Successful rate management is about using the right information. If you want to set smart rates, you need to consider local market demand, seasonality, historical data and competitors’ practices on a regular basis.
“5 rate management mistakes (and how to avoid them)”Continue reading
This year, health, food and entertainment will impact how people travel. Learn about these hospitality industry trends and how you can use them to boost your occupancy rate.
“How Health, Food and Entertainment Will Influence Travel in 2018”Continue reading
Every year, new travel trends influence the way people plan their trips. Learn how vacation rentals, domestic travel and hotel technology will shape the hotel and hospitality industry in 2018.
“Hotel and hospitality trends that will shape the travel industry in 2018”Continue reading
Open Pricing is changing how hoteliers set hotel room rates. It has the potential to increase revenue and forever change revenue management practices.
“Open Pricing: A New Strategy for Maximising Revenue”Continue reading
January is a time for New Year’s resolutions. We’ve put together a list of simple pledges all hoteliers should be making for the new year, touching areas such as marketing strategy and web content.
“January New Year’s Resolutions for Hoteliers”Continue reading
Market demand has a big impact on your hotel pricing strategies and overall business. Learn what “market demand” means, what factors to pay attention to, and how to manage your hotel’s data to increase occupancy rate.
“What does “market demand” mean in the hotel industry?”Continue reading
Knowing your competition is key to hotel revenue management and attracting guests. Learn about 5 key factors to inform your competitive set and determine the best hotel prices.
“Understand Your Competition to Determine Hotel Prices”Continue reading