Hotel Revenue Management

Optimizing revenue and growing your business

Pricing

Why is Rate Parity Vital for Hotels? & Tips to Win the Parity Game

Revfine.com2025-09-17T20:09:25+02:00

Hotels want the best price for their room. Therefore, the same price is set throughout all digital distribution channels. But what if a distribution channel uses lower prices? In this article, you can learn about rate parity and how hotels can prevent distribution channels from undercutting the direct price. What is Rate Parity? In simple words, rate parity is a

Why is Rate Parity Vital for Hotels? & Tips to Win the Parity GameRevfine.com2025-09-17T20:09:25+02:00

How High and Low Can You Go With Your Hotel Room Pricing?

Revfine.com2023-12-06T17:03:29+01:00

Behavioural economics is the study of people’s decision-making processes and how they are not always entirely rational. By understanding people’s reactions to the choices available, you are better able to make pricing strategies that maximise your revenue. For example, evidence dictates that ending your prices with the number ‘9’ increases your revenue. If you charge $119, you should see more

How High and Low Can You Go With Your Hotel Room Pricing?Revfine.com2023-12-06T17:03:29+01:00