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Hotel Pricing Strategies 2


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So we have determined that we need more than one rate. So how many rates should we offer? How can we sell multiple rates for our hotel at the same time?

Develop your pricing grid with products ready to sell as per your forecast and strategies. The following matrix is a non exhaustive example of possible price building with non physical fences.

hotel_pricing_strategy_4

On non-constrained periods, ensure the selling of all products through all distribution channels.

hotel_pricing_strategy_5

hotel_pricing_strategy_6

For more information on how to implement yield strategies in your hotel click here: revenue management.

Cheers,
Patrick - Xotels