Tag: differential pricing

Hotel occupancy continues to reach new heights but rate not keeping pace | Hotel Management

Hotel occupancy continues to reach new heights but rate not keeping pace | Hotel Management

The U.S. hotel industry’s ongoing run of monthly RevPAR increases and its recent record occupancy levels are obscuring a more unsettling trend, one that many hotel groups will be unable to overcome quickly when the hot streak ends and a downturn finally comes to lodging. Robust occupancy, especially in the major destination markets, does not […]

Enhancing The Guest Experience Through Technology | BW Hotelier

Enhancing The Guest Experience Through Technology | BW Hotelier

Sidharth Gupta, Co- founder of Treebo, believes in enhancing supply creation, quality assurance and customer experience. He is a graduate in Mechanical Engineering from IIT Roorkee and holds an MBA degree from IIM Bangalore. Working with Mc Kinsey and then with Myntra and Flipkart, Gupta with his passion decided to do something on his own. […]

Pricing does not equal revenue management for hotels | eHotelier

Pricing does not equal revenue management for hotels | eHotelier

When dynamic pricing was first introduced to revenue management the idea of managing transient pricing for hotels on a day to day basis was considered quite new – even radical. Even as recently as a few years ago, many hotels continued to sell at predefined rate levels, and did not manage rates dynamically. Today, however, dynamic […]

Stentmakers want Centre to apply differential pricing | OptionsTip

Stentmakers want Centre to apply differential pricing | OptionsTip

The corresponding average MRPs before the price control stood at ₹45,100 and ₹1.21 lakh respectively. With the government rejecting applications from Abbott and Medtronic to withdraw their advanced DES, Medical Technology Association of India (MTaI) said if all the DES were treated as same on pricing front, then companies must be allowed to decide to […]

High time for hotels to integrate revenue management with customer relations | South China Morning Post

High time for hotels to integrate revenue management with customer relations | South China Morning Post

On the contrary, if these loyal customers are quoted a higher rate or denied the room they requested due to high demand through the revenue management system, they might feel upset and turn to a competitor for their intended hotel stay. It is necessary to note that this is rather a long term strategy than […]

Seven Simple Ways to Differentiate Your Company and Products | CustomerThink

Seven Simple Ways to Differentiate Your Company and Products | CustomerThink

1. Focus on the one thing! Don’t be like one of those companies that aspire to be the best in quality, service, pricing, innovation and every other attribute. While this sounds good in theory, life doesn’t work that way. There is a well-known saying in the upper levels of the sailing community: “Will it make […]

Down to Business: Seven tips for profitable pricing | Collier Citizen

Down to Business: Seven tips for profitable pricing | Collier Citizen

Here are seven tips for profitable pricing: 1. Review your pricing: The first step to more profitable pricing is to review your current pricing and margins. Perform a carefully analysis of your pricing and margin by product and customer. Look for poor margin products and what various types of customers are paying relative to their […]

Pricing Complaints – How to Respond | Strategic Pricing Solutions

Pricing Complaints – How to Respond | Strategic Pricing Solutions

If customers complain about your pricing, should you do something? A few things have occurred recently that have prompted me to write this post. In early March a bill was introduced in the Senate, Forbidding Airlines from Imposing Ridiculous Fees (FAIR) Act. A few days later I overheard two guys in the gym complaining about […]

PMO’s Singh meets Telecom Minister Prasad to discuss differential data pricing related issues | Tech2

PMO’s Singh meets Telecom Minister Prasad to discuss differential data pricing related issues | Tech2

Amid a raging debate on net neutrality, Minister of State in the Prime Minister’s Office (PMO) Jitendra Singh Friday met Telecom Minister Ravi Shankar Prasad to discuss the issues related to differential data pricing a key factor in the proposed policy. While sectoral regulator Telecom Regulatory Authority of India (Trai) is yet to give its […]

Broad points of conflict: Our counter comments to the TRAI Consultation Paper on Differential Pricing for Data Services | The Internet Democracy Project

Broad points of conflict: Our counter comments to the TRAI Consultation Paper on Differential Pricing for Data Services | The Internet Democracy Project

The counters to several submissions are grouped into the following broad points of conflict, where we differ: 1. There are other services where differential pricing is allowed In several submissions1, one of the main arguments forwarded is how in case of delivery of services like electricity, water, hospitals and airlines, differential pricing is a blessed […]