For Some Hilton Hotels, It's Dynamic Discounts Or Nothing In '23

January 4, 2023


Pricing power for lodging suppliers, an altered traveler profile and uncertainty on the buyer side created unusual outcomes for 2023 rate negotiations. At some Hilton properties, this meant refusing to offer static negotiated rates and walking away from business.

As customers sought to move rate programs back to the traditional static structure from a dynamic one that changes along with market rates, a top Hilton official was surprised by the response from hotels.

"What I saw happening was quite a lot of hotels . . .

The full content is available to subscribers


Reminder: As per our Subscriber Agreement, reproduction or distribution of content and sharing user names and passwords are strictly prohibited.



Source link

logo
Score LA is a website dedicated to the sprawling California city in the south, which happens to be the heart of the United State's movie and TV industry. Near the iconic Hollywood sign stands the studios Paramount Pictures, Universal, and Warner Brothers, along with others that also give behind-the-scenes tours.
Additional Information
Copyright © 2023 Score LA. All Rights Reserved.
DMCA.com Protection Status