Impact of reputation on hotel revenue - Integration of reputation and revenue management systems underscores the need for comprehensive data to drive competitive pricing decisions.

Jun 7, 2024 • Hospitality

Using your hotel’s reputation to increase rates - Reputation pricing uses your hotel’s online reputation as one of the factors influencing rates.

Jun 6, 2024 • Hospitality

Hotel giants defend benchmarking in price-fixing suit - A group of high-end hotels have asked a U.S. judge to dismiss claims that they improperly shared data to keep room prices artificially high, calling the case "fanciful".

May 21, 2024 • Hospitality

Las Vegas hotels defeat price-fixing class action over room rates - The plaintiffs had not shown that the hotels had made any agreement with each other to fix prices.

May 13, 2024 • Hospitality

Dynamic pricing doesn’t have to alienate your customers - Dynamic pricing, the practice of varying prices in response to shifting market conditions, has been in the news a lot recently, and not exactly for good reasons.

May 13, 2024 • Hospitality

The future of revenue managers in the age of AI co-pilots - In the rapidly evolving landscape of hospitality revenue management, artificial intelligence has emerged not just as a tool, but as a potential co-pilot.

May 13, 2024 • Hospitality

Hotels urged to calculate guest acquisition metrics carefully - Finding customers in the most cost-effective way possible remains one of the most pressing challenges for the hospitality industry.

May 2, 2024 • Hospitality

Could the use of algorithms to set hotel rates become illegal? - Several class action lawsuits allege that simply having access to algorithmic pricing information constitutes illegal collaboration between business rivals.

Apr 30, 2024 • Hospitality