Rate Management

‘Tis the Season, Rate Season! A simplified look at Rate Season for Hotels.

It’s the most wonderful time of the year. Yes, the holiday season, but more exciting is that hoteliers everywhere are planning for next year. After what’s expected to be a record breaking year, according to STR, in the hotel business, hoteliers are hopeful next year will be powerfully profitable too. Lance Jones, Sales Engineer Business [...]

Por |2019-02-11T19:46:54+00:00diciembre 19th, 2016|Rate Management|

5 Critical Technology Trends You Need To Know About Now

The hotel industry is in the midst of a technology revolution. And it’s changing everything we know about how we run hotels and service guests. Though it’s a future fraught with challenges, it’s also one chockablock of opportunity. It’s simply a matter of understanding the trends and preparing how to take advantage of them as [...]

Por |2019-02-11T19:40:14+00:00octubre 20th, 2016|Hospitality Industry Trends, Rate Management|

Still setting rates manually? Find out how much you could save by kicking it into autopilot

The days of continually setting rates manually are over. Both costly and time consuming, setting rates by hand is not only outdated, but prone to human error. Imagine the savings you can create by eliminating all those people hours changing rates up and down across myriad channels. Plus, automatic rate setting helps to ensure you’re [...]

Por |2019-02-13T16:37:48+00:00agosto 29th, 2016|Revenue Management, Rate Management|

A few missed dollars of ADR can leave money on the table

Hoteliers looking to push average daily rate (ADR) might not realize there is opportunity to ratchet it up even more. It’s not an indication of skill set or effort, but more about not knowing what they don’t know. But you can find out just how much by yourself. SkyTouch has developed a clever calculator tool [...]

Por |2019-02-11T19:33:05+00:00agosto 19th, 2016|Rate Management|

5 Ways the Best Available Rate (BAR) Pricing Strategy Can Help Improve Hotel Revenues

Before meaningful hospitality software, property owners would rarely reset rates. The common approach of set it and forget was dominant. That meant a guestroom was generally priced the same for an extended period of time, such as the entire season or year, with little consideration given to demand trends. For most of the history of [...]

Por |2019-02-11T19:34:21+00:00agosto 3rd, 2016|Revenue Management, Rate Management|
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