OnDemand WTP Pricing Research

Tag: Hotel Pricing

How To Price Your Vacation Rental To Maximize Income | BiggerPockets

How To Price Your Vacation Rental To Maximize Income | BiggerPockets

A third way is to use dynamic pricing. You price your vacation rental home affordably during most of the year, but during peak seasons, or even during peak events, you raise the prices accordingly. Most hotels and motels follow a version of this pricing plan. They know when their peak seasons are, and they raise […]

New On The Vegas Strip: Dynamic Pricing, Robots, Shows and More | PlayUSA

New On The Vegas Strip: Dynamic Pricing, Robots, Shows and More | PlayUSA

2 – DYNAMIC PRICING AT MGM RESORTS PROPERTIES On their most recent earnings call, MGM Resorts said that they plan to use dynamic pricing at their Las Vegas properties. Dynamic pricing isn’t a new or unique concept. Companies continuously adjust the prices of goods and services based on supply and demand with this pricing model. […]

IHG Confirms Plans to Add Dynamic Pricing to Hotel Award Bookings | Skift

IHG Confirms Plans to Add Dynamic Pricing to Hotel Award Bookings | Skift

InterContinental Hotels Group, the parent of more than a dozen hotel chains, confirmed this week that it is experimenting with dynamic pricing for its award bookings. The group plans to have the new model in place by the end of the year. Dynamic pricing allows for providers to adjust the price of an award booking […]

How To Price Your Vacation Rental: Pros and Cons of Common Strategies | evolve

How To Price Your Vacation Rental: Pros and Cons of Common Strategies | evolve

What if your rates were actually costing you money and bookings? A lot of vacation rental owners have pricing strategies that are outdated and ineffective, but they have no idea how much they’re losing as a result. Some charge under the market average, happy to scoop up bookings and fill their calendar. Others charge way […]

Ross blames hotel ‘price-gougers’ as Vat remarks heckled at awards | Independent.ie

Ross blames hotel ‘price-gougers’ as Vat remarks heckled at awards | Independent.ie

Transport Minister Shane Ross has hit out at the “big hotel price-gouging brigade” after remarks he made about the 50pc Vat hike for the tourism sector were met with a frosty reception at an industry awards night. Mr Ross raised the issue of the Vat increase during a speech at the Irish Tourism Awards on […]

Super Bowl hotel room rate jumps from $523 to $4,800 – after reservation | 11 Alive

Super Bowl hotel room rate jumps from $523 to $4,800 – after reservation | 11 Alive

ATLANTA — Concerns are building that hotels may be trying to take advantage of guests coming to Atlanta for the Super Bowl – to make more than a few extra bucks. Two viewers contacted 11Alive in the last 24 hours with one claiming his hotel was trying to jack up the price after he made […]

Conventions and hotel price gouging | Las Vegas Review-Journal

Conventions and hotel price gouging | Las Vegas Review-Journal

I had two retail gasoline outlets in our city for 25-plus years. Both outlets were in tourist locations. If I or other gasoline retailers ever raised prices one or two pennies per gallon during a tourist influx, we were accused by the media of price gouging the public. My question: If we were labeled “price […]

Boycott of bookings by hotels will invite legal action: OYO | Livemint

Boycott of bookings by hotels will invite legal action: OYO | Livemint

New Delhi: Hospitality firm OYO Thursday said it would take strict legal action for breach of contract against any hotel on its platform that boycotts bookings under the influence of small vested interest groups. Most of the boycott threats are being made by small groups of people who have no property associated with OYO, the […]

Day one at JP Morgan ‘19: Mega-deals, accessibility, and price gouging (by hotels) | Medical Marketing and Media

Day one at JP Morgan ‘19: Mega-deals, accessibility, and price gouging (by hotels) | Medical Marketing and Media

Pricing and access As more innovative, and expensive, treatments are launched, the question is how to pay for them? In a panel on drug pricing hosted by Endpoints, Spark Pharmaceutical CEO Jeff Marrazzo discussed the company’s payment model for Luxturna, its one-time, $850,000 treatment for a rare form of inherited blindness. It includes a efficacy-based […]

OYO: Hotel association frenzy misplaced, will lead to price increase of up to 40%: Oyo | The Economic Times

OYO: Hotel association frenzy misplaced, will lead to price increase of up to 40%: Oyo | The Economic Times

“We are aware of the recommendations made by FHRAI, and believe that the same are misguided and misplaced, and based on incorrect allegations made by small groups of people (not necessarily by franchisees and lessors associated with Oyo Hotels) with vested interests. These demands are not aligned with the sentiment of the larger group of […]