Topic - Dynamic Pricing

Dynamic Pricing

Could Using Algorithms to Set Hotel Rates Become Illegal? - By Adam Harris

Is it illegal to estimate what hotel prices might be in the future? According to some powerful people, it could be. Plaintiffs in several class-action lawsuits argue that merely having access to algorithmically informed price insights amounts to an illegal conspiracy among business competitors - that it?s fair to assume they'll stop competing and just fix prices instead.

2024-04-29

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Dynamic Pricing

Rules Based Hotel Dynamic Pricing

Dynamic Pricing for hotels and resorts is Skyware Hospitality Solutions' name for a Revenue Management Systems (RMS) also called 'Yield Management', – a term coined by Robert Crandall, former chairman and CEO of American Airlines in the 1980’s. Crandall called RMS, 'The most important technical development in transportation management since airline deregulation.' It has been widely utilized in all sectors of the hospitality industry including airlines, hotels, and rental cars.

2024-03-06

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Dynamic Pricing

New Report: Dynamic and Personalized Pricing in Travel

This 22-page report gets inside technical, ethical and legal challenges facing travel brands as they adopt dynamic pricing. It reveals how to master these factors to deliver higher yields, conversion rates and customer retention levels as prices get closer to matching true demand.

2019-07-17

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Dynamic Pricing

Report: Airbnb, Amazon and Uber Dominate Dynamic Pricing

Consider for one second that Airbnb already uses over 70 criteria to design its pricing strategy. That’s what you need to shoot for to engineer a pricing game that brings in major revenues.

2019-07-02

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Dynamic Pricing

Free Report: Dynamic and Personalized Pricing in Travel

We are on the cusp of a revolution that promises greater personalization and profitability as pricing becomes more segmented and relevant to each customer. Download this free report, to understand how pricing in travel is charging into the future and how you can become part of this revolution.

2019-06-25

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Redefining Revenue Management - By Ritesh Gupta

IN-DEPTH: Understanding customers’ needs, behaviour, location, and individual price sensitivity are key to any pricing strategy and related tactics

2011-11-30

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Digonex And OpenBook Bring Dynamic Pricing To Hospitality Industry At The Perfect Time

Partnership Gives Hotel Operators and Travelers More Control Over Prices

2011-09-06

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Expedia Partners With Top African Hotel Company Protea Hospitality Group

World’s largest online travel company to offer Protea Hotels and African Pride hotels to travelers worldwide

2010-11-10

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AHLEI Publishes New Edition of Hospitality Industry Managerial Accounting

The American Hotel & Lodging Educational Institute (AHLEI) has published the seventh edition of Hospitality Industry Managerial Accounting, written by Raymond S. Schmidgall, Ph.D., CPA, of Michigan State University.

2010-09-22

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Travel Tripper Takes Bigger Bite of the Big Apple with Apple Core Hotels

Early leader in online hotel distribution selects Travel Tripper’s RezTrip 2.0 booking engine to help drive online sales for its five Mid-Manhattan properties.

2010-04-20

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