Hotel Pricing Strategies

  • Author: DCT
  • Level: Introduction
  • Study time: 2 hours
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This short course provides insights into forecast based pricing and occupancy and length-of-stay based pricing.

We also review the importance of loyalty pricing and attribute based pricing.

All of these concepts working in parallel are critical for a successful hotel pricing strategy.


Complete the course quizzes for a DCT-Online Certificate of Completion.
  • Video time: 4 lessons
  • Exams: Two Quizzes

What you will learn

 

The framework that supports a set of pricing strategies

 

The fundamental basics for pricing like the economics of supply & demand and the overall determinants of demand

 

Various pricing strategies that can be adopted in hospitality to price different products and services

 

Pricing innovations in hospitality 

 

The distribution channels used to promote hospitality products