Rate Optimization for 2-BedRoom Room Suite in a 5-Star Halkidiki Hotel

by Victor Matsas • 12 Feb 2025

Location: Greece, Halkidiki

Today's post offers a representative sample of practical application of Hotel Insider tools.
Rate Optimization for 2-BedRoom Room Suite in a 5-Star Halkidiki Hotel
A 5-star hotel in Halkidiki asked for our assistance regarding the pricing of a special room type (2-Bedroom Suite). After scanning the entire 5-star market of the area for 2 different stays (3 and 7 nights), we found the following data:

a) The hotel has a minimum stay restriction of 7 nights for the period 15 June - 30 September resulting in losing from some potential sales with less LOS. Taking into account that the number of hotels that have this type of room for stays of less than 7 nights is minimal, our proposal is to put the 2-Bedroom Suite on sale for stays of 3 nights or more without any accompanying discount.

b) For LOS=3: From mid-May to June 15 as well as from October 1-15, the 2-Bedroom Suite is sold above the recommended price range

c) For LOS=7: From mid-May to June 15 as well as for the period August 21-October 15, the 2-Bedroom Suite is sold above the recommended price range

As we have written in the past, Hotel Insider price proposals are based on a completely original -holistic- approach, which has proven effective even in very difficult cases.

Our recommendations are fully documented based on mathematical data analysis and any hotelier can test them to confirm their degree of reliability.