Today's Revenue Management thought:-
Gordon Gekko - from the movie Wall Street - “The point is, ladies and gentleman, that greed -- for lack of a better word -- is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.”
Has dynamic pricing has done away with face value in the true sense ?
Rack rate didn't only used to be a guide - it was a maximum !
Will dynamic demand pricing push room prices into the realms of the unattainable and out of the reach of your properties core audience.
Do we need to have regulation or should the free market continue to rule ?
Have a profitable week.
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