OnDemand WTP Pricing Research

Tag: Hotel Pricing

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 […]

300,000 Additional Hotels | 3. Improving the Pricing

300,000 Additional Hotels | 3. Improving the Pricing

Pricing at the Room Level So far, one of our core strategies has been to make sure that LockTrip offers lower prices at the overall hotel level. For any given hotel, our mission was it to be especially competitive at the lowest priced room of that particular hotel. This way we were able to demonstrate a […]

5 tips for hoteliers on how to manage pricing | Travel Daily Media

5 tips for hoteliers on how to manage pricing | Travel Daily Media

To make a property generate the maximum amount of revenue possible, you need to get your pricing strategy right. The aim of the game is to make optimum pricing decisions day in, day out, which is a real challenge in a fluid market. Fortunately for revenue managers there are some tried and tested price management […]

Changi Recommends unveils hotel booking site with ‘clear-cut’ pricing mechanism | Marketing Interactive

Changi Recommends unveils hotel booking site with ‘clear-cut’ pricing mechanism | Marketing Interactive

Changi Recommends, a travel concierge, has launched a hotel booking site called ChangiHotels. The new site looks to offer more than 170,000 accommodation options at over 5,000 destinations. In addition, the site aims to have a clear-cut pricing mechanism. Changi Recommends said in a press statement that it hopes to be the “one-stop” travel site for […]

Travelling? Here is a big money setback for you; prices set to double | Zee Business

Travelling? Here is a big money setback for you; prices set to double | Zee Business

Hotel companies are set to increase room rates by up to 20% as the business season kicks in a few weeks from now. Certain key markets are expected to see a higher double-digit increase in room rate, with the national average being between a high single digit and a lower double digit number. Speaking with […]

Airbnb promises more transparency on prices, conditions | The Brussels Times

Airbnb promises more transparency on prices, conditions | The Brussels Times

The online platform Airbnb plans to improve the way it presents rental prices for the rooms and homes it advertises,as well as their conditions of use, in keeping with European consumer laws, the European Commission said. The Commission, which had already rapped the U.S. business on its fingers in July, said Airbnb had until the […]

Hilton Bumps Up Award Night Costs | Simple Flying

Hilton Bumps Up Award Night Costs | Simple Flying

Hilton has made it a little more difficult to do so, through dynamic pricing (which means that the number of points you need to book a room is relative to the cash price for that particular room, which as we all know can change from minute to minute based on how many people are looking […]

Seven Tips To Pricing Rental Property For Maximum Exposure And Consistent Income | Forbes

Seven Tips To Pricing Rental Property For Maximum Exposure And Consistent Income | Forbes

Whether you are converting your home into a rental property or investing in real estate for the benefit of passive income, you need to price your rent effectively in order to ensure minimal vacancy loss and maximum exposure to renters when you list for rent. The history of asking rent prices in the U.S. shows a steady […]

Learning Market Dynamics for Optimal Pricing – Airbnb Engineering & Data Science | Medium

Learning Market Dynamics for Optimal Pricing – Airbnb Engineering & Data Science | Medium

In this post, we describe a framework used to model lead time dynamics in order to help hosts price their homes more competitively and improve their earnings potential. We embrace both machine learning (ML) and structural modeling to achieve improved predictive performance and model interpretability. A Primer on Lead Time Dynamics The lead time for a […]

Report: Hotel and Air Prices Expected to Rise in 2019 | Hotel Business

Report: Hotel and Air Prices Expected to Rise in 2019 | Hotel Business

ALEXANDRIA, VA—Travel prices are expected to rise sharply in 2019, with hotels going up 3.7%, and flights 2.6%, driven by a growing global economy and rising oil prices, according to the fifth annual Global Travel Forecast from the Global Business Travel Association (GBTA) and Carlson Wagonlit Travel (CWT) with the support of the Carlson Family […]