article thumbnail

Secrets to Boost Your Hotel’s Revenue: Pricing Strategies You Need to Know

eZee Absolute

Pricing Strategies to Optimize Your Hotel Revenue Value-based pricing Package pricing Captive product pricing Market-penetration pricing Psychological pricing Promotional pricing Dynamic Pricing to Ace Your Strategic Game Why Is It Important to Set Pricing Strategies? This is the only way to make it win its place in the market.

article thumbnail

Top 7 KPIs every hotelier must track

Hotelogix

Market Penetration Index or MPI In order to compete in the market with your hotel property and services it is very important for a hotelier to find out how their hotel stands in the domestic market. The result you obtain : if it is more than 100 this shows that you have a dominance on the market.

KPI