Anchoring to the Past? Why That’s a Problem in 2025

Beyond Pricing·Published May 9, 2025·Pricing & Profitability
Anchoring to the Past? Why That’s a Problem in 2025
Summary

Historical anchoring in dynamic pricing, tying prices to past performance, can lead to underperformance. With evolving guest behavior and market shifts, this approach, designed to protect inventory, often complicates strategies. It's time to assess if your dynamic pricing tool is saving you time and money.

Key takeaway
Insight

Customizations of dynamic pricing models, such as date-specific minimums, can lead to overcomplication and underperformance, especially when managing multiple properties.

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Curated byLearn STR by GoStudioM·Summary synthesized by AI · sourced from Beyond Pricing