REVnexperts
    REVclass

    Are You Pricing for Demand or Just Reacting to Competitors?

    Revenue Management
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    Are You Pricing for Demand or Just Reacting to Competitors?
    AVAILABILITY
    On-Demand
    Watch anytime
    LENGTH
    60
    Recorded session
    INCLUDES
    Certificate
    REVacademy issued
    PRICE
    ₹1,099

    In this REVclass, you'll:

    Learn how hotels can move beyond competitor-based pricing and make smarter, demand-driven pricing decisions. In this practical one-hour masterclass, you'll discover how to read demand signals, understand booking pace, evaluate market conditions, and use competitor rates as an input rather than the foundation of your pricing strategy. Rather than simply lowering or increasing rates based on what competitors are doing, you'll learn how to identify when demand supports a rate change, protect your hotel's pricing power, and balance occupancy with profitability. Whether you're a revenue manager, hotel owner, general manager, commercial professional, or hospitality student, this session provides practical strategies you can implement immediately to make more confident and profitable pricing decisions.

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    A short look at what the session covers and how it is taught.

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    PREVIEW

    Key Takeaways from the Session:

    • Price for Demand, Not Just Competition: Learn how to identify genuine demand signals and use them to make pricing decisions instead of automatically following competitor rates.
    • Understand the Role of Competitor Pricing: Discover how competitor rates can provide valuable market intelligence without allowing them to dictate your hotel's entire pricing strategy.
    • Read Booking Pace & Demand Signals: Understand how booking pace, pickup, occupancy, lead time, seasonality, events, and market trends can help determine the right pricing response.
    • Protect Rate & Revenue Potential: Learn how unnecessary discounting can leave revenue on the table and how to recognize opportunities to increase rates when demand is strong.
    • Make Faster, Data-Driven Pricing Decisions: Develop a practical pricing approach that combines demand data, market intelligence, and hotel-specific performance to improve ADR, RevPAR, and profitability.

    This Session Is Most Relevant for:

    • Hotel Revenue Managers & Revenue Professionals: Looking to move from reactive competitor-based pricing toward more strategic and demand-driven revenue decisions.
    • Hotel Owners & General Managers: Wanting to understand how pricing decisions influence occupancy, ADR, RevPAR, and overall profitability.
    • Commercial & Sales Teams: Interested in understanding how market demand, customer segments, and pricing strategy influence hotel performance.
    • Reservations & E-commerce Teams: Looking to better understand rate changes, booking behavior, and how pricing decisions affect conversion and demand.
    • Independent Hotels & Boutique Properties: Seeking practical pricing strategies to compete effectively without constantly entering price wars with larger hotel brands.
    • Hospitality Students & Aspiring Revenue Professionals: Eager to understand the fundamentals of hotel pricing, demand forecasting, competitive intelligence, and revenue optimization.

    Your Speaker

    Abhay Khanna
    Abhay Khanna
    Vice President – Sales | Marketing and Revenue Solutions for Hospitality · RateGain

    Certificate

    Certificate preview

    You get an industry-recognized REVacademy Certificate after each Masterclass you complete. It carries your name, the session title, and the date of completion, so it stands on its own as verifiable proof of the work. Add it to your LinkedIn profile and resume to showcase the skills you have gained. Once you meet the attendance or watch-time requirement, it is generated automatically and stays available here for you to download anytime.

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    Questions? We've got answers

    23 questions about this REVclass
    Is this session suitable for hotels of all sizes?+
    Yes. Whether you manage a boutique hotel, independent property, resort, or hotel chain, the demand-based pricing principles discussed can be adapted to different property sizes and market conditions.
    Do I need a revenue management background to attend?+
    No. The session is designed for hospitality professionals and students at different experience levels and explains pricing concepts using practical hotel examples.
    Will this class benefit revenue managers?+
    Absolutely. The session focuses on moving beyond reactive competitor tracking and using demand signals, booking patterns, and market intelligence to make stronger pricing decisions.
    Can hospitality students attend?+
    Yes. This session provides valuable practical knowledge about hotel pricing and revenue management, making it highly beneficial for students preparing for careers in hospitality.
    What will I learn during this one-hour session?+
    By the end of the session, you'll understand how to identify demand signals, evaluate competitor pricing, analyze booking pace, determine when to change rates, and build a more strategic approach to hotel pricing.
    How is the session conducted?+
    The REVclass is delivered live online with practical pricing examples, real-world hotel scenarios, actionable frameworks, and an interactive Q&A session.
    Will attendees receive learning materials?+
    Yes. Registered participants will receive presentation materials, practical pricing frameworks, demand analysis checklists, and useful resources after the session.
    What if I cannot attend the live session?+
    If you're registered, you'll receive access to the recorded session so you can watch it at your convenience.
    How much does this REVclass cost?+
    Current pricing is displayed alongside the registration section. Early registration discounts and group pricing may also be available.
    Do REVunity members receive benefits?+
    Yes. REVunity members often receive complimentary or discounted access to REVclasses along with exclusive hospitality learning resources.
    Our hotel already tracks competitor prices. Is this session still useful?+
    Definitely. The session goes beyond competitor tracking and explains how to combine competitor intelligence with actual demand, booking pace, occupancy trends, and hotel-specific performance.
    Will we need an expensive RMS or advanced technology to apply these strategies?+
    No. Many of the principles can be applied using existing PMS reports, booking data, spreadsheets, market information, and basic revenue management tools. Advanced technology can enhance the process but is not essential to understand the strategy.
    What is demand-based pricing?+
    Demand-based pricing is the practice of adjusting hotel rates according to expected demand, booking behavior, market conditions, customer willingness to pay, and available inventory rather than simply following competitor rates.
    Why shouldn't hotels rely only on competitor pricing?+
    Competitor pricing provides useful market context, but competitors may have different demand patterns, customer segments, inventory levels, costs, and business objectives. Simply copying their rates can result in missed revenue opportunities or unnecessary discounting.
    What is reactive pricing?+
    Reactive pricing occurs when a hotel changes its rates primarily because competitors have changed theirs, without first evaluating its own demand, booking pace, occupancy, or revenue objectives.
    What are demand signals in hotel revenue management?+
    Demand signals are indicators that help revenue teams understand future booking potential. These can include pickup, booking pace, occupancy, lead time, cancellations, search activity, events, seasonality, market trends, and historical performance.
    How does competitor pricing support revenue management?+
    Competitor pricing provides market intelligence and helps hotels understand their relative positioning. However, it should be used alongside demand, inventory, booking behavior, and property-specific performance rather than as the sole pricing trigger.
    Our competitors have lowered their rates. Should we lower ours too?+
    Not necessarily. You'll learn how to evaluate whether the market actually requires a rate reduction and how to determine if your hotel's own demand indicators support maintaining or even increasing rates.
    Our hotel keeps matching competitors but profitability is not improving. What can we change?+
    The session covers how to move away from rate matching and focus on demand, customer segments, booking pace, and willingness to pay to make more profitable pricing decisions.
    How can we know when it is the right time to increase our rates?+
    You'll discover how pickup, occupancy, booking pace, remaining inventory, lead time, events, and other demand indicators can help identify opportunities to increase rates.
    Our occupancy is high but ADR is low. What should we do?+
    You'll learn how to assess whether the hotel is underpricing during periods of strong demand and how strategic rate increases and inventory controls can help improve ADR and RevPAR.
    How can we balance competitiveness with profitability?+
    The session explains how to use competitor rates as a reference point while maintaining your hotel's own pricing strategy, positioning, demand expectations, and profitability objectives.
    What should we do when demand is weaker than expected?+
    You'll learn how to identify whether a pricing adjustment is actually required and how to combine rate strategy, segmentation, promotions, distribution, and demand-generation opportunities rather than relying only on discounts.
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