OnDemand WTP Pricing Research

Tag: Hotel Room Pricing

New research: Airbnb’s impact on peak-season hotel pricing | EurekAlert!

New research: Airbnb’s impact on peak-season hotel pricing | EurekAlert!

As hotels experience increased pressure from the growth of hosting sites such as Airbnb, new research from the Tepper School of Business proposes strategies for hotels to cope with the competition while suggesting that government regulation is limited in its ability to control industry disruption. Hui Li, Assistant Professor of Marketing, and Kannan Srinivasan, H.J. […]

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 […]

Perfect Price Wins Phocuswright Award | Perfect Price

Perfect Price Wins Phocuswright Award | Perfect Price

I am delighted to announce that Perfect Price has won the runner-up Phocuswright Award for Travel Innovation at its recent flagship conference in Los Angeles. Phocuswright is among the most internationally-respected sources for research and analysis in the travel, tourism, and hospitality industries; its flagship event is now in its 25th year and attracts thousands of senior […]

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 […]