Today's Revenue Management thought:-
€89…€99 or €109…….
What goes through my mind when I evaluate prices.
When setting prices, I think about the the properties cost structure, the demand trends for the property, the competition, and what we want to achieve in terms of profit.
I also consider the value that customers get from booking a room and how it compares to similar products in the market.
Finally, I think about the marketing strategies we need to use to promote the property, and how pricing will impact those strategies.
Have a profitable week.
✌🏼