eHotelier

OCTOBER 9, 2024

As consumers become more informed and online booking environments offer new levels of transparency, hotels will discover that positive guest experiences are not just beneficial—they are essential for maintaining pricing power.

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eHotelier

MAY 30, 2023

Ready to boost your hotel’s profits? It starts with dynamic pricing. You can adjust for other factors with the correct bottom and starting prices.

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Pricing 278

Revenue Hub

OCTOBER 31, 2024

Hotel buyouts present a compelling business opportunity that delivers both financial stability and operational efficiency. A full buyout allows for exclusive branding opportunities and amenities tailored to the company’s needs, enhancing both the experience and the perceived value of the hotel.

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Revenue Hub

DECEMBER 12, 2024

It also means monitoring their offerings and pricing. Traditionally, hotels identify competitors based on the main criteria travelers use to decide where to stay. Property type: Properties of a certain size or design, such as boutique hotels, hostels, or hotels with contemporary or traditional design. Revenue objectives.

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Revenue Hub

FEBRUARY 21, 2025

With multiple competing hotels likely right across your street corner, establishing an effective hotel pricing strategy is paramount to ensure your hotels long-term success. This agile pricing strategy allows properties to respond swiftly to market fluctuations, competitor actions, and changes in consumer behavior.

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Pricing Guest Satisfaction Article Book 91

Revenue Hub

DECEMBER 3, 2024

Price optimization and sensitivity analysis are essential tools for refining your pricing strategy to maximize revenue. This method is highly effective in predicting how changes in features or pricing might influence consumer choices and market share.

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Revenue Hub

NOVEMBER 25, 2024

A mobile only price is exactly what you’d think it is: a price – usually a discount – that’s only available to users accessing a mobile booking app on their device. Country rates Country rates or geo-fencing as it’s sometimes known are targeted discounts or pricing adjustments offered to customers based on their geographic location.

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Pricing Book Download Article 109

eHotelier

SEPTEMBER 12, 2024

Dynamic pricing is more than just a pricing strategy for hoteliers. It is a tool for long-term growth that allows you to maximize profitability and influence demand.

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Pricing 214

Revenue Hub

MARCH 17, 2025

Lets start with the older, more basic pricing method: static pricing. Static pricing: Static pricing is a method of determining a pricing structure up-front, and leaving that strategy in place for an extended period of time. Remember that there are pros and cons to implementing any strategy.

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eHotelier

DECEMBER 18, 2023

Implementing these pricing strategies effectively will position your hotel as a sought-after destination during this festive period while ensuring a profitable season ahead.

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Pricing 222

Boutique Hotel News

JUNE 16, 2023

UK: The four-star Lion Hotel , located in Criccieth, Gwynedd in North Wales, is up for sale at a reduced price of £1,800,000 marketed by business property adviser Christie & Co. The Lion Hotel is set in an 18th century building which has been refurbished to offer 34 bedrooms and six self-catering apartments.

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MEWS

AUGUST 20, 2024

What is dynamic pricing in hotels? We’re all likely familiar with algorithms now, as many of the tools we use daily depend on them. Type anything into Google, and a complex system of data retrieval kicks into action to deliver the best possible results for your query.

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Pricing 219

Soft Inn

JULY 10, 2023

Try googling the largest hotel chain in the world and see what pops up. Take a look at what you can learn from Marriott's pricing strategy. It's a guarantee that Marriot International takes the cake. Being so successful must come from a solid strategy, right?

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Pricing 246

Hotelogix

NOVEMBER 28, 2024

Running a hotel has always been about creating memorable experiences, but let’s face it things have gotten a lot more demanding. Now, imagine offering something like this on your hotel’s website. Read More on Improving Hotel Guest Experience with Technology 4. What’s Next for Hotels and AI?

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Hotelogix

NOVEMBER 7, 2024

In the competitive world of hospitality, having a strong sales strategy is key to ensuring your hotel's success. This blog outlines simple, actionable strategies that hotels of all sizes can use to grow their business, from direct bookings to pricing strategies and everything in between.

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Revenue Hub

JANUARY 8, 2025

Are your rooms priced too high, too low, or just right? NB: This is an article from RoomPriceGenie , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date These are crucial questions faced by independent hotels daily. What Is Hotel Room Discounting?

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Pricing Book Article Budgeting 109

Revenue Hub

MARCH 12, 2025

As we settle into 2025, independent hotels and small hotel groups face a rapidly evolving pricing landscape. Here are five pricing trends to watch along with strategies to help you stay on top of the opportunities and ahead of your competitors. But inflation hasnt just impacted travelers its hit hotels too.

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Pricing Article Book Budgeting 57

Revenue Hub

FEBRUARY 6, 2025

Spring is a key revenue period, andnow is the ideal time to analyze early booking data and optimize your pricing strategy. It also allows you to establish starting prices for each room type for the spring season. Check out our guide on using the booking window to increase hotel reservations.

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Pricing Book Reservations Article 75

eHotelier

FEBRUARY 9, 2023

Here are three steps to achieve a balance at your hotel to foster solid collaboration between your team and their AI-based helpers. How can you make sure that the system’s responses completely align with your company’s business strategy? And what part does your team play in this?

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Pricing 288

Revenue Hub

NOVEMBER 14, 2024

Whether you operate a boutique hotel, guesthouse, hostel, campsite, vacation rentals, or some other fabulous property, you will learn essential ways to boost revenue today. What Are the Main Functions of Hotel Revenue Management? Pricing: What Rates Will You Charge? If it is priced too low, you will miss out on revenue.

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Hotelogix

NOVEMBER 28, 2024

From hotels and vacation rentals to holiday apartments, properties of all types rely on channel managers to simplify operations. A good hotel channel manager can make a huge difference for small properties too. A channel manager for vacation rentals might prioritize weekly bookings, while hotels need daily rate adjustments.

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Hotelogix

JANUARY 12, 2025

As a hotel owner you’ve navigated the chaos of permits, watched the first brick get laid, and seen your vision take shape room by room. The next step is just as important— getting your hotel noticed. The next step is just as important— getting your hotel noticed.  

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Book Pricing Marketing Events 130

Hotelogix

DECEMBER 17, 2024

What makes guests choose one hotel over another even when the price and amenities are nearly the same? The answer lies in its branding which creates a unique identity that connects with guests, ensuring your hotel stays top-of-mind when they decide where to stay. Read More : Tips to improve hotel occupancy   1.2.

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Pricing Book Marketing Budgeting 130

Revenue Hub

NOVEMBER 28, 2024

For hotels, the days of charging the same room rates to all guests have long since passed. With the right rate plans in place, hotels can more effectively manage pricing, occupancy, and overall revenue. By offering a variety of rate plans, hotels can attract a broad spectrum of traveler types. How Do Rate Plans Work?

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Book Pricing Article Definition 108

Revenue Hub

JANUARY 24, 2025

Youve got a hotel, right? NB: This is an article from Xotels Subscribe to our weekly newsletter and stay up to date Well, buckle up, because Im about to spill the beans on how to squeeze every last penny out of your hotel venture. Its about understanding that a hotel room isnt a static product with a fixed price tag.

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Pricing Article Marketing Book 108

Hotelogix

FEBRUARY 13, 2025

Competing with large hotel chains can feel overwhelming. Guests appreciate the personal attention and unique experience you can provide—things larger hotels often struggle to deliver. Turn everyday challenges into opportunities and show that small hotels can create just as big an impact. You’re not alone.

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Hotelogix

JANUARY 19, 2025

Did you know that effective hotel pricing can increase revenue by up to 20%? 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. Value-Based Pricing: Price rooms based on guest-perceived value (e.g.,

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Hotel Business

JANUARY 13, 2025

Hotels in and around Los Angeles and industry associates are offering support to those displaced by the devastating wildfires in California. ” The Hope & Haven initiative includes; Room-night donation program: Hotel owners are donating complimentary room nights to provide temporary housing for wildfire victims and their families.

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Revenue Hub

NOVEMBER 11, 2024

Room type mapping is the process of aligning different room categories across various systems, such as a hotel’s Property Management System (PMS), Channel Manager , OTAs , Global Distribution Systems (GDS), and market intelligence tools like rate shoppers. This is critical for effective inventory management and pricing.

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STAAH

JANUARY 14, 2025

With STAAHs Get Google feature, your hotel can leverage Googles expansive ecosystem to attract guests, increase direct bookings, and thrive in an increasingly competitive market. Today, travelers turn to Google as their first step in researching destinations, comparing prices, and checking reviews.

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Revenue Hub

NOVEMBER 29, 2024

Designed to automate essential processes, Autopilot not only refines pricing strategies but also ensures hotels stay ahead of the competition while optimizing revenue streams effortlessly. This tool helps hotels optimize their revenue by reacting to market changes swiftly and accurately, without the burden of manual intervention.

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Pricing Book Communication Marketing 109

Revenue Hub

NOVEMBER 4, 2024

Is your hotel being haunted by no-shows? In the hotel industry, guests who fail to show up without notice (no-shows) and last-minute cancellations pose significant challenges, affecting both planning and profitability. According to our 2024 Hotel Distribution Report , hotel booking cancellation rates range from 18% to 42%.

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Hotelogix

DECEMBER 19, 2024

Picture a system that displays your hotel's current status and forecasts its future. This is what hotel business intelligence software accomplishes. This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. You need real facts to decide things.

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Maintenance Training Pricing Information 100

Revenue Hub

DECEMBER 18, 2024

Inspired by TravelBooms insights into experiential gifting , lets peel back the wrapping paper and see how this trend can spell serious holiday revenue for your hotel. For hotels, this is your cue to amp up the creativity. Strategic Revenue Moves with Experiential Gifts Dynamic Pricing Done Right Lets talk numbers. Absolutely.

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Workshop Pricing Article Marketing 108

Revenue Hub

OCTOBER 30, 2024

Google has just rolled out a shiny new update to its Hotel Ads , and it’s a big one! Here’s the scoop on how this change can benefit your hotel—and what you can do to make the most of it. Google’s Travel Feeds in Search Ads are here to make your hotel’s online presence shine! What’s New with Travel Feeds in Search Ads?

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Book Pricing Article Information 108

Hotelogix

NOVEMBER 28, 2024

Ever wondered why some hotels consistently outperform their competitors, even in challenging market conditions?   Successful hotels focus on understanding and serving specific guest segments instead of trying to be everything to everyone.

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Marketing Guest Satisfaction Book Budgeting 100

eHotelier

AUGUST 22, 2024

Google Hotel Ads is a metasearch engine, or price comparison site, on which you can launch campaigns to convert ready-to-book travelers and drive direct bookings.

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