{"id":22713,"date":"2020-04-14T08:24:11","date_gmt":"2020-04-14T08:24:11","guid":{"rendered":"https:\/\/www.xotels.com\/uncategorized\/static-pricing\/"},"modified":"2024-12-23T09:21:14","modified_gmt":"2024-12-23T09:21:14","slug":"static-pricing","status":"publish","type":"post","link":"https:\/\/www.xotels.com\/en\/glossary\/static-pricing","title":{"rendered":"Static Pricing"},"content":{"rendered":"<p>What is the meaning \/ definition of Static Pricing in the <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/hospitality-industry\">hospitality industry<\/a>?<\/p>\n<p>Static Pricing is when a <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/hotel\">hotel<\/a> keeps exactly the same selling rate at all times, regardless of the <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/occupancy-rate\">occupancy<\/a>, market trends and marketplace <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/demand\">demand<\/a>.<\/p>\n<p>This is the opposite of <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/dynamic-pricing\">dynamic pricing<\/a>. Static pricing is considered an outaded practice in the industry as does not allow your hotel to actually have a <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/pricing-strategy\">pricing strategy<\/a> and adapt its offer to <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/demand\">demand<\/a> and market trends in order to maximaze <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/revpar-revenue-per-available-room\">RevPar<\/a> and <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/goppar\">GopPar<\/a>.<\/p>\n<p><strong>See Also:<\/strong><\/p>\n<ul>\n<li><a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/rack-rate\">Rack Rate<\/a><\/li>\n<\/ul>\n<p><strong>Synonyms<\/strong><\/p>\n<ul>\n<li>Static Pricing<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What is the meaning \/ definition of Static Pricing in  [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,48],"tags":[],"class_list":["post-22713","post","type-post","status-publish","format-standard","hentry","category-glossary","category-s"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Static Pricing Definition \/ Meaning - Xotels<\/title>\n<meta name=\"description\" content=\"Definition: Static Pricing is when a hotel keeps exactly the same selling rate at all times, regardless of the occupancy, market trends and marketplace demand.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.xotels.com\/en\/glossary\/static-pricing\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Static Pricing Definition \/ Meaning - Xotels\" \/>\n<meta property=\"og:description\" content=\"Definition: Static Pricing is when a hotel keeps exactly the same selling rate at all times, regardless of the occupancy, market trends and marketplace demand.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.xotels.com\/en\/glossary\/static-pricing\" \/>\n<meta property=\"og:site_name\" content=\"Xotels\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-14T08:24:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-23T09:21:14+00:00\" \/>\n<meta name=\"author\" content=\"Patrick Landman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@xotels\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Landman\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/glossary\\\/static-pricing#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/glossary\\\/static-pricing\"},\"author\":{\"name\":\"Patrick Landman\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#\\\/schema\\\/person\\\/f51e882bd553ae1b905fc0214cdca6f5\"},\"headline\":\"Static Pricing\",\"datePublished\":\"2020-04-14T08:24:11+00:00\",\"dateModified\":\"2024-12-23T09:21:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/glossary\\\/static-pricing\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#organization\"},\"articleSection\":[\"Hotel Terminology &amp; 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