Today's Revenue Management thought:-

Is the price right ?

It’s no secret that pricing has a direct impact on profitability and customer satisfaction. When it comes to setting prices for a hotel room and the properties auxiliary services, there are several different strategies that hotels can use.

No matter which pricing strategy a hotel chooses, it’s important to remember that pricing is an important part of any successful business. Setting prices that are too low can lead to lower profits, while setting prices that are too high can lead to lost customers.

At the end of the day, it’s important to find a balance between pricing and customer satisfaction.

Have a profitable week.

✌🏼