Finding rates that maximize revenue is an everyday struggle for hoteliers with the changing market demands. How does dynamic pricing work? This time-based pricing model projects the best available rates at the right time for the right season and for the right guest.
Hotelogix cloud-based PMS helps with implementing accurate pricing strategies in hotel industry. You can solve the challenge of selling room inventory at highest possible rates.
Hotel room pricing changes frequently based on seasons, monthly and weekly fluctuations as well as daily or hourly changes. You can use technology to implement the dynamic pricing system and match price to demand.
Identifying the optimal price manually is a cumbersome task. Hotelogix cloud-based PMS includes flexibility with its dynamic pricing and revenue management system.
You don’t need to struggle with rate management every hour or day. Opt for a pre-determined dynamic pricing system. Dynamic pricing is useful to aim for maximum profit in a competitive industry. Automation of the process makes it easy!
A revenue manager must know the pulse of the situation to implement the dynamic pricing strategies in hotel industry. Automate and tweak prices in real-time with Hotelogix.
Have you always used the fixed pricing strategy? Find out the difference.
Fixed Pricing for the Hotel Industry:
Dynamic Pricing for the Hotel Industry:
Hotelogix PMS with its smart tools lets you make quick decision in real-time. The integration of a Channel Manager and a revenue management system makes this an all-in-one solution.
Avoid the struggle to determine rates based on assumptions. Implement Dynamic pricing for hotels with technology. Manage updates quickly to determine the sales price. Use the complete accuracy of a cloud-based hotel management system like Hotelogix.
Use Hotelogix PMS and choose a channel manager and revenue management tool of your choice. Design your dynamic pricing and revenue management on factors such as location, demand, rooms sold, changing seasons and much more.
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