Hotelogix

JANUARY 19, 2025

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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Pricing Demo Competitive Analysis Book 100

SiteMinder

OCTOBER 5, 2023

A particularly useful feature is the rate management tool. This section lets you adjust room rates, offering flexibility in response to changing demand or special events. However, like any tool, its effectiveness depends on how well you use it, so it’s essential to monitor and adjust rates regularly to stay competitive.

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Competitive Analysis Book Information Property Management 59

SiteMinder

JULY 13, 2024

Hotel revenue management is a nuanced process, intricately designed to optimise a hotel’s profitability by balancing room rates with demand. This dynamic approach requires a blend of data analysis, market insight, and strategic action. Here’s a deeper dive into how the process unfolds: Step 1.

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