Tag: Revenue Management

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 […]

Discount car rental penalised for advertising unattainable prices |  CNW

Discount car rental penalised for advertising unattainable prices | CNW

OTTAWA, Oct. 11, 2018 /CNW/ – The Competition Bureau has reached an agreement with a fourth car rental company, Discount Car & Truck Rentals Ltd., to address what the Bureau views as misleading representations. As part of the agreement, Discount will review its practices to ensure they comply with the law, and will pay a $700,000 […]

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 […]

Private airlines targeted over ‘exorbitant rise’ in excess luggage charge | Devdiscourse News

Private airlines targeted over ‘exorbitant rise’ in excess luggage charge | Devdiscourse News

A parliamentary panel has questioned the top management of all major privates airlines in the country over an “exorbitant rise” in the excess luggage charge and asked them to submit a report comparing their fees with those of their foreign counterparts. During a meeting recently, the members of the Parliamentary Standing Committee on Transport, Tourism […]

A Surge in Airport Retail — on the Frontier of Dynamic Merchandising | Aviation Pros

A Surge in Airport Retail — on the Frontier of Dynamic Merchandising | Aviation Pros

Consumers have been incensed to learn how Uber, Amazon and other new economy companies change prices throughout the day with surges and short-lived discounts. Uber’s surge pricing has been known to increase over 4x at peak times, and prices on Amazon have been shown to move up to 260 percent over the course of the […]

Bobbejaanland to introduce pay-as-you-go pricing | blooloop

Bobbejaanland to introduce pay-as-you-go pricing | blooloop

Bobbejaanland has scrapped its entry fee in favour of a pay-as-you-go app, where visitors only pay for the minutes that they are present in the park. Visits can cost as little as €0.12 per minute. The innovative pricing structure will utilise an app called Tapperuse. The app has been used in children’s playgrounds, swimming pools […]

Hong Kong airfares tipped to rise as airlines regain right to add fuel surcharges to ticket prices | South China Morning Post

Hong Kong airfares tipped to rise as airlines regain right to add fuel surcharges to ticket prices | South China Morning Post

With the deregulation of fuel surcharges, long-haul fares are expected to increase by several hundred dollars with crude oil closing in on US$80 a barrel. The last time oil was around that price four years ago, airlines slapped an extra HK$623 (US$79.80) on long-haul ticket prices and HK$143 for regional trips. Announcing the changes on […]

Airlines make big money by making you miserable | Minnesota Public Radio News

Airlines make big money by making you miserable | Minnesota Public Radio News

The airlines continue to market the fees by heralding the “choice” that passengers have. “It really amounts to being able to allow a booking to happen and then offer amenities that customers want and want to pay for as we go forward,” American Airlines president Robert Isom said yesterday. Eventually, the legacy carriers will charge […]

BCD Travel forecasts global price rises | Buying Business Travel

BCD Travel forecasts global price rises | Buying Business Travel

B CD Travel says it expects global hotel rates and air fares to increase in 2019, with demand driving trends across the globe. The TMC’s 2019 Industry Forecast provides price projections, which it says helps travel buyers prepare for supplier negotiations and budgeting for the year ahead. The report was previously published by BCD Travel’s […]