The partnership will increase the adoption of energy-efficient connected devices and boost enrollment in demand response and other demand-side management programs, as well as encourage customers to maximize the benefits of time-of-use and demand-based pricing
Historically we've worked on demand-based pricing
, but this has consistently left unanswered questions about the best way to boost performance - both in peak demand periods and the low season."
These demand-based pricing
strategies have resulted in revenue increases of anywhere from 5-30% (Rishe, 2012).
PriceYourRoom will enable access to daily BAR recommended demand-based pricing
as well as direct distribution to proper electronic channels.
Chief executive Alan Whiteley said: "We are all excited about the positive impact that demand-based pricing
will have on both our attendance and revenue next season."
Using the demand-based pricing
booking system, guests can book rooms at prices starting from USD3 (or even lower during promotion periods) through the web at www.tunehotels.com.
Second, continued technology improvements--including sophisticated property management systems, online rent-payment solutions and demand-based pricing
models--have made economies of scale achievable in property management."
RM and Demand-Based Pricing
in Sport Professional sport organizations have embraced demand-based pricing
over the past 10-15 years.
Pricing technology provider Digonex announced on Wednesday that the Derby County Football Club (DCFC) will be using its demand-based pricing
services via a partnership with event ticketing solutions and services provider Tickets.com to price single match tickets for the 2012/13 season.
This is where a demand-based pricing
approach comes into play.