In this blog we’ll explore the pros and cons of each strategy, and help to give you a more nuanced understanding of the two strategies, and how hoteliers use each method depending on the situation. Having a better grasp of the different pricing strategies at your disposal can streamline your hotel’s decision-making, empowering your hotel to be more competitive, and ultimately more profitable.
2 common pricing strategies
First, let’s start by defining the two strategies, and discussing…
