What Is The Rate Disparity In Hotels? 

What Is The Rate Disparity In Hotels? 

Creating a fair price structure for leveraging business profits and higher revenue generation while maintaining a good brand reputation among customers is an emerging challenge for hoteliers. The hospitality industry swings between a mix of thoughts about hotel price parity and disparity. There is a mixture of opinions on the same. Therefore, firstly, it is…

What is Rate Parity In Hotel Industry and Why Does It Matter?

What is Rate Parity In Hotel Industry and Why Does It Matter?

With the expansion of technology and the increase in the number of distribution channels, it has become a challenging task for hoteliers to maintain harmony in their pricing distribution. Often distribution channels lower the rate of a particular hotel room rate to attract more customers and later reveal hidden charges to compensate for the entire…

Hotel Comp Set Analysis: What It Is & How To Identify It?

Hotel Comp Set Analysis: What It Is & How To Identify It?

If you’re a part of the hotel revenue management or hotel booking business where every move counts, staying ahead of the competition is crucial. You need an essential weapon that gives you a bird’s eye view of the market and helps you make strategic decisions.  In this blog post, we’ll break down the basics of…

Surprising Role Technology Plays in Determining Hotel Prices

Surprising Role Technology Plays in Determining Hotel Prices

As a hotelier, you know that setting the right price for your hotel rooms is a delicate balancing act. Undoubtedly, pricing is the top most important factor that can make or break any business. For setting up effective pricing there are countless factors to consider, from demand and competition to the cost of operating your…

How To Use Hotel Prices Dataset To Boost Hotel Bookings?

How To Use Hotel Prices Dataset To Boost Hotel Bookings?

As a hotel owner or manager, you know that data can be a powerful tool for driving business success.  By collecting and analyzing data on everything from guest demographics to booking patterns, you can make informed decisions that drive bookings, revenue, and profitability.  One type of data that can be particularly useful for hotels is…

10 Best Hotel Business Intelligence Tools in 2023

10 Best Hotel Business Intelligence Tools in 2023

Thinking! How can you take your hotel business to the next level? If yes. Let’s check out the top 10 hotel business intelligence tools out there. These tools are designed to take the heavy data lifting off your shoulders by providing important data you need to make informed decisions for your business. So, let’s explore…

How To Increase Hotel Occupancy Rate? Clearly Explained!

How To Increase Hotel Occupancy Rate? Clearly Explained!

Staring at empty rooms? Can’t hear the satisfying chatter of guests? We know, for hoteliers, it’s like a nightmare. But don’t worry, you can turn this around, and for doing so we are here to help you increase your hotel’s occupancy rate. Welcome to your roadmap to ramping up your hotel’s occupancy rate. No more…