Dynamic Pricing Working For Hotels?

2005-11-08
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  • External Source Hotels in America, notably Hilton, Marriott and InterContinental, have been bullishly promoting their concept of dynamic pricing to would be customers.

    Under this model, rates can differ from night to night according to demand. It is based partly on how airlines can operate their pricing policies and stems from the hotels' understandable aim to reclaim pricing control of product and increase revenues.

    One senior Hilton Hotels executive in America is on record saying this system is here to stay.

    But there is evidence in Europe that the model is not catching on. One leading hotel market analyst, Mike Mannix of Carlson Wagonlit Travel said hotels were enjoying no success with it this side of the Atlantic.

    External Source - For the complete article click here

    Source - Business Travel Europe


    Logos, product and company names mentioned are the property of their respective owners.

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