How to Decide Hotel Rates: A Complete Guide for Hoteliers
Hotelogix
JANUARY 19, 2025
Cost-Plus Pricing: Add profit margins to operational costs to determine rates. Historical Forecasts Historical data helps you predict future demand and optimize rates. How to Use Forecasting: Analyze past trends for high-demand and low-demand periods. Example: “Stay 3 nights and get a special rate.”
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