⚡ TL;DR – Hotel Pricing Strategies 2025 ✅ Smart Pricing Approaches Competitor-based, length-of-stay discounts, loyalty pricing, upselling, cross-selling, package deals, and open pricing. 📊 Revenue Management Essentials Track costs, watch competitors, use RevPAR & ADR, and adjust prices for demand, seasonality, and guest behavior. 🤖 Tools & Tech Revenue management systems + hotel price APIs…
The online travel industry is a high-stakes game. Giants like Expedia and Booking.com are taking the lead. Competition is fierce which makes staying ahead of the curve crucial. To survive and thrive in the online travel industry, you need to be sharp, make the process swift, and most importantly adopt technology for tech-savvy users. Because…
⚡ TL;DR – Open Pricing Strategy ✅ What it is: Dynamic room pricing based on demand, guest type, and booking channels (more flexible than fixed BAR rates). 📈 Benefits: Higher occupancy, better revenue, improved competitiveness, and smarter inventory use. ⚠️ Challenges: Needs strong tech setup, reliable real-time data, and continuous monitoring. 🛠️ How to apply:…
⚡ TL;DR – Hotel Market Intelligence 2025 ✅ Why It Matters: Helps hotels optimize pricing, forecast demand, improve guest experience, and stay competitive in a saturated market. 📊 Key Uses: • Dynamic pricing & revenue management • Demand forecasting & risk management • Customer insights & personalization • Competitive benchmarking 🛠️ Tools to Use: •…
Expedia’s Path to Purchase research discovered that booking a hotel room often starts online, with a staggering 80% of travellers using Online Travel Agencies before making the reservation. This trend highlights the significant influence OTAs have over the booking process, which positions them as a primary go-to resource for travellers. This reliance on OTAs presents…
In this blog, we’ll introduce 6 Sabre Alternatives For Travel API that are not only more affordable and accessible but also packed with powerful features to streamline your operations. Whether you’re looking to reduce expenses or simplify access to critical travel data, these options could help in making your workflow more efficient and cost-effective. Let’s…
The travel industry is booming—but so is the competition. In 2023, according to research published on research and markets the global online travel market was valued at $512.5 billion USD and it’s projected to soar to $1.26 trillion by 2032 with a 12.99% annual growth rate. What does this mean for your travel agency? It…
Dear hoteliers! Are you working round the clock, but those empty hotel rooms are still looking like a ghost town? And your prospective guests? Are they enjoying your competitor’s tantalizing rates? Hold on, though. There is a secret remedy to your troubles – “The Best Available Rate Pricing Strategy.” Think of it as a VIP…
The travel market is continuously growing and it has become an industry with more than $854.80 billion market size. But with time many big players have jumped the ship to take their own piece of share. With this price war has become very natural. Multiple travel agencies started collecting a tremendous amount of data from…
Hoteliers! Buckle up, because today we’re going to crack the code of one of the most crucial aspects of running a successful hotel – setting the correct prices. If you’ve been wrestling with the challenge of setting competitive prices that attract guests while preserving optimum margins, you’ve landed in the right place! So, are you…