Kelly A. McGuire

Pricing Hotel Rooms in a Social World

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tinym
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Data Doctor
Re: anxious
tinym   10/28/2013 11:06:02 PM
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You an get the best deals by staying home and out of hotels. ;)

michaeljackson
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Prospector
Re: anxious
michaeljackson   10/28/2013 2:23:08 PM
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@kicheko, you are correct.  Unless the patron is using some sort of special rate i.e., gov't rate, AARP, you are probably going to get a raw deal when reserving your room. 

kicheko
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Blogger
Re: anxious
kicheko   10/28/2013 3:51:55 AM
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Some hotels still hide their prices and deals and this certainly leaves one feeling that they could have found a better deal. However if i saw a range of prices from reputable places, then i don't have to worry about those i didn't see because its easy to estimate the average price. Still, negative reviews will keep me away from a great price.

chapAnjou
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Prospector
Reviews
chapAnjou   10/27/2013 5:04:00 PM
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"Reviews and price are the most important influencers of choice"

I not only agree with this statement, I think this is a wonderful thing for consumers.  Slowly companies will understand that they have to be absolutely perfect because all it takes is a single bad review to snowball and reach thousands of eyes.

On the flip side, I do think that companies may get incorrectly judged based on a single bad experience...but it's up to the company to minimize these bad experiences as best they can.

chapAnjou
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Prospector
Re: anxious
chapAnjou   10/27/2013 5:00:01 PM
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@TalkerZ,

As long as people are purchasing goods, this will always be a problem that consumers face.  This is a problem across all aspects of our lives though.  Gambler addiction is caused by that thought that "the next hand will be the winner".

TalkerZ
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Prospector
anxious
TalkerZ   10/26/2013 12:14:13 PM
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The pricing strategies leave consumers feeling anxious and unsettled - you always think that you could have found a better deal

Information Resources
More Blogs from Kelly A. McGuire
For the hotel industry in 2016, the mandate includes more strategic thinking, fewer gut decisions, and better collaboration among business units.
For hotels personalization requires teamwork across the diverse marketing, operations, and revenue management groups.
There are new and exciting use cases for predictive analytics on the horizon for hotel organizations. As the industry as a whole grapples with big data, you can better come to terms with the data from the explosion of interaction points with our guests.
Data and analytics can benefit not only the individual hotel departments but also can support cross-department coordination.
Kelly and Natalie explore some of the types of analytics that could prove useful to hotel operators.
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