How are pricing algorithms set?
Label 'Revenue manager'
DEBENAPS
Last Update setahun yang lalu
Our pricing algorithms use the FAIR COST PRICING method.
This is a fair pricing method, different from traditional yield management.
All customers will pay the same price for the same service on the same night, unlike yield management.
Customers are encouraged to book early for the following reasons:
• The earlier you book, the more opportunities there are to find a good match between the client's needs and the available space configuration.
• As the occupancy rate increases, the final price actually paid will be lower than the booking price: incentives are provided.
The customer becomes the hotel's marketer, as they have a financial interest in increasing the hotel’s occupancy rate during their stay
