Tag: Hotel Pricing

Industry Associations Support Up-Skilling in Revenue Management | hospitalitynet

Industry Associations Support Up-Skilling in Revenue Management | hospitalitynet

Validated by numerous industry testimonials across Asia-Pacific, ARMA’s “THINK-CHANGE-GROW” on-line program (supported by ARMA trainers), is an interactive program that keeps the learner engaged and wanting more. The first module of the course will be offered complimentary to members of the AAoA and TIA, who will then be invited to complete remaining modules at a […]

Is Your Vacation Rental Company Set Up for Dynamic Pricing? | VRM Intel

Is Your Vacation Rental Company Set Up for Dynamic Pricing? | VRM Intel

Going from setting rates once a year through a handful of seasons to having rates that change daily has major implications for all levels of the vacation rental organization. Whether using some sort of rules-based system from the property management software (PMS) that changes prices based on occupancy or number of days out or using a sophisticated, third-party revenue management system that changes prices […]

Celebrity Cruises onboard with nonrefundable-deposit fares | Travel Weekly

Celebrity Cruises onboard with nonrefundable-deposit fares | Travel Weekly

“Some of our more loyal customers were not too in love with it in the beginning,” Bayley said of the nonrefundable idea. “But to be honest, in some cases the system was being gamed a lot by some of our customers who would take out multiple, multiple, multiple bookings, and then we would have a […]

Pass the Keys and make Airbnb rental hassle-free | Property118

Pass the Keys and make Airbnb rental hassle-free | Property118

Pass the Keys – UK’s leading Airbnb management service is based in Greater London and operating in London, Bath, Brighton, Bristol, Cambridge, Edinburgh, Manchester, Oxford and just expanded to York and Glasgow. Pass The Keys overs a hassle-free Host-Service around the globe using the concept of the sharing economy. Through an efficient use of vacant […]

Profit Optimization is Not Just a Buzz Phrase for Room Revenue | Hospitality Net

Profit Optimization is Not Just a Buzz Phrase for Room Revenue | Hospitality Net

To better maximize revenue opportunities from meetings and events spaces, savvy hoteliers have looked to try and fold revenue management strategies into sales and catering processes. However, despite the positive evidence to support an integrated approach to sales, catering, meetings and revenue management, there hasn’t been a strong call for technology beyond sales and catering […]

Dubai hotels should collaborate in establishing minimum price parametres | HotelierMiddleEast.com

Dubai hotels should collaborate in establishing minimum price parametres | HotelierMiddleEast.com

Hotels in Dubai should seriously collaborate in establishing minimum price parametres across the sector while adapting flexible pricing strategies to continue providing consumers with freedom of choice, a panel of hoteliers revealed during a discussion on “War Games – Fighting the Rate War” at the Hotelier Middle East Great GM Debate 2017. Moderating the panel […]

Improved strategic understanding needed for hotel pricing | HotelierMiddleEast.com

Improved strategic understanding needed for hotel pricing | HotelierMiddleEast.com

Allan highlighted the need for hotels and hotel companies to align with an improved strategic understanding of which markets and which segments to target. “The bigger issue is that hotels and hotel companies need to have a better understanding of what particular market segments to target. By not setting leisure rates or corporate rates correctly, […]

Vacation rental company celebrates 13 years by surprising loyal guest | Atascadero News Leader

Vacation rental company celebrates 13 years by surprising loyal guest | Atascadero News Leader

Paso Robles Vacation Rentals views the relationships they have with the home owners as in an integral part of providing quality homes to guests visiting the Paso Robles area. “We partner with our owners to showcase Paso Robles hospitality, we work together to ensure the best outcome. It’s always about the win-win.” Bryan Bonelli enjoys […]

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 […]

Thousands were fleeing Harvey. This Texas hotel started nearly tripling room prices | Fort Worth Star-Telegram

Thousands were fleeing Harvey. This Texas hotel started nearly tripling room prices | Fort Worth Star-Telegram

“Because people are calling to take rooms,” the clerk said, according to KXAN, adding that “we need to (inaudible) the price. I don’t have any control on the price.” The next morning, the TV crew again confronted a hotel clerk. They got a clerk to confirm that room rates were normally around $119 a night—but […]