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Hotel Pricing Strategy: 9 Key Factors To Drive More Bookings

STAAH

Hotel managers and revenue managers use data analysis and revenue management tools to determine the optimal price for each room based on various factors such as occupancy rates, booking trends, and competitor rates. 7) Rate parity Inspire trust in your clients by having the same rate across all channels.

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Hotel peak season: Strategies for small hotels

Little Hotelier

This is exciting for your business because it presents an opportunity to push the limits of your occupancy and cash-in on increased revenue. Make more money during peak season with direct bookings OTAs charge a 15-25% commission fee on every booking. With Little Hotelier’s direct booking engine, you can keep that cash.