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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 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. Here’s a deeper dive into how the process unfolds: Step 1.

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