roompricegenie

We explain how to use forecasting insights to optimize pricing and inventory, improve operational planning and exceed budget targets

In this article we explain how to adopt a strategic approach to room discounting, balancing occupancy and average rate to maximize revenue.

By monitoring a more comprehensive competitors set, hoteliers can better understand market demand and traveler price sensitivity

What are the pros and cons of different distribution channels? How can you stand out? Here are the essentials of hotel distribution and pricing

In addition to aligning offers with guest behavior and preferences, some rate plans are designed to reward desired traveler behavior

Managing room categories is one of the most challenging aspects of hotel revenue management. It’s especially important for small independent properties

We answer the most important questions owners and operators of independent properties have about revenue management

I can understand why it may seem to revenue managers that an RMS is their competition, rather than a tool to help them be more effective

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

There are many benefits of implementing a data-based revenue management practice at a property, especially for the owners/operators