Today's Revenue Management thought:-

Lost opportunity:-

• Having flat pricing through the year or 4 seasonal rates

• Charging too little

• No differentiated - days of the week - pricing

• Failing to respond to demand changes (on time)

• Little price difference between Minimum & Maximum prices

• No use of Length of stay restrictions (LOS)

• Not really understanding the importance of dynamic pricing

I know that it can be difficult to do all of these things, but give it a try - tweek here & there - there is nothing to lose!

Have a profitable week.

✌🏼