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The AI Revolution in Hotel Pricing: Beyond Dynamic Rates

Revenue Hub

As we enter 2025, integrating Artificial Intelligence (AI) into hotel pricing strategies continues to revolutionize the hospitality industry. The impact of AI on hotel pricing has deepened and expanded, reshaping the industry in profound ways. billion by 2027, driven by this trend.

Pricing 109
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What is Hotel Room Type Mapping and the Benefits?

Revenue Hub

Room type mapping is the process of aligning different room categories across various systems, such as a hotel’s Property Management System (PMS), Channel Manager , OTAs , Global Distribution Systems (GDS), and market intelligence tools like rate shoppers. appeared first on Revenue Hub.

Pricing 109
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Hotel Rate Plans: How to Win Bookings and Influence Travelers

Revenue Hub

NB: This is an article from RoomPriceGenie , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Today, hoteliers recognize that they can generate more revenue by being more targeted in their pricing – by offering different rates to different segments of guests. Why Are Rate Plans Important?

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Four Keys to Making Life Easier for Hotel Revenue Managers

Revenue Hub

You have three systems open – your Property Management System, the online distribution channel manager, and a complex Excel spreadsheet for forecasting. Meanwhile, your phone buzzes with requests from sales, operations, and corporate leaders, asking for real-time insights and pricing updates.

Article 108
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Unlock Your Hotel Potential: Top 3 Business Intelligence Myths

Revenue Hub

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date These are some of the most common myths that keep hotels from harnessing the full power of their data. Revenue Growth : Uncovers opportunities for upselling, cross-selling, and optimizing pricing strategies based on comprehensive data analysis.

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Attribute Based Pricing: Hotel Service Unbundling Trends

Revenue Hub

NB: This is an article from Knowland Subscribe to our weekly newsletter and stay up to date Also known as attribute-based pricing, the shift allows guests to customize their stay by selecting only the necessary services, potentially reducing costs and enhancing their overall experience.

Pricing 107
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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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