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On cancellations, rebooking, and pricing schemes
Lisa forwarded me an email describing how travelers are booking their hotel rooms well in advance, then canceling them at the last week or so if they see a special deal or suspect one from a major chain, and rebooking at the lower price. The article went on to say how the bigger hotel chains are less worried than the smaller independents, who resent the practice.
There is a need for differential pricing at times - to fill facilities in the lower season / quiet times of day, and to maximize revenue at other times so that the books as a whole balance or make an acceptable level of profit. But my experience of many systems is that they create anomalies, they get out of hand .... and they should only be set up with extreme care. Otherwise, they end up "turning off" the customer, cause the provider to give a lower quality service to his cheaper customers, and leave the full price payers feeling very hard done by. I've no big solution to offer. I can offer a principle which we apply that says "keep it simple, consistent, fair and easily justified" but my goodness - even in our business - there are times that it's hard to stick to your guns on such an approach. (written 2007-11-22 23:25:32) Associated topics are indexed under M300 - Well House Manor - Behind the scenes
Some other Articles
Looking after you Christmas Customer CrowdsUsing English can slow you right down! Christmas is coming very early Reading a file multiple times - file pointers On cancellations, rebooking, and pricing schemes Useful command or messy screen? Linux / Unix - layout of operating system files Copy and paste / cut and paste and other vi techniques Above the fold with First Great Western A little touring help during a business trip to England 1690 posts, page by page
Link to page ... 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34 at 50 posts per pageThis is a page archived from The Horse's Mouth at http://www.wellho.net/horse/ - the diary and writings of Graham Ellis. Every attempt was made to provide current information at the time the page was written, but things do move forward in our business - new software releases, price changes, new techniques. Please check back via our main site for current courses, prices, versions, etc - any mention of a price in "The Horse's Mouth" cannot be taken as an offer to supply at that price. Link to Ezine home page (for reading). Link to Blogging home page (to add comments). |
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