Hotel Revenue & Management Blog

What is the meaning / definition of Dynamic Pricing in the hospitality industry? Successful hotels around the world aim for optimum profitability at all times. There are lots of things a hotel can do towards achieving this. One is for the Revenue Management Team to make Dynamic Pricing part of their overall strategy. Consortia/negotiated rates are no longer fixed (in [...]

What is the meaning / definition of Dynamic Packaging in the hospitality industry? Dynamic Packaging is a method of creating deals or packages based upon the components selected by the customer. This method combines inventory (rates and availability) from multiple sources e.g., hotels, rental cars and flights in one online application. It allows the customers to create and book a [...]

What is the meaning / definition of Dual-Brand Hotels in the hospitality industry? Also referred to as two pack hotels, dual-brand hotel is a term used to describe a property that combines and houses two hotels which operate separately. Usually these types of hotels combine two brands from the same chain. The economic advantage of this set-up is that both [...]