Dynamic Pricing

Dynamic pricing is a flexible pricing strategy where the price of a product or service changes in real-time based on market demand, competition, availability, and other influencing factors. In the hotel industry, this often means adjusting room rates daily or even hourly to maximize revenue while matching market conditions.

Example:

  • Room charges for high and low season are different
  • Increasing room price when the demand is high
  • Decreasing room price when the demand is low

GuestPro Dynamic Pricing

A Feature that allows hotel to set dynamic pricing for hotel room based on occupancy or room sold. This feature is part of GuestPro Revenue Management System. For detailed tutorial, please click this link below: 

Revenue Management System – Dynamic Pricing

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