The Pricepoint Blog
Pricepoint is about bringing hoteliers together and moving the industry forward. We are glad to share with you the insights, practical advice, interviews, or opinions. We understand hoteliers.
Unleash the Power of Forward-Looking Revenue Strategy by Monitoring the Most Critical Data Pillars
According to an STR report the net propensity to travel increased by 32% in February 2022. It was a significant leap...
Tech Upgrades for the Hospitality Industry in 2023
You can encourage hotel guests to return to your establishment by providing excellent customer service.
The good news is that several technologies can help you improve your guests’ experience.
Why You Shouldn’t Only Consider Competitor Prices When Adjusting Room Price
Let’s say we know for sure that our competitors are using the latest technological marvels to set their prices. They scan all of their competitors’ prices, and then set them – manually. Somebody is probably inputting that data – as long as it’s a manual process, there’s probably a human involved. No matter how advanced a technology, there’s always room for error thanks to us reliable ol’ humans! How do we know a competitor set their prices without a typo? Accidents happen – don’t let your accident be only considering competitor prices!
How to Optimize Room Rent and Boost Revenue with AI-Driven Hotel Revenue Management System
Pricing plays a significant role in any business. Especially in hyper-competitive sectors like hotels, the...
4 Tips to Boost Hotel Revenue and Profit in 2023
Running an accommodation business is quite challenging. Somewhere in the hustle and bustle of taking proper care of...
Dynamic Pricing and Hyperpersonalization
**Joint guest post with GauVendi, a proud partner of Pricepoint** Dynamic pricing has been a game-changer for the...
How to Boost Hotel Revenue: Revenue Management Strategies
Reservation lead times in the hospitality industry are changing in key markets in which we operate, making forecasting...
Give a Little Extra to Loyal Customers
Give a little extra to loyal hotel customers - Get rewarded big-time! When considering the resources available to the...
Is Dynamic Pricing a Great Way to Increase Hotel Revenue?
Market fluctuations and changes in hospitality and travel demand can be fast-paced for hoteliers and revenue managers....
Dynamic Pricing System Keeps Your Hotel’s Prices Competitive!
In the hotel industry, revenue managers and hoteliers know how quickly markets can fluctuate and how quickly travel...
Hotel Trends to Consider in 2023
It’s almost a new year in the hospitality industry, and independent hotel revenue and interest is on the rise. With...
How to Increase Hotel Revenues When Demand is Low
How to Increase Hotel Revenues When Demand is Low It's hotel revenue management 101: when demand for rooms is low,...