Hotel Pricing Strategies 2

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? To make it short, which is the pricing strategy of my revenue management plan?

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.

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

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Bridging the gap between hotel marketing and distribution.

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About the Author: Patrick Landman

As CEO and Founder of XOTELS, Patrick Landman has made it his mission to turn hotels and resorts into local market leaders. XOTELSยด diverse expertise and deep-knowledge across revenue management consulting, hotel management, and hotel consulting, enables us to drive results for independent boutique hotels, luxury resorts, and innovative lodging concepts. Below you will find opinion articles written by Patrick Landman.