VRMA
    International 2022Join Now

    Proven Strategies to Optimize Revenue Management in Uncertain Times

    Track: Data and Revenue Management

    Session Number: 3018
    Date: Tue, Oct 25th, 2022
    Time: 2:00 PM - 3:00 PM

    Description:

    Standard pricing strategies, such as seasonality and last-minute deals, went out the window throughout most of COVID-19 due to new consumer behavioral patterns that emerged during the pandemic. Today, utilizing dynamic pricing tools to maximize occupancy is no longer nice to have but an absolute must. Learn how to optimize your rate strategies to boost revenue, encourage more bookings by offering guests additional pricing options, and increase occupancy with attractive promotions—all while catering to rising guest expectations.
    Session Type: Panel Breakout Session (45 minutes - 60 minutes)

    2 Learning Outcomes:
    1. The benefits of a dynamic pricing strategy.
    2. How to create optimal revenue management strategies to beat market fluctuations.
    3. Transforming raw data into actionable insights.
    Session Type: Panel Breakout Session (45 minutes - 60 minutes)

    2 Learning Outcomes:
    1. The benefits of a dynamic pricing strategy.
    2. How to create optimal revenue management strategies to beat market fluctuations.
    3. Transforming raw data into actionable insights.