Hotel Price Wars – Impact and Value
Hotelivate Private Limited | August 8, 2018
Competition exists in every industry. Regardless of how niche a product/service you create, there will always be someone else who offers (or will eventually offer) something similar in the marketplace. This holds true for hotels as well. The emergence of competitors in a market alters the playing field from time to time and hotels, in an attempt to retain or gain market share, employ various competitive strategies. When faced with intense competition, the easiest one they tend to succumb to, unfortunately, is the 'price war'. Let's take a look at how this war plays out and is it always as harsh as it appears? 'Rate' or 'price' is the am...
Appointments/People on the Move
All Things Independent
From Digital Disruption to Dominance: Redefining Hotel Group Sales for the Digital Era
New Report From Cvent and GBTA Sheds Light on the Transforming Role of the Corporate Travel Manager
Next Up for Revenue Managers: Tackling Ancillary Outlets
STR: U.S. Hotel Results for Week Ending 27 May
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.