hotel price comparison platform
Hotel Price Wars – Impact and Value
Hotelivate Private Limited | August 8, 2018
Competition exists in every industry. Regardless of how niche a product/service you create, there will always be someone else who offers (or will eventually offer) something similar in the marketplace. This holds true for hotels as well. The emergence of competitors in a market alters the playing field from time to time and hotels, in an attempt to retain or gain market share, employ various competitive strategies. When faced with intense competition, the easiest one they tend to succumb to, unfortunately, is the 'price war'. Let's take a look at how this war plays out and is it always as harsh as it appears? 'Rate' or 'price' is the am...
Hotel Prices for Kentucky Derby Weekend up by 340%
HotelsCombined | April 27, 2017
With one of the biggest horse races in the country just around the corner, hotel price comparison platform, HotelsCombined analyzed the hotel rates for the popular race weekend in Louisville, Kentucky and discovered that on average the price of a hotel room for one night on Kentucky Derby weekend is 340% higher than the previous weekend. Further analysis determined that despite the steep price increase hotel prices are 10.5% lower for this year's race weekend compared to last year. "The Kentucky Derby is one of America's most popular events on the sporting calendar and as with any big event demand for hotel rooms increases, as do pr...
