hotel pricing

What’s the right price for my hotel rooms?

Revenue Management is defined as allocating the right space (room) at the right price at the right time to the right customer so as to maximise revenue. This blog takes a closer look at what is meant by right price. Price vs value This is about ensuring that your price is a good value proposition. […]

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If you charge higher prices than your competition you will get a better RevPAR.

This blog reviews the results and conclusions from research by Cornell University Centre for Hospitality Research into Competitive Hotel Pricing in Europe and gives some hints and tips on how to use the information to improve the revenue management and performance in your hotel. Price Elasticity is a myth The traditional wisdom is that the […]

Also posted in Hotel revenue management. pricing structure, Hotels, Revenue Management