OnDemand WTP Pricing Research

Tag: Hotel Room Pricing

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 […]

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 […]

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 […]

Revenue Management : From the Perspective of the Hotel Industry | Entrepreneur

Revenue Management : From the Perspective of the Hotel Industry | Entrepreneur

In the hotel and hospitality industry, it is believed that the ideal revenue management is to sell the right room to the right client at the right moment at the right price on the right distribution channel with the best commission efficiency. Before the internet came , room prices and forecasts were done through sheer […]