Here you will find my opinion articles
What is the meaning / definition of Private Rate in the hospitality industry? A type of discount hotel rate that is negotiated with a travel agency and vendors and then sold to the [...]
What is the meaning / definition of Pricing Strategy in the hospitality industry? Price is the value that is put to a product or service and is the result of a complex set [...]
What is the meaning / definition of Price Positioning in the hospitality industry? The term price positioning, describes the process of adapting your price towards the position you want your products and services [...]
What is the meaning / definition of Price Match Guarantee (PMG) in the hospitality industry? PMG is short for Price Match Guarantee. It is something that all hotels seeking to seriously compete should [...]
What is the meaning / definition of Price Lining in the hospitality industry? The term Price Lining, is used to describe a marketing/ pricing strategy, whereby a business prices its products according to [...]
What is the meaning / definition of Prepaid Rate in the hospitality industry? The term Prepaid Rate, refers to paying for the stay at a hotel in full at the time of booking, [...]
