It’s a great time to experiment with new ways of making money by finding creative ideas that can enhance your marketability without resorting to discounts. By providing value-added experiences, rather than rate cuts, you’ll bolster the bottom line without damaging brand perception.
Managing capacity constraints in a COVID-19 world
Is there silver lining to be found in this period of increased costs, thinner margins, and a slew of other financial and operational risks? Hotels may certainly struggle to identify areas of opportunity, but here are ways to help you make the best possible pricing and inventory management decisions.
Hyatt Introduces Digital Platform, Hyatt Together
New custom streaming content provides guests, members and customers innovative experiences that address today’s wellbeing needs.
The psychology of pricing
Human beings are hard-wired to interpret and react to the world around them in certain ways, even if those reactions are often irrational and unpredictable.
