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Automatic

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  • 6 min

A Step-by-Step Guide to Implementing Data-Based Pricing Strategies

```html 📰 Setting effective room rates in the hotel industry involves targeting key metrics such as RevPAR, occupancy, and ADR. Utilizing historical data from a property management system (PMS) helps hotels understand booking patterns and optimize distribution. Monitoring booking windows and market segments informs strategic discounting and promotions. RMS tools automate tracking of demand, pricing fluctuations, and market positioning. Regular reviews of pricing strategies are recommended, with frequency depending on property size and resources; larger hotels may require more frequent reviews, while smaller properties can rely on RMS for 3-4 strategic checks per month. Implementing RMS reduces manual workload and helps hotels stay competitive by adjusting prices in line with market demand. ```
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  • 2 min

PizzaForno’s Heats Up Vending Machine Market

🍕 PizzaForno expanded in the first half of 2024, adding six U.S. states including Utah, California, Delaware, New York, Florida, and Maryland, and doubled its expansion compared to the first half of 2023 with 39 new units. Internationally, PizzaForno secured 20 locations in Mexico and installed 18 units in Canada in 2024. The company aims for over 100 units in Mexico soon and plans for 25,000 units by 2028, focusing on campuses and various locations, offering 24/7 pizza vending with a digital-ordering app.
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