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Increasing Revenue and Guest Satisfaction: The Art of Hotel Pricing

As a hotelier, your ultimate objective is to guarantee the success of your establishment. A vital aspect of accomplishing this goal is to effectively price your rooms. Dynamic pricing, particularly for last-minute bookings, can have a substantial impact on both your revenue and the satisfaction of your guests. So, let’s dive in and explore some […]

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Stay Competitive in the Hospitality Market with Last Minute Pricing

In the highly competitive world of hospitality, nailing the perfect price for your hotel rooms is no easy feat. It’s a delicate balance, considering the ever-changing demand and a whole host of other factors. But fear not, because Preno’s Last Minute Pricing tool is built to help. This new feature gives your hotel a competitive […]

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Dynamic Pricing vs. Fixed Pricing: Which is Right for Your Hotel?

Effective pricing strategies are crucial for the success and profitability of hotels. In the highly competitive and ever-evolving hospitality industry, selecting the right pricing approach can make a world of difference. Dynamic pricing and fixed pricing are two prominent strategies that have gained traction in the hotel sector. In this comprehensive guide, we will explore […]

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Fill Your Empty Rooms With Preno’s New Last Minute Pricing Tool

If you’re in the hospitality industry, you understand the pain of vacant rooms. Every empty room is lost revenue, and in a competitive market, it’s crucial to ensure maximum occupancy while maintaining reasonable rates. That’s why we’re excited to introduce Preno’s latest addition to our Dynamic Pricing suite: Last Minute Pricing. This proactive tool reviews […]

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How Preno’s Dynamic Pricing Gained The Pink Hotel an Extra $18.64 per Booking

Earlier this week, we announced the release of Preno’s highly anticipated tool—Dynamic Pricing. Specifically designed for hoteliers, this tool works in the background constantly adjusting room rates for properties. It increases the price of a room as demand increases, allowing hoteliers to increase additional revenue from their limited number of rooms. In preparation for the […]

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Hotel Discount Pricing Strategies For Small Hotels

In the cutthroat hospitality industry, standing out can be a daunting task. But don’t worry! A well-devised hotel discount pricing strategy could be your golden ticket. Lowering room rates, even slightly, can dramatically increase demand while piquing the interest of budget-conscious travellers and setting you apart in a crowded market. This strategy is not just […]

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Dynamic Pricing in the Hotel Industry: Strategies & How-To

The hotel industry is constantly evolving, and hoteliers are increasingly turning to dynamic pricing to optimise their revenue. Dynamic pricing is the process of changing the rate of a hotel room according to the demand. By leveraging dynamic pricing, hoteliers can take advantage of fluctuating demand and maximise their revenue. Dynamic pricing is an important […]

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Preno’s New Dynamic Pricing Feature: Surge Pricing

Automatically increase your revenue with Preno’s new Dynamic Pricing tool: Surge Pricing. With this tool Preno can now increase your rates when demand is high—without you having to lift a finger. 4 Advantages of using Preno’s Dynamic Pricing: Let’s delve into what Surge Pricing can do for your hotel: 1. Surge Pricing: Increases Your Mid-Week […]

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Dynamic Pricing Strategy: Increase vs. Decrease

Dynamic pricing is a crucial strategy in the hotel industry that aims to optimise revenue and achieve maximum occupancy based on the principles of supply and demand. By dynamically adjusting prices in real-time, hotels can effectively respond to market fluctuations and capitalise on revenue opportunities. In this article, we will explore the concept of dynamic […]

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A Guide to Hotel Dynamic Pricing

In the ever-evolving hospitality industry, staying competitive means keeping up with the latest trends and strategies. One such strategy that has proven to be a game-changer for many hotels is dynamic pricing. This pricing model, based on real-time supply and demand, allows hotels to optimise their revenue and stay competitive in a fluctuating market. In […]

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Maximising Your Revenue: Dynamic Pricing Strategy For Airbnb

In the ever-evolving landscape of Airbnb hosting, staying ahead of the curve is crucial to maximising your earning potential. One way you can achieve this is by adopting a dynamic pricing strategy. This article will take you through the concept of dynamic pricing and how it can be utilised to increase your profits as an […]

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