Common Revenue Management Mistakes That Cost Owner Trust ft. Joaquin Lozada

49 views6 days ago15m 11sScore: 77

PriceLabs

Pricing & Profitability
intermediate
Revenue Management
Pricing Strategy
Dynamic Pricing

Summary

This video features Joaquin Lozada, Solutions Consultant at PriceLabs, discussing revenue management mistakes that affect owner trust. Joaquin advocates for a minimalist approach to pricing, starting with fewer rules and customizations, and gradually tweaking things over time to avoid unintended consequences. He also emphasizes that revenue management is not just about increasing revenue, but also protecting owner income.