The Value of Automated Pricing for Independent Hotels
Update: 2024-02-13
Description
Hi, welcome to another Expert Insights discussion
Today we are joined by 3 guests:
Kris Glabinski of Aggregate Intelligence
Nicolo (Nick) Rolle of Lybra
Marco Kleiner of Atomize
NB: Aggregate Intelligence, Lybra and Atomize are all Expert Partners,
This is a wide ranging discussion centered around the importance of time, adaptability, and the ability to respond quickly to market changes in the context of pricing strategies for hotels, emphasising the challenges faced by smaller independent properties in managing pricing strategies manually and how automated pricing systems can address these problems.
Kris, Nick and Marco also look at the evolving nature of the hotel industry, the challenges faced by traditional revenue managers, and the potential impact of new entrants and changing guest expectations.
We touch on the potential benefits of adopting automated pricing systems for revenue management, occupancy optimization, and reducing manual efforts, especially in smaller properties where dedicated resources are limited.
Also, the need for continued education, adaptation to technological advancements, and a shift in mindset towards viewing revenue management systems as essential tools for staying competitive in the evolving hotel industry.
During the conversation we touch on subjects such as:
Today we are joined by 3 guests:
Kris Glabinski of Aggregate Intelligence
Nicolo (Nick) Rolle of Lybra
Marco Kleiner of Atomize
NB: Aggregate Intelligence, Lybra and Atomize are all Expert Partners,
This is a wide ranging discussion centered around the importance of time, adaptability, and the ability to respond quickly to market changes in the context of pricing strategies for hotels, emphasising the challenges faced by smaller independent properties in managing pricing strategies manually and how automated pricing systems can address these problems.
Kris, Nick and Marco also look at the evolving nature of the hotel industry, the challenges faced by traditional revenue managers, and the potential impact of new entrants and changing guest expectations.
We touch on the potential benefits of adopting automated pricing systems for revenue management, occupancy optimization, and reducing manual efforts, especially in smaller properties where dedicated resources are limited.
Also, the need for continued education, adaptation to technological advancements, and a shift in mindset towards viewing revenue management systems as essential tools for staying competitive in the evolving hotel industry.
During the conversation we touch on subjects such as:
- Time Constraints
- Frequency of price changes
- Understanding market dynamics
- Role of Automated pricing
- Real time dynamics
- Technology adoption
- Educational gap
- Cost perception
- Generational shift
- Guest personalization
Really hope you enjoy the conversation
👀 If you would like to watch the video of our discussion
Here is the YouTube link: https://youtu.be/YMGvJHz3fEU
🗣 Feel free to drop us a line with any questions or comments.
We’re always interested to hear from you and happy to follow up with our guests on any questions.
We are also keen to hear of topics you might like discussed and guests you would like to hear from.
You can reach us at: insights@revenue-hub.com
👣 HOW TO FOLLOW US
LinkedIn: https://www.linkedin.com/company/revenue-hub
Facebook: https://www.facebook.com/revenuehub/
Twitter: https://twitter.com/revenue_hub
YouTube: Subscribe Link
👀 If you would like to watch the video of our discussion
Here is the YouTube link: https://youtu.be/YMGvJHz3fEU
🗣 Feel free to drop us a line with any questions or comments.
We’re always interested to hear from you and happy to follow up with our guests on any questions.
We are also keen to hear of topics you might like discussed and guests you would like to hear from.
You can reach us at: insights@revenue-hub.com
👣 HOW TO FOLLOW US
LinkedIn: https://www.linkedin.com/company/revenue-hub
Facebook: https://www.facebook.com/revenuehub/
Twitter: https://twitter.com/revenue_hub
YouTube: Subscribe Link
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