Kelly A. McGuire

Pricing Hotel Rooms in a Social World

NO RATINGS
View Comments: Newest First | Oldest First | Threaded View
tinym
User Rank
Data Doctor
Re: anxious
tinym   10/28/2013 11:06:02 PM
NO RATINGS
You an get the best deals by staying home and out of hotels. ;)

michaeljackson
User Rank
Prospector
Re: anxious
michaeljackson   10/28/2013 2:23:08 PM
NO RATINGS
@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
User Rank
Blogger
Re: anxious
kicheko   10/28/2013 3:51:55 AM
NO RATINGS
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
User Rank
Prospector
Reviews
chapAnjou   10/27/2013 5:04:00 PM
NO RATINGS
"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
User Rank
Prospector
Re: anxious
chapAnjou   10/27/2013 5:00:01 PM
NO RATINGS
@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
User Rank
Prospector
anxious
TalkerZ   10/26/2013 12:14:13 PM
NO RATINGS
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
In the hotel business, companies know little about the majority of their guests, but that little bit of knowledge can make a difference.
Experts from the Cornell School of Hospitality Management take a look at hospitality trends in 2015 and where analytics come into play.
The power of the millennials, the value of sustainability, and economic disruption are some of the factors that hotel executives have to consider as we move through 2015.
The hospitality industry seems to be accepting and embracing that the volume, variety, and velocity of data today is creating a big-data challenge (and opportunity) for the sector.
Today's advanced analytics need to be fast, and they need to be accessible. This means more changes to the technology infrastructure to support these new processes.
Radio Show
Radio Shows
UPCOMING
James M. Connolly
How to Hire Great Analytics Talent


4/23/2015   REGISTER   0
UPCOMING
James M. Connolly
Live Interviews From SAS Global Forum


4/28/2015   REGISTER   0
ARCHIVE
James M. Connolly
Sports Analytics Mean Fun and Business


3/24/2015  LISTEN   4
ARCHIVE
James M. Connolly
Secure Your Big Data in the Cloud


2/26/2015  LISTEN   114
ARCHIVE
James M. Connolly
Make It Big As a Data Scientist in 2015


2/11/2015  LISTEN   106
ARCHIVE
James M. Connolly
Big Data, Decisions & the Simulated Experience


2/3/2015  LISTEN   87
ARCHIVE
James M. Connolly
A Chat About Big Data, Machine Learning & Value


1/15/2015  LISTEN   125
ARCHIVE
Curtis Franklin Jr.
An Infrastructure for Analytics


12/18/2014  LISTEN   63
ARCHIVE
James M. Connolly
Prepare for the Internet of Things Data Blitz


12/16/2014  LISTEN   50
ARCHIVE
James M. Connolly
How Mature Is Your Analytics Program?


11/18/2014  LISTEN   148
ARCHIVE
James M. Connolly
Drive Big Decisions Using Data & Analytics


11/10/2014  LISTEN   73
ARCHIVE
Beth Schultz
Data Science & the Data-Driven Culture


10/30/2014  LISTEN   134
Information Resources
Quick Poll
Quick Poll
Infographic
Infographic
It Pays to Keep Insurance Fraud in Check
While 97% of insurers say that insurance fraud has increased or remained the same in the past two years, most of those companies report benefits from anti-fraud technology in limiting the impact of fraud, including higher quality referrals, the ability to uncover organized fraud, and improve efficiency for investigators.
Follow us on Twitter
Follow us on Twitter
Like us on Facebook
Like us on Facebook
About Us  |  Contact Us  |  Help  |  Register  |  Twitter  |  Facebook  |  RSS