Revfine

MAY 22, 2023

Accurate hotel forecasts take a lot of work to create. Travel has always been a global industry, but more than ever, hoteliers find their properties impacted by international trends, which are increasingly challenging to The post Hotel Strategies on the Fly Using Revenue Management Technology appeared first on Revfine.com.

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Marketing 92

Revenue Hub

SEPTEMBER 12, 2023

That’s because airlines use dynamic pricing. Subscribe to our weekly newsletter and stay up to date If a lot of people want to fly on a specific day or route, they strategize and hike prices. Hotels use dynamic pricing too. How Can Hotels Use Dynamic Pricing Strategies?

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Pricing Article Book Events 91

Revenue Hub

SEPTEMBER 27, 2023

NB: This is an article from Roomdex , one of our Expert Partners With hotel profitability becoming more of a challenge, upselling provides the potential to generate additional revenue from every booking. But not all upsell revenue is the same. One might conclude that a hotel should “upsell at every opportunity.”

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Reservations Guest Satisfaction Housekeeping Article 93

Revenue Hub

NOVEMBER 30, 2022

NB: This is an article from Revenue Management Labs. One of the first uses of price segmentation was in the airline industry during the early 1980s. Crandall created a system that would specifically target varying discounts to flights that were flying empty on a day-by-day basis.

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Pricing Article Marketing 80

Hotel Business

APRIL 19, 2023

These trends continue to be driven by worldwide inflation and a retraction in consumer spending, but hotels persevere despite the naysayers. These trends continue to be driven by worldwide inflation and a retraction in consumer spending, but hotels persevere despite the naysayers. from an initial 3.4%.

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Pricing Guest Satisfaction Book Marketing 52

eZee Absolute

SEPTEMBER 11, 2023

Arjun was just like the rest of us. But there was one thing that made Arjun different from us. Whenever he was asked what he wanted to become in life, he would say “Rich” while the rest of us would choose to be a doctor, teacher, or something else. Dynamic Pricing Strategies was his magic trick!!

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Pricing Book Marketing Events 59

STAAH

NOVEMBER 8, 2022

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. We spoke to leading revenue managers on what they think lies ahead. Revenue managers have had to up their ante on monitoring local trends and populace segments to get a better understanding of demand.

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