggressively addressing financial challenges, and group demand recovery

As conversations around monetising new hotel offerings increase, everyone needs to be speaking the same language and guided by a consistent yardstick