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How to Decide Hotel Rates: A Complete Guide for Hoteliers

Hotelogix

Pro Tip: Use tools like rate comparison software or a PMS (Property Management System) to monitor competitors in real-time. Monitor booking patterns for weekends, weekdays, and special events. ” Key Insight: A mix of pricing strategies caters to varied guest needs and drives higher occupancy.

Pricing 100
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Some UX and UI best practices to drive up gift voucher uptake

STAAH

STAAH Vouchers offers multiple voucher types, such as gift certificates, room deals, packages, and special offers, to cater to different guest needs. Cross-channel gift voucher promotion, including offline Pushing out vouchers for sale, particularly around special events and gifting season is a great way to get revenue in.

Blog 109
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Starting a New Hotel: From Groundwork to Guestbook

Hotelogix

As a new hotel, the temptation might be to list your property on as many OTAs as possible. Instead, start with 3–5 well-chosen OTAs that cater to your target market and region. Offer personalized pricing for niche markets, like long-stay guests or special events.

Book 130
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Hotel Revenue Management for Small Hotels [Free-Ebook]

Hotelogix

Dynamic pricing, on the other hand, adjusts rates in real-time based on current market data, including demand, supply, competitor rates, and special events. Tailor your services and packages to cater to diverse guest preferences. This allows hotels to optimize revenue by responding quickly to market changes.

Pricing 130
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Maximize Return on Experience (ROE) with Data Driven Marketing

Revenue Hub

Profile-driven marketing campaigns informed by rich data collected across the guest journey allow properties to creatively customize activities, amenities, and services at the guest’s fingertips and make it easy for them to play an active role in personalizing their visit.

Marketing 109
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Understand Today’s Guest and Capture Revenue Beyond Rooms

Revenue Hub

In this case, if Jane is traveling with her husband and their children, she may be interested in paying more for connected rooms, activities that apply to different ages, special events, and ancillary services that apply to families.

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Understand your Guest and Capture Revenue Beyond the Room

Revenue Hub

In this case, if Jane is traveling with her husband and their children, she may be interested in paying more for connected rooms, activities that apply to different ages, special events, and ancillary services that apply to families.