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How to Decide Hotel Rates: A Complete Guide for Hoteliers

Hotelogix

Setting the right rates for your rooms is not just about numbers; it’s about balancing guest expectations, understanding demand, and staying competitive. In this blog, we’ll cover everything you need to decide hotel rates smartly, including competition analysis, pricing strategies, and tools to simplify the process.

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Hotel Business Intelligence: Turn Data into Hotel Success

Hotelogix

This system combined information from their property management system booking platform, and sources tracking competitor prices. This gave the chain a complete picture of its performance, spotted trends across properties, boosted group-wide earnings by 25%, and cut the time needed to make big decisions by half.

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Hotel revenue management strategies and solutions

SiteMinder

Hotel revenue management strategy: Track key metrics | Watch demo Key elements that impact revenue management in hotels Revenue management has long been a relatively straightforward practice, although most revenue managers will argue that it doesn’t mean it’s simple.

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