Revenue Management partIV - Optimize Your Pricing Strategy www.guestcentric.com

[dominicscaife]

Interesting Video - but how do you create an accurate picture of the demand curve to adjust your pricing strategy as shown in this video?

[GuestCentric]

@dominicscaife By analyzing three simple things:

- Your Hotel occupancy history. Gather your last 2 year occupancy history and check the trend during that period.

- Impact events at your hotel location. Register important events that you think will affect demand at your hotel location.

- Analise the reservations that you already have for the next 3 months period. Match the data with the last 2 year trend, allowing you to make a projection on the possible demand scenario.