SiteMinder

JULY 13, 2024

Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. Optimal strategies and techniques are dynamic, based on the understanding that hotel pricing is fluid and can change from one day to the next.

Pricing 98

Pricing Book Budgeting Marketing 98

Les Roches

JANUARY 25, 2024

Hotel industry players who can leverage data effectively gain valuable insights that can influence their strategic decisions, from setting room prices to designing hotel marketing strategies. Revenue management Data analysis can significantly transform revenue management within the hospitality sector.

Competitive Analysis 52

Competitive Analysis Information Pricing Marketing 52

Xotels Hotel Revenue Management

SEPTEMBER 1, 2020

At the core of any successful pre-opening phase are well thought through elements of product pricing and positioning such as: Room type strategy (e.g. Competitive positioning (how do you competitively price yourself in the market, evaluating your value-add and weighing it against your competitors). Competitive Analysis.

Definition 52

Definition Marketing Budgeting Article 52