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How to Attract Price Sensitive Guests Without Slashing Prices

Revenue Hub

NB: This is an article from WebRezPro But as inflation and high flight prices persist, the revenge travel surge may start to wane. As the cost of living continues to rise, so will travelers’ price sensitivity. Keep reading for ideas… Value-added packages Attract price-sensitive guests by offering added value.

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Meet The Team: Jackie, Business Development Manager, Malaysia

STAAH

With more than 10 years in the Travel & Hospitality space, Meet Jackie Jomieuce, Business Development Manager – Malaysia, STAAH. It’s a data-driven approach for pricing strategies, forecasting the demand and improvising your business performance.

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NRN editors discuss CAVA, Applebee’s, IHOP, and that viral Wendy’s pricing comment

Nation's Restaurant News

Plus, hear from Benson Lau, the founder and director of business development at Fluffy Fluffy

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HB Exclusive: IDeaS names McCartan to lead EMEA

Hotel Business

He spent more than 20 years as a pricing evangelist who has helped thousands of hotels, owners and brands generate more revenue and improve profitability via the adoption of pricing automation and AI.

Pricing 105
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10 Strategies to Skyrocket Profitability in City Hotels

Revenue Hub

Subscribe to our weekly newsletter and stay up to date Leverage Dynamic Pricing Strategies Dynamic pricing involves adjusting room rates in real time based on factors such as demand, competition, local events, and historical data. Partner with Local Businesses Develop symbiotic relationships with local businesses.

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How Restaurant Franchises Are Growing Through Rising Inflation

Modern Restaurant Management

These tools allow franchise restaurants to maintain focus on the guest experience and to build upon brand recognition through developing innovative technology and strategically utilizing loyalty programs to keep consumer interest high, even as prices rise. Of course, raising product prices rarely results in a positive outcome.

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The importance of a user-friendly hotel management software for owner-manged independent properties

Hotelogix

High-end hotel management software or hotel property management systems (Hotel PSM) have a hefty price tag. Time spent navigating a layer on imprecise software options, features, and settings takes up time that could be spent enhancing guest experiences or strategizing on business development. There's the issue of cost.