As hotels increasingly turn to artificial intelligence (AI) to improve their operations and commercial performance, the quality of the data powering
Pricepoint raises $6.6M seed round to build the future of hotel revenue management
Pricepoint announced a $6.6 million seed funding round led by Brightspark Ventures, with participation from Boreal Ventures and AQC Capital.
Revenue leadership that drives hotel profitability
In today’s competitive hospitality landscape, managing the revenue function isn’t just about filling rooms—it’s about maximizing every dollar of potential.…
Road to recovery through Revenue Management
Travel demand will continue to be low and extremely volatile for the coming months and booking patterns will be drastically different from pre-Covid-19 times. As such, hotels will be in the novel position of starting to build demand from scratch once they reopen.
Is ‘Competition Hotel’ deciding your ARR?
Think of hotels as the cats – constantly fighting for a bigger share of occupancy (and sometimes revenue) by lowering their rates. As the cats are fighting, benefit goes to the monkey – which could be any stakeholder of the industry, be it another hotel, travel agents or simply the guests.
6 questions to ask when optimizing your hotel pricing strategy
An appropriate price strategy is an important aspect of hotel revenue management because the right price can translate into healthy profit margins, which confirms your business growth.
