The hospitality blog

Pricing data is the fuel that powers your hotel revenue management strategy.

With so many hotel technology products on the market today, it could be a daunting task for the unsuspecting buyer to choose the best one.

Nothing is more frustrating than seeing your hotel revenue stagnate despite your continued effort to fill your rooms. I know this because I’ve been there many times at my hotel.

To strengthen their revenue management policy, hotel managers need to decide what type of pricing strategy they want to implement relative to their competitive set.

To seek a competitive advantage over their competitors, hoteliers need to think about fine-tuned hotel room pricing methods. Indeed, the hotel industry is one of the few that can develop effective revenue management strategies because they retain full control over the price and duration parameters.

What is Hotel Revenue Management? Hotel Revenue Management is a scientific discipline widely used within the hospitality industry aiming at helping hoteliers decide on what room to sell to a given target, for what price, when to sell it and decide what is the most appropriate route to do so.

Hotel Price Reporter is delighted to release its monthly Top 20 Hotel Destinations Ranking in Europe for the second half of May 2017.

Hotel Price Reporter is happy to release its first Top 20 Hotel Destinations Ranking in Europe for April 2017. Every month, this chart will keep you up to date about the evolution of the demand level in the most visited European destinations according to TripAdvisor.